{"id":104336,"date":"2023-02-08T09:23:00","date_gmt":"2023-02-08T09:23:00","guid":{"rendered":"https:\/\/cryptonews.com\/tr\/?p=104336"},"modified":"2023-06-26T11:13:23","modified_gmt":"2023-06-26T11:13:23","slug":"bitcoin-yatirimcilari-karliliga-geri-dondu-bu-ayi-piyasasinin-yavasca-bittigi-anlamina-mi-geliyor","status":"publish","type":"post","link":"https:\/\/cryptonews.com\/tr\/news\/bitcoin-yatirimcilari-karliliga-geri-dondu-bu-ayi-piyasasinin-yavasca-bittigi-anlamina-mi-geliyor\/","title":{"rendered":"Bitcoin Yat\u0131r\u0131mc\u0131lar\u0131 K\u00e2rl\u0131l\u0131\u011fa Geri D\u00f6nd\u00fc &#8211; Bu, Ay\u0131 Piyasas\u0131n\u0131n Yava\u015f\u00e7a Bitti\u011fi Anlam\u0131na m\u0131 Geliyor?"},"content":{"rendered":"<figure class=\"image\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/news\/104306\/255762\/bitocin-2.jpeg\" alt=\"\" srcset=\"https:\/\/cimg.co\/news\/104306\/255762\/responsive-images\/bitocin-2___media_library_original_6016_4016.jpeg 6016w, https:\/\/cimg.co\/news\/104306\/255762\/responsive-images\/bitocin-2___media_library_original_1200_801.jpeg 1200w, https:\/\/cimg.co\/news\/104306\/255762\/responsive-images\/bitocin-2___media_library_original_900_601.jpeg 900w, https:\/\/cimg.co\/news\/104306\/255762\/responsive-images\/bitocin-2___media_library_original_720_481.jpeg 720w, https:\/\/cimg.co\/news\/104306\/255762\/responsive-images\/bitocin-2___media_library_original_600_401.jpeg 600w, https:\/\/cimg.co\/news\/104306\/255762\/responsive-images\/bitocin-2___media_library_original_300_200.jpeg 300w\" sizes=\"100vw\" width=\"6016\" class=\"content-img\"><figcaption>Bitcoinler. Kaynak: Adobe<\/figcaption><\/figure><p>Kripto analitik firmas&#305; Glassnode, haftal&#305;k on-chain haber b&uuml;lteninde, bir ayl&#305;k patlay&#305;c&#305; y&uuml;kseli&#351;in ard&#305;ndan, bitcoin i&#351;lemlerinin karl&#305;l&#305;&#287;a d&ouml;n&uuml;&#351;t&uuml;&#287;&uuml;n&uuml; a&ccedil;&#305;klad&#305;.<\/p><p>Bu k&acirc;rl&#305;l&#305;&#287;a d&ouml;n&uuml;&#351;, Glassnode&#8217;un Ger&ccedil;ekle&#351;mi&#351; K&acirc;r\/Zarar Oran&#305; g&ouml;stergesinin 7 G&uuml;nl&uuml;k &Uuml;stel Hareketli Ortalamas&#305; (EMA) arac&#305;l&#305;&#287;&#305;yla temsil ediliyor. Glassnode, grafi&#287;e at&#305;fta bulunarak, &#8220;Nisan 2022 &ccedil;&#305;k&#305;&#351; likidite olay&#305;ndan bu yana ilk s&uuml;rd&uuml;r&uuml;lebilir karl&#305;l&#305;k d&ouml;nemini g&ouml;zlemleyebiliriz, bu da karl&#305;l&#305;k rejiminde bir de&#287;i&#351;ikli&#287;in ilk i&#351;aretlerini g&ouml;steriyor&#8221; diyor.<\/p><figure class=\"image\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/p\/no_image.svg\" alt=\"glasnode verileri\" sizes=\"100vw\" width=\"1600\" class=\"content-img lazyload\" data-src=\"https:\/\/cimg.co\/news\/104306\/255763\/glassnode-1.jpg\" data-srcset=\"https:\/\/cimg.co\/news\/104306\/255763\/responsive-images\/glassnode-1___media_library_original_1600_922.jpg 1600w, https:\/\/cimg.co\/news\/104306\/255763\/responsive-images\/glassnode-1___media_library_original_1200_692.jpg 1200w, https:\/\/cimg.co\/news\/104306\/255763\/responsive-images\/glassnode-1___media_library_original_900_519.jpg 