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Gold and Money Markets Specialist Islam Memiş, who predicted the fall in the price of gold and the depreciation of cryptocurrencies such as Bitcoin, came to the fore with his new predictions. Kriptokoin.com We provide the details…

The Gold and Money Markets Expert warned about the price of Bitcoin

Islam Memiş, who correctly predicted that grams of gold exceeding the lira will fall, claimed that the crypto money decline experienced today will also be seen. In a tweet he sent today, the expert stated that he made the “fall warning around $ 49,000-50,000” and said to crypto money investors, “We will not be sad, I hope”. As we reported, today, Bitcoin (BTC) has experienced a $4,000 drop from $46,000 to around $42,000.

Drawing attention to the factors in the decline of cryptocurrencies, Islam Memiş claimed that there was a “new earthquake” in the crypto money markets, and after the Fed gave the signal that it could increase interest rates as early as March, Bitcoin and pointed out that altcoins are experiencing a collapse. On the other hand, he emphasized that the tendency of central banks to tighten monetary policy also affected this area. At the time of writing, Bitcoin is changing hands at $42,983.

Continuing his comments on the market, Islam Memiş touched upon the auto market after his tweets above, implying that it is the next sector that he thinks will decline after cryptos. The expert said, “What’s next? Good news for those who will buy vehicles, there is a stake for those who stock up. I think he will be under the control of opportunists,” he said.


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