<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:googleplay="http://www.google.com/schemas/play-podcasts/1.0"><channel><title><![CDATA[The Details]]></title><description><![CDATA[AI, Finans ve Bitcoin (kripto değil) trendlerini birlikte takip eden 22.500+ kişiye ÜCRETSİZ şimdi katıl!]]></description><link>https://details.buraktamac.com</link><image><url>https://substackcdn.com/image/fetch/$s_!c6ma!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb69ed663-5287-498e-ab37-1b0888b242a6_321x321.png</url><title>The Details</title><link>https://details.buraktamac.com</link></image><generator>Substack</generator><lastBuildDate>Wed, 20 May 2026 22:18:39 GMT</lastBuildDate><atom:link href="https://details.buraktamac.com/feed" rel="self" type="application/rss+xml"/><copyright><![CDATA[Burak Tamac]]></copyright><language><![CDATA[en]]></language><webMaster><![CDATA[mail@burak.ink]]></webMaster><itunes:owner><itunes:email><![CDATA[mail@burak.ink]]></itunes:email><itunes:name><![CDATA[Burak Tamaç]]></itunes:name></itunes:owner><itunes:author><![CDATA[Burak Tamaç]]></itunes:author><googleplay:owner><![CDATA[mail@burak.ink]]></googleplay:owner><googleplay:email><![CDATA[mail@burak.ink]]></googleplay:email><googleplay:author><![CDATA[Burak Tamaç]]></googleplay:author><itunes:block><![CDATA[Yes]]></itunes:block><item><title><![CDATA[Claude Code daha az token yakması için /ask tool]]></title><description><![CDATA[The Details #218]]></description><link>https://details.buraktamac.com/p/claude-code-daha-az-token-yakmas</link><guid isPermaLink="false">https://details.buraktamac.com/p/claude-code-daha-az-token-yakmas</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Wed, 06 May 2026 05:29:56 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!nkon!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p>A&#351;a&#287;&#305;daki post ile alakal&#305; &#8216;nas&#305;l yapaca&#287;&#305;z&#8217; sorusu &#231;ok fazla geldi.</p><p>Claude&#8217;a bir d&#246;k&#252;man haz&#305;rlatt&#305;m (&#128071;). Copy-paste ile Claude Code&#8217;a verin. O sizi baz&#305; sitelerden API almak i&#231;in y&#246;nelendirecek. Sonra kullan&#305;ma haz&#305;r hale gelecek.</p><p>&#9888;&#65039; Ama &#351;unu unutmay&#305;n:</p><p>Kendinize &#246;zel hale getirin. </p><p>Benim kullanma bi&#231;imim size gereksiz gelebilir. Bunun i&#231;in de Claude&#8217;a sorun &#8216;bu tool benim i&#231;in faydal&#305; m&#305;, de&#287;ilse nas&#305;l faydal&#305; hale getirir, birlikte tart&#305;&#351;al&#305;m&#8217; deyin.</p><p>Bunu yazmazsan&#305;z muhtemelen <strong>gereksiz ve i&#351;inize yaramayan</strong> bir tool olacak.</p><p>D&#252;&#351;&#252;nmeden yapt&#305;&#287;&#305;m&#305;z her aksiyonun faturas&#305;n&#305; fazla token yakarak &#246;d&#252;yoruz.</p><p><strong>Ad&#305;na neden &#8216;ask&#8217; koydum?</strong></p><p>&#199;&#252;nk&#252; yazmas&#305; kolay oluyor. Telefondan / kullan&#305;nca men&#252; &#231;&#305;kmad&#305;&#287;&#305; i&#231;in /ask yazmak &#231;ok basit. Elbette de&#287;i&#351;tirebilirsiniz.</p><p>Problem &#231;&#305;k&#305;nca ba&#351;ka bir session a&#231;arak Claude a problemi &#231;&#246;zemesini s&#246;yleyin.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!nkon!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!nkon!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png 424w, https://substackcdn.com/image/fetch/$s_!nkon!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png 848w, https://substackcdn.com/image/fetch/$s_!nkon!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png 1272w, https://substackcdn.com/image/fetch/$s_!nkon!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!nkon!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png" width="1022" height="938" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/d107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:938,&quot;width&quot;:1022,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:511706,&quot;alt&quot;:&quot;&quot;,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/195738085?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" title="" srcset="https://substackcdn.com/image/fetch/$s_!nkon!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png 424w, https://substackcdn.com/image/fetch/$s_!nkon!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png 848w, https://substackcdn.com/image/fetch/$s_!nkon!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png 1272w, https://substackcdn.com/image/fetch/$s_!nkon!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd107cc4e-a594-4f48-b6bc-457e7e372b2b_1022x938.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p></p><div class="highlighted_code_block" data-attrs="{&quot;language&quot;:&quot;plaintext&quot;,&quot;nodeId&quot;:&quot;701e9b4f-c750-4805-a3e7-a62f391555e1&quot;}" data-component-name="HighlightedCodeBlockToDOM"><pre class="shiki"><code class="language-plaintext"># /ask Tool Setup Guide

This document is everything you need to set up the `/ask` slash command in Claude Code. It runs 6 AI models in parallel (Codex, Opus 4.7, Grok, DeepSeek V4-Flash, Gemini, Kimi K2-0905) to review your code before you implement anything.

