The Ark Invest ETF fund, known for its belief in the future of Tesla, has released an updated forecast for the automaker's shares. According to analysts, by 2025, TSLA quotes will grow to $3,000. Below are the reasons that should contribute to such an active rally, but first we note the fact that in its forecast for 2020, Ark Invest was wrong on literally all points: from production to gross margin figures. The stock has risen significantly in the past year, but this happened against the background of speculation from retail investors and inclusion in the S&P 500. Thus, releases from Ark Invest should be treated with the utmost caution.
The fund believes that Tesla's revenue will reach $42 billion, and operating profit – $20 billion due to the development of the automatic taxi service. Let's say that the company does launch this business, but the probability that it will be able to achieve such a high profitability is incredibly small. For example, Uber (a service that has long been on the market) at the end of 2020 received an operating loss of $4.86 billion.
In the calculations of Ark Invest, the number of 1 billion appears – that is how many shares of Tesla, according to analysts, will be on the market. At the moment, there are 1.124 billion of them. It is quite possible that to increase the volume of car production to 5-10 million units per year (Ark Invest expects), it will be necessary to attract additional funding, including through the placement of shares. However, even if this is not required, the company is unlikely to find "extra" money to buy back about 13% of its own shares.
Ark Invest also hopes that Tesla's insurance business will be able to generate $23 billion. There is no point in discussing this topic for a long time. Just to remind you that the market giant Progressive, whose field of activity goes far beyond car insurance, earns only half of this amount.
Litecoin LTC/USD is trading at 126.99. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Litecoin. At the moment, cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Litecoin exchange rate forecast, a test of the level of 148.20 is expected. From where we should expect an attempt to continue the fall of LTC/USD and further development of the downward trend. The target of such a movement is the area near the level of 41.20. The conservative area for Litecoin sales is located near the upper border of the bands of the Bollinger Bands indicator at the level of 149.20.Litecoin signal for the week of July 19-25, 2021The cancellation of the option of continuing the decline of the Litecoin exchange rate will be a breakdown of the upper border of the bands of the Bollinger Bands indicator. As well as a moving average with a period of 55 and the closing of the pair's quotes above the area of 210.20. This will indicate a change in the current trend in favor of a bullish one for LTC/USD. In the event of a breakdown of the lower border of the bands of the Bollinger Bands indicator, we should expect an acceleration of the fall of the cryptocurrency.Litecoin forecast for the week of July 19 - 25, 2021 assumes a test of the level of 148.20. Then it is expected to continue falling to the area below the level of 41.20. The conservative selling zone is located near the area of 149.20. The breakdown of the level of 210.20 will act as a cancellation of the fall of the cryptocurrency. In this case, we should expect continued growth. 
Ethereum ETH/USD is trading at the level of 1946. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Ethereum. At the moment, cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the forecast of the Ethereum exchange rate, a test of the 2140 level is expected. From where we should expect an attempt to continue the fall of ETH/USD and further development of the downward trend. The target of such a movement is the area near the 1270 level. The conservative area for Ethereum sales is located near the upper border of the bands of the Bollinger Bands indicator at the level of 2420.Ethereum signal for the week of July 19-25, 2021The cancellation of the option of continuing the decline in the Ethereum exchange rate will be a breakdown of the upper border of the bands of the Bollinger Bands indicator. As well as the moving average with a period of 55 and the closing of the pair's quotes above the area of 2620. This will indicate a change in the current trend in favor of a bullish one for ETH/USD. In the event of a breakdown of the lower border of the bands of the Bollinger Bands indicator, we should expect an acceleration of the fall of the cryptocurrency.The Ethereum forecast for the week of July 19 - 25, 2021 assumes a test of the 2140 level. Further, the fall is expected to continue to the area below the level of 1270. The conservative sales zone is located near the 2420 area. The breakdown of the level of 2620 will be the cancellation of the option of the fall of the cryptocurrency. In this case, we should expect continued growth. 
Bitcoin BTC/USD is trading at the level of 31934. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Bitcoin. At the moment, cryptocurrency quotes are moving near the lower border of the bands of the Bollinger Bands indicator.As part of the Bitcoin exchange rate forecast, a test of the 34040 level is expected. From where we should expect an attempt to continue the fall of BTC/USD and further development of the downward trend. The goal of such a movement is the area near the level of 22070. The conservative area for Bitcoin sales is located near the upper border of the bands of the Bollinger Bands indicator at the level of 35980.Bitcoin signal for the week of July 19-25, 2021The cancellation of the option of continuing the decline in the Bitcoin exchange rate will be a breakdown of the upper border of the bands of the Bollinger Bands indicator. As well as the moving average with a period of 55 and the closing of the pair's quotes above the area of 38200. This will indicate a change in the current trend in favor of a bullish one for BTC/USD. In the event of a breakdown of the lower border of the bands of the Bollinger Bands indicator, we should expect an acceleration of the fall of the cryptocurrency.The bitcoin forecast for the week of July 19 - 25, 2021 assumes a test of the 34040 level. Further, the fall is expected to continue to the area below the level of 22070. The conservative sales zone is located near the area of 35980. The cancellation of the fall of the cryptocurrency will be the breakdown of the 38200 level. In this case, we should expect continued growth. 
