- This article presents the opinion of a well-known analyst in the Turkish market. Kamila Uray.
- In her opinion, the current rise of Bitcoin to $81,000 is not a reason to fall into euphoria; the main bull market is ahead.
May 14 thanks positive events around the CLARITY bill Bitcoin price has broken through the $81,000 mark. This small success revived talk of the beginning of a new parabolic phase.
As part of the “Expert Opinion” section, we studied theses Turkish analyst Kamila Uray, who analyzes whether the current growth is organic or another “bull trap.”
Based on Kamila Uray’s analysis, we can identify key aspects that will determine market movement over the next 12-18 months.
One of Uray’s key points is that the market always follows the path of greatest resistance for the majority. The return to $81,000 after the CLARITY news is seen by many as a buy signal, but this is precisely where the danger lies. We are currently witnessing a phase that can be described as the “Great Exhaustion.” While retail investors are expecting instant “tenfold” returns after the halving, institutional investors and “whales” are quietly increasing their positions.
Patience isn’t just waiting; it’s maintaining the right mindset while you wait. The market tests your nerves before testing your goals. Current corrections aren’t the end of a cycle, but a necessary “cleansing” of the structure from excessive leverage. wrote To Camille.
In his publications, Uray notes that Bitcoin has ceased to be an isolated asset. Today, its dynamics are closely correlated with global liquidity and Federal Reserve policy. Legislative initiatives such as the CLARITY bill only confirm the trend toward integration into the legal system.
Along with this, she noticed that the cycles were becoming longer in time, but more intense in amplitude:
Cycles change because the composition of participants changes. We are no longer in 2017, when the market was driven solely by hype.
The breaking of historical highs before the halving marked the point of no return, disrupting the traditional model of expectations. It created the illusion that “it’s all over,” although in reality, the main capital influx was still to come.
Don’t let short-term fluctuations distract you from the long-term trend, warned Uray.
According to Kamila Uray’s analysis, monitoring weekly and monthly closes is crucial. Support levels that once seemed unshakable can be tested, triggering panic. However, it is precisely at moments of maximum fear that true entry points emerge.
The optimistic scenario, in her opinion, will materialize if the macroeconomic situation stabilizes, facilitated by the clear “rules of the game” established in CLARITY. Then, BTC could touch levels above $100,000, but this path will be full of “black swans” and corrections of 20-30%.
Kamila Uray’s publications suggest that the cryptocurrency market is entering a stage of maturity, and a trader’s success in this cycle will depend not on the speed of hitting the “Buy” button, but on the ability to remain calm when the fear index is off the charts. There’s no point in getting euphoric when the price reaches $81,000.
We are at a unique historical moment where the adoption of Bitcoin through ETF According to Kamile, the development of institutional products is changing the very nature of the asset. However, people’s psychology remains the same, and this is precisely what major players will exploit.
Risk Warning:
The information on this website is for informational and educational purposes only and does not constitute investment advice or financial recommendations. Cryptocurrencies and digital assets carry a high level of risk, including possible loss of capital. The editors are not responsible for decisions made based on the published materials. It is recommended that you conduct your own research (DYOR) before making investment decisions. Read the editorial policy. https://happycoin.club/about/