900w, https:\/\/cimg.co\/news\/104306\/255763\/responsive-images\/glassnode-1___media_library_original_720_415.jpg 720w, https:\/\/cimg.co\/news\/104306\/255763\/responsive-images\/glassnode-1___media_library_original_600_346.jpg 600w, https:\/\/cimg.co\/news\/104306\/255763\/responsive-images\/glassnode-1___media_library_original_300_173.jpg 300w\"><\/figure><p>Glassnode&#8217;a g&ouml;re Ger&ccedil;ekle&#351;en Kar\/Zarar Oran&#305; (7 G&uuml;nl&uuml;k EMA), fiyatlar mevcut seviyelerdeyken 1.0&#8217;&#305;n alt&#305;na d&uuml;&#351;erse, bu, yat&#305;r&#305;m yapan yat&#305;r&#305;mc&#305;lar&#305;n kripto paralar&#305;n&#305; daha y&uuml;ksek maliyetle ald&#305;&#287;&#305; anlam&#305;na geliyor.<\/p><h2><strong>Ger&ccedil;ekle&#351;memi&#351; Karl&#305;l&#305;k &#304;vmesi Kilit Noktaya Yakla&#351;&#305;yor<\/strong><\/h2><span class=\"replacer\"><\/span><p>Glassnode ayr&#305;ca benzer bir noktaya i&#351;aret eden ikinci bir g&ouml;stergeyi de vurguluyor. Glassnode&#8217;un Net Ger&ccedil;ekle&#351;memi&#351; K&acirc;r\/Zarar Oran&#305; (NUPL), &#8220;son rallinin Bitcoin&#8217;in spot fiyat&#305;n&#305; daha geni&#351; pazar&#305;n ortalama sat&#305;n alma fiyat&#305;n&#305;n &uuml;zerine &ccedil;&#305;kard&#305;&#287;&#305;n&#305; g&ouml;steriyor&#8221; diye g&ouml;zlemliyorlar. &#8220;Bu piyasay&#305;, ortalama sat&#305;n alanlar&#305;n ye&#351;ile d&ouml;nd&uuml;&#287;&uuml; bir ger&ccedil;ekle&#351;memi&#351; k&acirc;r rejimine geri getiriyor&#8221;.<\/p><figure class=\"image\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/p\/no_image.svg\" alt=\"\" sizes=\"100vw\" width=\"1600\" class=\"content-img lazyload\" data-src=\"https:\/\/cimg.co\/news\/104306\/255766\/glassnode-2.jpg\" data-srcset=\"https:\/\/cimg.co\/news\/104306\/255766\/responsive-images\/glassnode-2___media_library_original_1600_922.jpg 1600w, https:\/\/cimg.co\/news\/104306\/255766\/responsive-images\/glassnode-2___media_library_original_1200_692.jpg 1200w, https:\/\/cimg.co\/news\/104306\/255766\/responsive-images\/glassnode-2___media_library_original_900_519.jpg 900w, https:\/\/cimg.co\/news\/104306\/255766\/responsive-images\/glassnode-2___media_library_original_720_415.jpg 720w, https:\/\/cimg.co\/news\/104306\/255766\/responsive-images\/glassnode-2___media_library_original_600_346.jpg 600w, https:\/\/cimg.co\/news\/104306\/255766\/responsive-images\/glassnode-2___media_library_original_300_173.jpg 300w\"><\/figure><p>Glassnode, son piyasa d&ouml;ng&uuml;s&uuml; hareketi ile NUPL&#8217;nin uzun s&uuml;re negatif oldu&#287;u ge&ccedil;mi&#351; ay&#305; piyasas&#305; d&ouml;nemleri aras&#305;ndaki tarihi benzerliklere dikkat &ccedil;ekiyor. Mevcut d&ouml;ng&uuml;, NUPL&#8217;nin 166 g&uuml;n boyunca negatife d&ouml;nd&uuml;&#287;&uuml;n&uuml;, 2011-12&#8217;de 157 g&uuml;n ve 2018-19&#8217;da 134 g&uuml;n negatif oldu&#287;unu g&ouml;rd&uuml;. Ancak bu, NUPL&#8217;nin &ouml;nemli &ouml;l&ccedil;&uuml;de daha uzun s&uuml;re negatif kalamayaca&#287;&#305; anlam&#305;na gelmez &#8211; 2015-16&#8217;da 301 g&uuml;n boyunca negatifti.