Analyst Who Predicted the Last Bottom in Bitcoin Reveals His Next Target
In his latest post, popular Turkish cryptocurrency analyst Kripto Poyraz pointed out the Tweet he sent on November 21, 2022.
In his post at that time, the analyst appears to have said that the bear season was over and the transition to bull mode had begun when the Bitcoin price was $15,600. When the chart is examined, it is observed that the BTC price has indeed bottomed in the specified range and has never fallen to the same level again until today.
21 Kasım 2022 de #bitcoin fiyatı 15600 de attığım twit.
Sezon döndü demiştim.
O gün ayı bitti 🦾 https://t.co/vG7pKedYwU
— KRİPTO POYRAZ (@Kripto_Poyraz) November 4, 2023
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.
Bitcoin halving kalan gün sayısına birileri bizi fokuslamak istiyor. 200 kaldı 199 kaldı …..
Halving öncesi yakın haftalar yada sonrası ilk iki hafta yani halving dönemi beklenenin aksine çok büyük bir dump bekliyorum.
Herkesi ters köşe yapacaklar.
Asıl büyük boğa o zaman…
— KRİPTO 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.
Lütfen Dikkat ⚠️ FOMO 🚨
En kritik alana girdik. 35K ve üzerinde çok güçlü alıcı ve satıcılar var. Eşik burası. Fiyata göre hacim halen düşük.
Filistin krizi büyüyor. Bu konuyu atlamayalım. Bugün ve yarın gelebilecek olumsuz bir açıklama yeni bir savaş cephesi krize yol…
— KRİPTO POYRAZ (@Kripto_Poyraz) November 2, 2023
*This is not investment advice.