---

## What it does

When you type `/ask` in Claude Code, it:
1. Sends your question to 6 different AI models simultaneously
2. Each model reads your project files directly from disk using its own tools
3. Waits up to 240 seconds for all responses (fast group: 180s, slow group: 240s)
4. Synthesizes everything into one plain-English verdict: **LOOKS GOOD**, **CONCERNS**, or **BLOCKER**

---

## Prerequisites

You need 3 CLI tools and 4 API keys. Work through each section below.

---

## Step 1: Install Claude Code

If you don't have it yet:

```bash
npm install -g @anthropic-ai/claude-code
```

Verify:
```bash
claude --version
```

Opus 4.7 runs as one of the reviewers using your existing Claude Code authentication -- no extra API key needed.

---

## Step 2: Install Codex CLI and the OpenAI Codex plugin

Codex runs GPT-5.3-Codex (coding-optimized model, `--effort medium`) as one of the reviewers. `/ask` invokes Codex through the official **OpenAI Codex Claude Code plugin**, which wraps the Codex CLI in a Node.js companion runtime. The plugin solves an intermittent crash where direct `codex exec` calls in backgrounded subshells fail with `Error: No such file or directory (os error 2)` before Codex can even start.

You need both pieces: the CLI binary and the plugin wrapper.

**A. Install the Codex CLI**

```bash
npm install -g @openai/codex
```

Verify:
```bash
codex --version
```

You need an **OpenAI API key**. Get one at https://platform.openai.com/api-keys

Add to your shell profile (`~/.zshrc` or `~/.bashrc`):
```bash
export OPENAI_API_KEY="sk-..."
```

**B. Install the OpenAI Codex plugin in Claude Code**

Open Claude Code and run:

```
/plugin marketplace add openai-codex
/plugin install codex@openai-codex
```

Verify the plugin's companion script is present:
```bash
ls ~/.claude/plugins/marketplaces/openai-codex/plugins/codex/scripts/codex-companion.mjs
```

If the file exists, you're done. The plugin path is version-stable -- no separate config file is needed. Model and reasoning effort are passed as flags inside the `/ask` skill, so you do **not** need to create a Codex profile in `~/.codex/config.toml`.

---

## Step 3: Install grok-cli (Grok reviewer)

Grok runs via a local proxy on port 3098. Install globally:

```bash
npm install -g grok-cli
```

Verify it installed:
```bash
ls $(npm root -g)/grok-cli/proxy.js
```

You need an **xAI API key**. Get one at https://console.x.ai

Add to your shell profile:
```bash
export XAI_API_KEY="xai-..."
```

---

## Step 4: Install OpenCode CLI (Gemini and Kimi)

OpenCode provides agent tools (Read, Glob, Grep) to models that don't run natively in Claude Code.

```bash
npm install -g opencode-ai
```

Verify:
```bash
opencode --version
```

Minimum required version: **1.14.31**

You need two API keys for the OpenCode-based reviewers:

**Google AI** (for Gemini) -- get key at https://aistudio.google.com/apikey
```bash
export GOOGLE_GENERATIVE_AI_API_KEY="AIza..."
```

**OpenRouter** (for Kimi K2-0905) -- get key at https://openrouter.ai/keys
```bash
export OPENROUTER_API_KEY="sk-or-..."
```

---

## Step 5: Get a DeepSeek API key

DeepSeek V4-Flash runs natively (not via OpenRouter) through OpenCode.

Get your key at https://platform.deepseek.com/api_keys

Add to your shell profile:
```bash
export DEEPSEEK_API_KEY="sk-..."
```

Reload your shell:
```bash
source ~/.zshrc   # or source ~/.bashrc
```

---

## Step 6: Install the /ask skill

Create the commands directory if it doesn't exist:
```bash
mkdir -p ~/.claude/commands
```

Create the file `~/.claude/commands/ask.md` and paste the full skill content from the section at the bottom of this document.

---

## Step 7: Verify everything works

Run this checklist:

```bash
# 1. Codex CLI
codex --version

# 2. Codex plugin companion script exists
ls ~/.claude/plugins/marketplaces/openai-codex/plugins/codex/scripts/codex-companion.mjs

# 3. grok-cli proxy file exists
ls $(npm root -g)/grok-cli/proxy.js

# 4. opencode (must be &gt;= 1.14.31)
opencode --version

# 5. All API keys are set
echo "OPENAI:    ${OPENAI_API_KEY:0:8}..."
echo "XAI:       ${XAI_API_KEY:0:8}..."
echo "DEEPSEEK:  ${DEEPSEEK_API_KEY:0:8}..."
echo "GOOGLE:    ${GOOGLE_GENERATIVE_AI_API_KEY:0:8}..."
echo "OPENROUTER:${OPENROUTER_API_KEY:0:8}..."
```

If any key shows blank, re-check your shell profile and reload it.

