Bitcoin (and Gold) in Turkey

Bitcoin (and Gold) in Turkey

Disclaimer: Your capital is at risk. This is not investment advice.

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This issue covers ByteTrend, Ethereum (ETH), THORChain (RUNE), Chainlink (LINK), and crypto adoption in Turkey.

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

Source: Bloomberg

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.

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”!

Movers