<\/p><p><img decoding=\"async\" src=\"https:\/\/cimg.co\/p\/no_image.svg\" alt=\"\" sizes=\"100vw\" width=\"1600\" class=\"content-img lazyload\" data-src=\"https:\/\/cimg.co\/news\/104306\/255765\/glassnode-3.jpg\" data-srcset=\"https:\/\/cimg.co\/news\/104306\/255765\/responsive-images\/glassnode-3___media_library_original_1600_922.jpg 1600w, https:\/\/cimg.co\/news\/104306\/255765\/responsive-images\/glassnode-3___media_library_original_1200_692.jpg 1200w, https:\/\/cimg.co\/news\/104306\/255765\/responsive-images\/glassnode-3___media_library_original_900_519.jpg 900w, https:\/\/cimg.co\/news\/104306\/255765\/responsive-images\/glassnode-3___media_library_original_720_415.jpg 720w, https:\/\/cimg.co\/news\/104306\/255765\/responsive-images\/glassnode-3___media_library_original_600_346.jpg 600w, https:\/\/cimg.co\/news\/104306\/255765\/responsive-images\/glassnode-3___media_library_original_300_173.jpg 300w\"><\/p><p>Kripto analitik firmas&#305;na g&ouml;re, &#8220;bu momentum metri&#287;i &#351;u anda denge k&#305;r&#305;lma noktas&#305;na yakla&#351;&#305;yor ve 2015 ve 2018 ay&#305; piyasas&#305; y&#305;llar&#305;ndaki toparlanmalarla benzerlik ta&#351;&#305;yor&#8221;. Glassnode, &#8220;bu denge noktas&#305;n&#305;n &uuml;zerindeki do&#287;rulanm&#305;&#351; k&#305;r&#305;lmalar, tarihsel olarak makro pazar yap&#305;s&#305;ndaki bir ge&ccedil;i&#351;le ayn&#305; zamana denk geldi&#8221; diye ekliyor.<\/p><h2><strong>HODLer Hakimiyeti Soluyor, Kapit&uuml;lasyon A&#351;amas&#305; Bitiyor<\/strong><\/h2><span class=\"replacer\"><\/span><p>Bitcoin&#8217;in fiyat&#305;ndaki son toparlanma ve <a href=\"https:\/\/cryptonews.com\/tr\/coins\/bitcoin\/\">Bitcoin<\/a> pazar&#305;n&#305;n &ccedil;o&#287;unluk i&ccedil;in karl&#305;l&#305;&#287;a geri d&ouml;n&uuml;&#351;, Bitcoin HOLDer&#8217;lar&#305;n&#305;n hakimiyetinde k&uuml;&ccedil;&uuml;k ama anlaml&#305; bir d&uuml;&#351;&uuml;&#351;le ayn&#305; zamana denk geldi. Bu, Glassnode&#8217;un en son &uuml;&ccedil; ay&#305;n en d&uuml;&#351;&uuml;k seviyelerinden daha az hareket eden Bitcoin&#8217;lerin y&uuml;zdesini g&ouml;steren ve son zamanlarda 2022 sonundaki d&uuml;&#351;&uuml;k seviyelerden yakla&#351;&#305;k y&uuml;zde 12&#8217;ye kadar birka&ccedil; y&uuml;zde toparlanan <strong>Ger&ccedil;ekle&#351;tirilmi&#351; De&#287;er HODL Dalgas&#305;<\/strong> grafi&#287;i arac&#305;l&#305;&#287;&#305;yla g&ouml;sterilebilir.<\/p><p>Bitcoin bo&#287;a piyasalar&#305; tipik olarak &#8220;gen&ccedil;&#8221; Bitcoin&#8217;lerin (yani HODLer&#8217;lardan yeni yat&#305;r&#305;mc&#305;lar taraf&#305;ndan sat&#305;n al&#305;nan kripto paralar) hakimiyetindeki art&#305;&#351;la karakterize edilirken, Bitcoin ay&#305; piyasalar&#305;, bir s&uuml;redir hareket etmeyen kripto paralar&#305;n y&uuml;zdesindeki hakimiyet art&#305;&#351;&#305; ile karakterize edilir. Glassnode, dip noktalardan son s&#305;&ccedil;ramaya at&#305;fta bulunarak, &#8220;bu k&#305;r&#305;lma noktas&#305;n&#305;n derinli&#287;inin tarihsel &ouml;nceli&#287;e &ccedil;ok uygun oldu&#287;unu&#8221; belirtiyor.