Ripple XRP/USD is trading at 0.6369. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Ripple. At the moment, cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Ripple exchange rate forecast, a test of the 0.6780 level is expected. From where we should expect an attempt to continue the fall of XRP/USD and further development of the downward trend. The target of such a movement is the area near the level of 0.4890. The conservative area for Ripple sales is located near the upper border of the bands of the Bollinger Bands indicator at the level of 0.6790. Ripple XRP/USD forecast for June 29, 2021 The cancellation of the option of continuing the decline of the Ripple exchange rate will be a breakdown of the upper border of the bands of the Bollinger Bands indicator. As well as the moving average with a period of 55 and the closing of the pair's quotes above the 0.7420 area. This will indicate a change in the current trend in favor of a bullish one for XRP/USD. In the event of a breakdown of the lower border of the bands of the Bollinger Bands indicator, we should expect an acceleration of the fall of the cryptocurrency.Ripple XRP/USD forecast for today, June 29, 2021 suggests a test of the 0.6780 level. Further, the fall is expected to continue to the area below the level of 0.4890. The conservative sales zone is located near the 0.6790 area. The cancellation of the fall of the cryptocurrency will be the breakdown of the 0.7420 level. In this case, we should expect continued growth. 
Bitcoin BTC/USD is trading at the level of 34671. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Bitcoin. At the moment, cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Bitcoin exchange rate forecast, a test of the 40540 level is expected. From where we should expect an attempt to continue the fall of BTC/USD and further development of the downward trend. The target of such a movement is the area near the level of 23500. The conservative area for Bitcoin sales is located near the upper border of the bands of the Bollinger Bands indicator at the level of 40580. Bitcoin exchange rate forecast for the week of June 28 - July 4, 2021 The cancellation of the option of continuing the decline in the Bitcoin exchange rate will be a breakdown of the upper border of the bands of the Bollinger Bands indicator. As well as the moving average with a period of 55 and the closing of the pair's quotes above the area of 45580. This will indicate a change in the current trend in favor of a bullish one for BTC/USD. In the event of a breakdown of the lower border of the bands of the Bollinger Bands indicator, we should expect an acceleration of the fall of the cryptocurrency.The bitcoin exchange rate forecast for the week of June 28 - July 4, 2021 assumes a test of the 40540 level. Further, it is expected to continue falling to the area below the level of 23500. The conservative sales zone is located near the 40580 area. The cancellation of the fall of the cryptocurrency will be the breakdown of the level of 45580. In this case, we should expect continued growth. 
Litecoin LTC/USD is trading at the level of 170.97. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Litecoin. At the moment, the cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Litecoin exchange rate forecast, a test of the 180.30 level is expected. Where to expect an attempt to continue the fall of LTC/USD and further development of the downward trend. The target of this movement is the area near the level of 130.20. The conservative area for Litecoin sales is located near the upper border of the Bollinger Bands indicator at the level of 181.00. Litecoin LTC/USD forecast for Today June 15, 2021 The cancellation of the option to continue the decline of the Litecoin rate will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of the pair's quotes above the area of 196.20. This will indicate a change in the current trend in favor of the bullish LTC/USD. In the event of a breakdown of the lower limit of the bands of the Bollinger Bands indicator, we should expect an acceleration in the fall of the cryptocurrency.Litecoin LTC/USD forecast for today, June 15, 2021 suggests a test of the level of 180.30. Further, it is expected to continue falling to the area below the level of 130.20. The conservative sales zone is located near the area of 181.00. The cancellation of the fall of the cryptocurrency will be a breakdown of the level of 196.20.In this case, we should expect continued growth. 
Ripple XRP/USD is trading at 0.8675. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Ripple. At the moment, the cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Ripple exchange rate forecast, a test of the 0.9170 level is expected. Where to expect an attempt to continue the fall of XRP/USD and further development of the downward trend. The target of this movement is the area near the level of 0.6960. The conservative area for Ripple sales is located near the upper border of the Bollinger Bands indicator bands at 0.9180. Ripple XRP USD forecast for today June 15, 2021 The cancellation of the option to continue the decline of the Ripple rate will be a breakdown of the upper border of the bands of the Bollinger Bands indicator. As well as the moving average with a period of 55 and the closing of the pair's quotes above the 1.0420 area. This will indicate a change in the current trend in favor of a bullish one for XRP/USD. In the event of a breakdown of the lower limit of the bands of the Bollinger Bands indicator, we should expect an acceleration in the fall of the cryptocurrency.Ripple XRP/USD forecast for today, June 15, 2021 suggests a test of the level of 0.9170. Further, it is expected to continue falling to the area below the level of 0.6960. The conservative selling zone is located near the 0.9180 area. The cancellation of the fall of the cryptocurrency will be the breakdown of the level of 1.0420. In this case, we should expect continued growth. 
Ethereum ETH/USD is trading at 2468. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Ethereum. At the moment, the cryptocurrency quotes are moving near the lower border of the bands of the Bollinger Bands indicator.As part of the Ethereum exchange rate forecast, a test of the 2610 level is expected. Where to expect an attempt to continue the fall of ETH/USD and further development of the downward trend. The target of this movement is the area near the 2090 level. The conservative area for selling Ethereum is located near the upper border of the Bollinger Bands indicator at the level of 2620. Ethereum ETH/USD forecast for today June 15, 2021 The cancellation of the option to continue the decline in the Ethereum rate will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of the pair's quotes above the 2800 area. This will indicate a change in the current trend in favor of a bullish one for ETH/USD. In the event of a breakdown of the lower limit of the bands of the Bollinger Bands indicator, we should expect an acceleration in the fall of the cryptocurrency.Ethereum ETH/USD forecast for today, June 15, 2021 suggests a test of the level of 2610. Further, it is expected to continue falling to the area below the 2090 level. The conservative sales area is located near the 2620 area. The cancellation of the fall of the cryptocurrency will be the breakdown of the level of 2800. In this case, we should expect continued growth.