After the start of the Russia-Ukraine war, cryptocurrencies, which experienced the real loss of value as investors turned to safe-haven assets, have been moving sideways for a while. While investors were waiting for the CBRT’s interest rate decision to be announced today, it was on the agenda that inflation figures in the USA broke a new record the other day. So what’s next? Market expert Tuna Kaya shared his forecasts for Shiba Inu (SHIB), Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH) and gold.
SHIB, BTC: What to expect?
Expert Tuna Kaya said that the reason behind Bitcoin’s lingering at the $40,000 level was that the markets could not follow a certain direction. However, he does not think that this is a bad event and argues that the longer Bitcoin lingers, the bigger the attack will be. Stating that the current level of $ 41,436 is the “buy level”, the expert stated that he maintains his expectation that BTC will rise to $ 73,000 in June.
Shiba Inu cryptocurrency logo displayed on a screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on June 29, 2021 (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images) On the other hand, evaluating the rise in the price of Shiba Inu (SHIB), Tuna Kaya claimed that SHIB will continue its attacks and may even “take a zero from its price”. As we reported as Kriptokoin.com, Shiba Inu has experienced a rise after being listed on the trading platform Robinhood. This uptrend continued with the start of the first land purchases in the metaverse called SHIB: The Metaverse yesterday morning. Kaya uses the following expressions for SHIB:
Land sales in Metaverse have started to be made through Shiba. We’ve seen the effect of that. There will be attacks on the Shiba, he can score a zero. This can happen during the year. However, investors should not invest heavily in such structures, they should make baskets.
What are the expectations for Ethereum Dogecoin and gold?
The analyst also conveyed his comments for Ethereum, the second largest cryptocurrency by market capitalization. According to Kaya, who says that ETH moves in parallel with BTC, the rise in ETH will be more lively and its momentum will increase towards June. The expert thinks $6,000-6,5000 can be seen. In Dogecoin, he points out Elon Musk’s interest in DOGE, saying that upward movements can be sustained.
Also conveying his thoughts on the gold market, Kaya claims that there is a “great manipulation” in this market. She suggests that horrific rises can be seen with the control of the markets. “High inflation will somehow also be priced in gold and silver. I don’t know the time. May the gold and silver investor rest in peace,” he says.
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