Expectations that a war will break out between Russia and Ukraine have caused an upward move in the gold price in the past few days. As a result, ounce gold rose above $1,870 and gram gold over 800 lira. Meanwhile, Bitcoin and other cryptocurrencies are trading sideways. So, what will be the next move of these entities? cryptocoin.com We convey the comments of expert Tuna Kaya…
Tuna Kaya came to the fore with her golden interpretation
Tuna Kaya warned gold and crypto money investors. First of all, looking at the gold comments, Kaya suggests that gold is a “sleeping giant”. According to Kaya, an ounce of gold may reach the level of $ 3,000 in 2023. This equates to almost 1.5 times its current level. Kaya said that gram gold may settle in the range of 2,500 to 3,000 liras with the rise under ounces. He stated that the change in the dollar/TL rate will also be taken into account in this rise. As a result, she says, investors should hold tight to their gold.
What are the cryptocurrency forecasts?
Tuna pointed out that when it comes to the crypto money field, adoption by institutions has increased throughout 2021. He said that there are also decreases or rises in cryptocurrencies depending on the buying or selling of these large investors. Meanwhile, he says the cryptocurrency space is starting to prove itself globally, and he thinks this is a positive thing because of the “money inflow and volume” provided.
From an investment perspective, Kaya said he believed 2022 to be a transitional period and suggested that investors make baskets and keep 25 percent of their money in cash. He also touched upon the possibility of exiting profitable assets and increasing cash assets. He thinks there will be good opportunities for purchase in the future. Finally, he touched on the importance of the $41,000 level in Bitcoin and how it will protect it from further declines. He states that if $41,000 is lost, $33,000 will come to the fore. On the upside, he says $44,500 is important, if it is exceeded, $52,000 can be seen. He suggests that unless BTC hits $52,000, it will continue to idle.
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