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Hi Crypto Academy Network, Tesla CEO Elon Musk soured market sentiment last week with two tweets that did not go down well with crypto investors. On May 12, Musk tweeted that Tesla will stop accepting Bitcoin payments for its vehicle purchases because of the “rapidly increasing use of fossil fuels for bitcoin mining.” This tweet started the meltdown in Bitcoin. The second tweet that intensified the selling in Bitcoin was on May 17 where Musk teased that Tesla may have sold its Bitcoin holdings or may do so in the near future. Although Musk later clarified that Tesla had “not sold any Bitcoin,” it did little to improve the battered sentiment. We had mentioned that shorting opportunities may open up for professional traders and that is what happened. Bitcoin broke below the £38,000 support on May 12, which triggered panic selling.The BTC/GBP pair continued to move lower and reached the £31,005 support on May 17. The bulls are currently attempting to defend the £31,005 support. KEY TRADING LEVELS Top Content This Week!  | Led by Cardano ADA, green cryptos | | | |  | Ethereum’s Vitalik Buterin Burns | | | |  | Ethereum Network Revenue Set to Smash | | | | Top Article This Week! The information you’ll find in this email is for educational purpose only. We make no promise or guarantee of income or earnings. You have to do some work, use your best judgment and perform due diligence before using the information in this email. Your success is still up to you. Nothing in this email is intended to be professional, legal, financial and/or accounting advice. Always seek competent advice from professionals in these matters. We also recommend that you check all UK laws to make sure you are in compliance when you create your online business. If you break the city or other local laws, we will not be held liable for any damages you incur | 
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