This article uses auto-translation in part.
It will be the fourth time in 2024The 'halving' of bitcoinis approaching.Historically, the price of Bitcoin has often soared.In the previous halving on May 11, 2020, Bitcoin was at $8,750, and it experienced a surge of over 430% from $0.01 million 1,500 in October, five months later, to $0.06 million 1,300 in March 2021.
The 'halving' of bitcoin is an event that systematically reduces the rewards received by miners (this term is mentioned in the code of Bitcoin). It is carried out at a frequency of about once every four years, more precisely, for every 0.21 million blocks of transactions. As the name suggests, the amount of bitcoin received by miners per block reward is halved. When Bitcoin was launched in 2009, miners received 50 bitcoins per block, but this reward decreased to 25 in the first halving in 2012. In 2016, it became 12.5, in 2020 it became 6.25, and it is scheduled to decrease to 3.125 in 2024. Due to the difficulty in determining the exact date, analysts are beginning to make predictions about when the halving will occur...

Recently, Tesla has been gradually declining, the gap with other large technology stocks is widening, and it is increasingly disliked by Wall Street analysts. In a recent example, Wells Fargo recently lowered Tesla's target stock price and recommended reducing shareholdings.
However, a famous strategist for Tesla, Dan Ives, and his team mentioned that the market is overly bearish on Tesla stock and there is a possibility that Tesla stock could rise by 77% in the next 12 months.Dan Ives, a renowned strategist at the U.S. investment bank Wedbush,However, Dan Ives, a famous strategist for Tesla, and his team mentioned that the market is overly bearish on Tesla stock and there is a possibility that Tesla stock could rise by 77% in the next 12 months.
In the latest report, they believe that Tesla's demand is stabilizing for the remainder of 2024, and the slowing price cuts indicate strong cost efficiency in battery cost/production. Furthermore, the company plans to release Model 2 priced below $30,000 next year. All of these are positive signals for the stock rebound.
Nevertheless, Tesla is still facing many challenges in the short term, such as the downturn in demand for electric vehicles, deteriorating profit margins due to "price competition", temporary closure of the Berlin factory, and controversies surrounding Musk's compensation system.

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This week's points
Japanese stocks are expected to stay strong this week. Inflation trends in the US have weakened, and market expectations for next year's global economy are expanding. Also, in the US starting the day after Thanksgiving on November 23Trends in the year-end sales season are based on materialsIt looks like it's going to be done. On Black Friday the day after Thanksgiving or Cyber Monday at the beginning of the weekIf good private consumption seems to be shown, market price developments in anticipation of a year-end high are expectedProbably. On the other hand, since the market price is in the high price range, return selling pressure tends to increase, and the mood of wanting to confirm the results of the US year-end sales season also seems to hold back the upper price.
This weekA lot of Japan-US economic indicators are coming out。 There will be an increase in the number of situations where long-term interest rates in the US and the dollar yen will be closely looked up. Of October to be announced on the 30thUS Personal Consumption Expenditure (PCE) deflatorhas the highest level of attention. If it falls as expected by the market, long-term US interest rates will remain low, and both Japanese and US stocks will be able to maintain a strong exchange rate (Ichikawa Masahiro, chief strategist at Sumitomo Mitsui DS Asset Management). Also, the Nikkei Average follows US high-tech stock prices, etc.34,000 yenIt is possible to break through...