<\/p><figure class=\"image\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/p\/no_image.svg\" alt=\"\" sizes=\"100vw\" width=\"1600\" class=\"content-img lazyload\" data-src=\"https:\/\/cimg.co\/news\/104306\/255767\/glassnode-4.jpg\" data-srcset=\"https:\/\/cimg.co\/news\/104306\/255767\/responsive-images\/glassnode-4___media_library_original_1600_921.jpg 1600w, https:\/\/cimg.co\/news\/104306\/255767\/responsive-images\/glassnode-4___media_library_original_1200_691.jpg 1200w, https:\/\/cimg.co\/news\/104306\/255767\/responsive-images\/glassnode-4___media_library_original_900_518.jpg 900w, https:\/\/cimg.co\/news\/104306\/255767\/responsive-images\/glassnode-4___media_library_original_720_414.jpg 720w, https:\/\/cimg.co\/news\/104306\/255767\/responsive-images\/glassnode-4___media_library_original_600_345.jpg 600w, https:\/\/cimg.co\/news\/104306\/255767\/responsive-images\/glassnode-4___media_library_original_300_173.jpg 300w\"><\/figure><p>Glassnode, Ger&ccedil;ekle&#351;en HODL Oran&#305; ad&#305; verilen biraz daha bilgilendirici bir g&ouml;sterge sunmaya devam ediyor. &#8220;Bu metrik, 1 haftal&#305;k ve 1-2 y&#305;ll&#305;k kripto paralar aras&#305;nda tutulan bu varl&#305;k dengesini kar&#351;&#305;la&#351;t&#305;rarak makro &ouml;l&ccedil;ekli bir osilat&ouml;r &uuml;retiyor&#8221; diye a&ccedil;&#305;kl&#305;yor ve &#8220;daha y&uuml;ksek de&#287;erler, yeni al&#305;c&#305;lar ve spek&uuml;lat&ouml;rler taraf&#305;ndan tutulan orant&#305;s&#305;z bir varl&#305;&#287;&#305; g&ouml;steriyor&#8221; ve &#8220;d&uuml;&#351;&uuml;k de&#287;erler, uzun vadeli, daha y&uuml;ksek inan&ccedil;l&#305; HODLers taraf&#305;ndan tutulan orant&#305;s&#305;z bir varl&#305;&#287;a i&#351;aret ediyor &rdquo;.<\/p><figure class=\"image\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/p\/no_image.svg\" alt=\"\" sizes=\"100vw\" width=\"1600\" class=\"content-img lazyload\" data-src=\"https:\/\/cimg.co\/news\/104306\/255768\/glassnode-5.jpg\" data-srcset=\"https:\/\/cimg.co\/news\/104306\/255768\/responsive-images\/glassnode-5___media_library_original_1600_922.jpg 1600w, https:\/\/cimg.co\/news\/104306\/255768\/responsive-images\/glassnode-5___media_library_original_1200_692.jpg 1200w, https:\/\/cimg.co\/news\/104306\/255768\/responsive-images\/glassnode-5___media_library_original_900_519.jpg 900w, https:\/\/cimg.co\/news\/104306\/255768\/responsive-images\/glassnode-5___media_library_original_720_415.jpg 720w, https:\/\/cimg.co\/news\/104306\/255768\/responsive-images\/glassnode-5___media_library_original_600_346.jpg 600w, https:\/\/cimg.co\/news\/104306\/255768\/responsive-images\/glassnode-5___media_library_original_300_173.jpg 300w\"><\/figure><p>Kripto analitik firmas&#305;, Ger&ccedil;ekle&#351;en HODL Oran&#305;n&#305;n &#351;u anda dip olu&#351;turan bir model ya&#351;ad&#305;&#287;&#305;n&#305; g&ouml;zlemliyor ve bu da HODLer&#8217;lardan yeni yat&#305;r&#305;mc&#305;lara net bir varl&#305;k aktar&#305;m&#305; oldu&#287;unu g&ouml;steriyor.<\/p><p><strong>&#304;lginizi &ccedil;ekebilir:<\/strong><\/p><p><a href=\"https:\/\/cryptonews.com\/tr\/news\/turk-kripto-toplulugu-buyuk-afet-etrafinda-tek-yurek-kripto-bagisi-maslak-onayiyla-basladi\/\"><strong>T&uuml;rk Kripto Toplulu&#287;u B&uuml;y&uuml;k Afet Etraf&#305;nda Tek Y&uuml;rek Oldu: Kripto Ba&#287;&#305;&#351;&#305; MASAK Onay&#305;yla Ba&#351;lad&#305;<\/strong><\/a><\/p><p>____<br><strong>&#304;&#351; birli&#287;i ba&#287;lant&#305;lar&#305;m&#305;z&#305; takip