Bitcoin (and Gold) in Turkey
![Bitcoin (and Gold) in Turkey](/content/images/size/w1200/2023/10/bytefolio-research-banner-1.jpg)
Disclaimer: Your capital is at risk. This is not investment advice.
Over the past year, Bitcoin is +42% while ETH is +22%, yet it is commonly perceived that alts are supposed to outperform when prices are rising. I am highly focused on risk management, and if something isn’t working, then I ask questions. Our analysts explain why ETH is a fabulous long-term project but, at the same time, is losing its spark as an investment.
Bitcoin and ETH
![](https://www.bytetree.com/content/images/2023/10/2023-10-09-bytefolio-78-1.png)
ByteTrend
If you haven’t already seen this, ByteTrend is now live on X.com (Twitter). This table was published at 04:31 AM and is automated.
![](https://www.bytetree.com/content/images/2023/10/2023-10-09-bytefolio-78-2.png)
The best bit is that the accompanying comment was also autogenerated, which explains what you are looking at.
XMR is in an uptrend and made a new high yesterday.
VRA is a new uptrend.
MBOX, DFI, DEP and 1 others are a new downtrend.
GODS, AR, QTF and 3 others are in an exisiting downtrend and made a new low.
It’s very exciting, but I wish our computers could spell “existing”!