Popular Turkish cryptocurrency In his latest post, analyst Crypto Poyraz pointed out the Tweet he sent on November 21, 2022.
In the analyst’s post at the time, Bitcoin When the price was $ 15,600, it seems that he said that the bear season is now over and the transition to bull mode has begun. When the chart is examined, it is observed that the BTC price has indeed bottomed in the specified range and has never dropped to the same level again until today.
On November 21, 2022 #bitcoin The tweet I sent with a price of 15600.
I said the season is back.
That day the bear ended
https://t.co/vG7pKedYwU
— KRYPTO POYRAZ (@Kripto_Poyraz) November 4, 2023
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However, in other recent posts by the analyst, he also talked about the expected Bitcoin halving. According to Crypto Poyraz, a very large dump may occur in the close weeks before the halving or in the first two weeks after it, instead of the expected pump. The analyst expects a “sell the news” event to occur. The analyst argues that the real big bull will begin after the dump experienced during the halving period.
Someone wants to focus on us on the remaining days of Bitcoin halving. 200 to go 199 to go …..
Contrary to expectations, I expect a very large dump in the weeks before the halving or the first two weeks after the halving period.
They will turn everyone upside down.
The real big bull then…
— KRYPTO POYRAZ (@Kripto_Poyraz) November 2, 2023
In addition, Crypto Poyraz thinks that the critical point for the Bitcoin price is $ 35,000. According to the analyst, current geopolitical events may increase volatility in BTC and put users who prefer to trade in futures in trouble.
Attention please
FOMO
We have entered the most critical area. There are very strong buyers and sellers at 35K and above. This is the threshold. Volume is still low relative to price.
The Palestinian crisis is growing. Let’s not skip this topic. A negative statement that may come today or tomorrow may lead to a new war front crisis…
— KRYPTO POYRAZ (@Kripto_Poyraz) November 2, 2023
*This is not investment advice.
Source: Bitcoinsistemi.com