bullish

Jerome Powell

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-reaches-65000-in-futures-trading/" data-wpel-link="internal">Bitcoin Price Reaches $65,000 in Futures Trading</a><br></p>
<p style="text-align: justify">Today in the early morning, <a href="https://en.coin-turk.com/bitcoin-sees-significant-growth-in-2024-2/" data-wpel-link="internal">Bitcoin</a> price reached $65,000 in futures trading, reflecting a bullish momentum once again. On the other hand, the famous Bitcoin maximalist and CEO of JAN3, a company focused on helping governments adopt BTC, Samson Mow, made significant statements about Bitcoin and drew attention. His statements about Bitcoin price on X caused a great stir.</p> 
<h2 style="text-align: justify" id="when-will-btc-sales-end">When Will BTC Sales End?</h2> 
<p style="text-align: justify">Mow shared his views on the current state of BTC price movement and said that the $100,000 price level (as indicated in his tweet below as 0.01 million dollars) is expected to be a significant level for the end of the “Bitcoin sale” currently happening in the market. He said:</p> 
<blockquote> 
 <p>Any price below 0.1 million dollars is still #Bitcoin on sale.</p> 
</blockquote> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-382927" src="https://coin-turk.com/wp-content/uploads/2024/08/btc-btc-1-dolar-coin-turk-com.png" alt="" width="493" height="122"></p> 
<p style="text-align: justify">Mow holds the view that Bitcoin, which is indisputably at the top of cryptocurrencies, will surpass the $1 million level in the <a href="https://newslinker.co/what-are-the-future-technologies/" target="_blank" rel="noopener" data-wpel-link="exclude">future</a> and believes this will happen within a year from this summer, as he shared in a tweet recently.</p> 
<p style="text-align: justify">Earlier this week, Mow shared the categories of people most likely to invest in Bitcoin as a risk-free asset. He commented that these people are “those who understand money” and people living in countries suffering from inflation and oppressive regimes.</p> 
<h2 style="text-align: justify" id="how-much-is-1-bitcoin-in-tl">How Much is 1 Bitcoin in TL?</h2> 
<p style="text-align: justify">On Friday, August 23, Bitcoin hosted a noticeable rise. It was observed that the price increased by over 6% and jumped from the $60,700 level to reach the $64,950 region. After a slight pullback, BTC fell a bit and continues to find buyers at the $64,230 level.</p> 
<p style="text-align: justify">There were significant reasons behind the large increase in Bitcoin price. The price movement started in full swing after Fed Chairman Jerome Powell made a statement about “the time has come” for a rate cut. This was interpreted as the Fed being determined to start lowering <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">interest rates</a> after more than a year.</p> 
<p style="text-align: justify">However, according to information shared by the Wall Street Journal, this situation will be shaped based on the risk balance in the US economy.</p> 
<p style="text-align: justify">Finally, looking at the BTC/TRY pair, it was observed that the price increased by 0.47% to reach 2,189,663 TL.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-price-reaches-65000-in-futures-trading/" data-wpel-link="internal">Bitcoin Price Reaches $65,000 in Futures Trading</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-price-reaches-65000-in-futures-trading/" data-wpel-link="internal">Bitcoin Price Reaches $65,000 in Futures Trading</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Bitcoin Price Reaches $65,000 in Futures Trading

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