Cryptocurrencies, which managed to attract the attention of all investors by breaking big records in 2021, had a bad start in 2022 with the decline that began at the end of the year. Bitcoin, which broke the all-time high by seeing the $ 67,778 limit in 2021, fell after this increase on November 9th.
The first sign of the fall of Bitcoin, which experienced a sharp decline, was the announcement that many countries, including Turkey, would prepare a cryptocurrency law, with the audit statement made by many central banks, especially the Fed. Bitcoin began to fall when it was even rumored that cryptocurrencies would be banned in the markets.
INCREASE IN FEDER INTEREST, ECONOMIC CRISIS, HIGH INFLATION AND CRISIS IN BREAKED UKRAINE!
The high inflation shock and the Fed’s statements that interest rates would rise were effective in lowering cryptocurrencies. Even though Bitcoin fell below $ 40,000, occasional recovery purchases were always interrupted by negative news flows. There was a new development in the process and the outbreak of the Ukrainian war. With Russia’s entry into Ukraine, bitcoin fell below $ 35,000 in the morning.
After overcoming the first shock wave after the fall, bitcoin bounced back a bit and managed to launch just above the $ 35,000 limit.
WHAT HAPPENS TO BITCOIN, WILL IT RECOVER, GO UP AGAIN, WILL THE NUMBERS OF 40 – 50 – 60 THOUSAND DOLLARS RETURN?
Cryptocurrency specialist Tuna Kaya, who participated in the live broadcast of a private television channel, assessed the impact of the Ukraine-Russia war on cryptocurrencies. Stating that the tension in the region has been going on for a long time, Kaya said: “The tension in the region could lead to a world war that could last 4 years with the worst case scenario.
The decline in tourist income and the current tension in Russia will put pressure on the dollar / TL. In terms of dollars, I am expecting between 15 and 16 TL in case this voltage environment continues. The market was already priced above $ 17. The target gram of gold now becomes 1,000 TL. If the war continues, even the 1,400 TL level can be seen in 4 gold.
For Bitcoin, I said it would be $ 73,000 in June. “I think the cryptocurrencies will come back to the table and eventually go up again,” he said.
NOTE: The information contained herein has been compiled from statements made by those individuals, and Emlak365.com has not provided any investment advice. This information cannot be considered as investment advice.