There was a striking development about gold prices. While high blood pressure continued in gold and crypto markets, the warnings of the financial analyst İslam Memiş attracted attention to investors. This week offers important opportunities for both Gold and Bitcoin.
Bitcoin saw the summit for 112 thousand dollars
The flagship of crypto currencies Bitcoin has exceeded $ 112,000 and reached its highest level in its history. Islam Memiş stated that this rise confirms expectations and that the level of 120,000 to 140,000 dollars is still target for 2025.
“The most challenging period is left behind. Global trade wars may continue, but Bitcoin will maintain its power in the long run,” he said.
Support Level increased to 104,500 dollars
Bitcoin has previously come to the fore for $ 100,000 support level, while Memiş said that this base has now increased to 104,500 dollars. “Under 100 thousand dollars is difficult, it does not surprise 120 thousand,” he commented.
Decreases under grams may have an opportunity to buy
There are significant developments on the gold side. Gram gold declined to 4.241 TL levels, attractive purchasing opportunities for investors occurred. “Gram Gram Gold may remain in the 4,250-4,300 band in the short term, but my target of 4,500 TL is valid at the end of the year,” he said.
