While Bitcoin (BTC), the largest cryptocurrency with its market value, continues to decline, an expert widely followed in Turkey announced that he has purchased BTC. cryptocoin.com We are giving the details as…
Gold and Money Markets Specialist Announces Purchase of Bitcoin
Bitcoin has experienced a sharp decline for various reasons over the past two days and has seen its lowest levels in the last six months. While the cryptocurrency was changing hands around $43,000, it suddenly retreated to $38,000. This morning, the retracement deepened and BTC hit $35,101. Meanwhile, Gold and Money Markets Specialist Islam Memiş announced that he had purchased BTC. In his statements on his social media account, İslam Memiş stated that “$39,000 is not the second collapse, it is a pre-sale”. Also, “I now have Bitcoin in my cart. “I’m waiting for 50 percent,” he said.
The expert noted that he bought 50 percent at $38,900, but he set himself the condition of keeping this investment for one year. Many experts suggest various reasons as to what factors are behind the fall of BTC. The most prominent among these was the decline in stocks in the USA. Some pointed out that the correlation between BTC and exchanges is rising. Islam Memiş used the following statements about the decline:
Nation states will slap you! I’m sorry if you’re upset. There is no Fed effect behind BTC sales, there are nation states. This week and next week they’ll explain why. The 2nd crash will hurt a lot! Now they will give reaction bait.
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