edin:<\/strong><\/p><p>Yeni nesil ticaret platformu <a href=\"https:\/\/go.primexbt.com\/click?pid=396&amp;offer_id=12&amp;l=1570530943&amp;sub1=Turkish\"><strong>PrimeXBT<\/strong><\/a> ile kripto sat&#305;n al&#305;n<\/p><p>Kripto paralar&#305;n&#305;z&#305; <a href=\"https:\/\/shop.ledger.com\/products\/crypto-starter-pack?r=12b53b98a1c0&amp;tracker=CN-TR\"><strong>Ledger<\/strong><\/a> ve <a href=\"https:\/\/shop.trezor.io\/?offer_id=86&amp;aff_id=1814\"><strong>Trezor<\/strong><\/a> gibi c&uuml;zdanlarla g&uuml;venle saklay&#305;n<\/p><p><a href=\"https:\/\/go.nordvpn.net\/aff_c?offer_id=252&amp;aff_id=54152&amp;url_id=14818&amp;aff_sub=Turkey\"><strong>NordVPN<\/strong><\/a> ile kripto i&#351;lemlerinizi anonim hale getirin<\/p><p>&nbsp;<\/p><p>Son dakika haber ve geli&#351;melerden haberdar olmak i&ccedil;in bizi <a href=\"https:\/\/twitter.com\/cryptonews_tr\"><strong>Twitter<\/strong><\/a>, <a href=\"https:\/\/www.facebook.com\/cryptonewstr\"><strong>Facebook<\/strong><\/a>, <a href=\"https:\/\/www.instagram.com\/cryptonewsturkce\"><strong>Instagram<\/strong><\/a> ve <a href=\"https:\/\/t.me\/cryptonewsturkce\"><strong>Telegram<\/strong><\/a>&#8216;dan takip edin!<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoinler. Kaynak: AdobeKripto analitik firmas&#305; Glassnode, haftal&#305;k on-chain haber b&uuml;lteninde, bir ayl&#305;k patlay&#305;c&#305; y&uuml;kseli&#351;in ard&#305;ndan, bitcoin i&#351;lemlerinin karl&#305;l&#305;&#287;a d&ouml;n&uuml;&#351;t&uuml;&#287;&uuml;n&uuml; a&ccedil;&#305;klad&#305;.Bu k&acirc;rl&#305;l&#305;&#287;a d&ouml;n&uuml;&#351;, Glassnode&#8217;un Ger&ccedil;ekle&#351;mi&#351; K&acirc;r\/Zarar Oran&#305; g&ouml;stergesinin 7 G&uuml;nl&uuml;k &Uuml;stel Hareketli Ortalamas&#305; (EMA) arac&#305;l&#305;&#287;&#305;yla temsil ediliyor. Glassnode, grafi&#287;e at&#305;fta bulunarak, &#8220;Nisan 2022 &ccedil;&#305;k&#305;&#351; likidite olay&#305;ndan bu yana ilk s&uuml;rd&uuml;r&uuml;lebilir karl&#305;l&#305;k d&ouml;nemini g&ouml;zlemleyebiliriz, bu da karl&#305;l&#305;k [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,1],"tags":[],"editors":[],"sponsored_companies":[],"class_list":["post-104336","post","type-post","status-publish","format-standard","hentry","category-bitcoin-news","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Yat\u0131r\u0131mc\u0131lar\u0131 K\u00e2rl\u0131l\u0131\u011fa Geri D\u00f6nd\u00fc - Bu, Ay\u0131 Piyasas\u0131n\u0131n Yava\u015f\u00e7a Bitti\u011fi Anlam\u0131na m\u0131 Geliyor?<\/title>\n<meta name=\"description\" content=\"Kripto analitik firmas\u0131 Glassnode, haftal\u0131k on-chain haber b\u00fclteninde, bir ayl\u0131k patlay\u0131c\u0131 y\u00fckseli\u015fin ard\u0131ndan, bitcoin i\u015flemlerinin karl\u0131l\u0131\u011fa d\u00f6n\u00fc\u015ft\u00fc\u011f\u00fcn\u00fc a\u00e7\u0131klad\u0131.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.com\/tr\/news\/bitcoin-yatirimcilari-karliliga-geri-dondu-bu-ayi-piyasasinin-yavasca-bittigi-anlamina-mi-geliyor\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Yat\u0131r\u0131mc\u0131lar\u0131 K\u00e2rl\u0131l\u0131\u011fa Geri D\u00f6nd\u00fc - 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