BTC ANALYSIS and TURKISH LIRA 🔈

BTC ANALYSIS ⚠️

There is BTC 70.200 resistance, the market will relax after this point is exceeded. The resistance must be broken before Sunday, otherwise we may see 66,800 levels on Sunday. The reason for this is that we may see both re-support and withdrawal due to the lack of volume on Sundays.

Coming to the altcoin rally, while BTC DOM is currently at these levels under 55, spot Eth

If approved, the rally begins.

Turkish lira ⚠️

Fitch rating agency's positive credit rating increased confidence in the Turkish lira.

If we look at the dollar-TL basis, if the central bank had not purchased dollars to increase the reserves, we could see the dollar at 25 TL. However, the rapid decline of the dollar is not a good thing; it puts exporters in a difficult situation and exports decrease. It is always better for the dollar to remain stable. This is also done by the Ministry of Treasury. The tourism season will further increase the dollar reserves.