---

## Step 8: Test it

Open Claude Code in any project directory and type:

```
/ask is this codebase well-structured?
```

You should see it launch all 6 models and return a synthesized verdict after ~30-240 seconds.

---

## Troubleshooting

| Problem | Fix |
|---------|-----|
| Grok always fails | Check `XAI_API_KEY` is set and `grok-cli` is installed globally via `npm install -g grok-cli` |
| Codex result is empty / `Cannot find module` | Plugin is missing. Run `/plugin install codex@openai-codex` inside Claude Code, then verify `ls ~/.claude/plugins/marketplaces/openai-codex/plugins/codex/scripts/codex-companion.mjs` |
| Codex result is empty / `os error 2` (rare) | Plugin path moved or partially installed. Reinstall via `/plugin` |
| Codex times out | Confirm the Codex CLI itself works: `codex --version`. The plugin uses it under the hood |
| DeepSeek times out | Ensure `DEEPSEEK_API_KEY` is set -- DeepSeek now runs natively, not via OpenRouter |
| Opus fails with auth error | Make sure you are logged in to Claude Code: run `claude` and complete auth |
| OpenCode not found | `npm install -g opencode-ai` then restart terminal |
| Gemini fails with auth error | Must be `GOOGLE_GENERATIVE_AI_API_KEY`, not `GEMINI_API_KEY` |
| Kimi times out | Check `OPENROUTER_API_KEY` is set; do not use kimi-k2.6 or kimi-k2.5 (they hang) |

If a model fails, `/ask` continues with the rest and notes which ones timed out.

---

## The skill file

Paste the contents below into `~/.claude/commands/ask.md`:

---

```markdown
---
description: Pre-implementation check via Codex (OpenAI), Opus 4.7 (Anthropic) with hands-on tools and xhigh thinking, Grok (xAI), DeepSeek V4-Flash, Gemini (Google), and Kimi (Moonshot) in parallel. Six independent models review your code for correctness, risks, and simpler alternatives. Use when: about to implement, need a second opinion, or want to verify a fix.
allowed-tools: Bash, Read, Write, Glob, Grep, Agent
argument-hint: [describe the problem, or leave blank to escalate current issue]
---

# /ask -- Six-Model Pre-Implementation Check (Token-Optimized)

## Step 0: Resolve topic and session

**Topic resolution (do this first):**

```
1. $ARGUMENTS has a substantive question?
   -&gt; Use it as the topic.

2. $ARGUMENTS is empty or vague ("this", "same", "^", etc.)?
   -&gt; Default question: "Confirm that the current implementation is robust and has no regression risk."
   -&gt; Use the most recent code change or discussion in the conversation as context.

3. Neither has a clear question?
   -&gt; Escalate the problem currently being worked on in the conversation, framed as a robustness + regression check.
```

```bash
SESSION_ID=$(openssl rand -hex 4)
# Temp file: /tmp/codex_result_${SESSION_ID}.txt
```

## Step 1: Detect environment and start Grok proxy

Codex model: `gpt-5.3-codex`, effort: `medium`.

Run once before calling any model.

```bash
GIT_TOPLEVEL=$(git rev-parse --show-toplevel 2&gt;/dev/null)
if [ -n "$GIT_TOPLEVEL" ]; then
  WORK_DIR="$GIT_TOPLEVEL"
  CODEX_GIT_FLAGS="-C $WORK_DIR"
else
  WORK_DIR=$(pwd)
  CODEX_GIT_FLAGS="--skip-git-repo-check"
fi
# WORK_DIR always resolves to the local directory on disk -- no push required.
# Inside a project repo (e.g. ~/dev/myproject/): WORK_DIR = git root, codex uses -C.
# Outside a repo (e.g. invoked from ~/dev/): WORK_DIR = cwd, codex uses --skip-git-repo-check
#   (Codex errors out if you combine -C with --skip-git-repo-check on a non-git dir --
#    its native cwd handling kicks in and lands in the right place).
# opencode uses --dir $OPENCODE_DIR (computed in Step 3g from START_HERE_PARENT, falls back to WORK_DIR).
```

These results determine which flags to use for Codex and opencode:
- Codex: use `$CODEX_GIT_FLAGS` (either `-C $WORK_DIR` or `-C $WORK_DIR --skip-git-repo-check`)
- opencode: use `--dir $OPENCODE_DIR` (set in Step 3g; equals `START_HERE_PARENT` when set, else `$WORK_DIR`)

### Start Grok proxy

First kill any leftover proxy from a previous run, then start a fresh one. Run this as a single Bash command (not `run_in_background`) -- it takes ~2 seconds and must complete before Step 3.

**Three guardrails** (all three must pass to emit `GROK_PROXY_OK`):
1. `XAI_API_KEY` must be set -- a port-bound proxy with an empty key still returns 401 at request time.
2. `grok-cli` must be found via `npm root -g` -- avoids a hardcoded path. (`require.resolve` is not used because it does not search global node_modules.)
3. A smoke request must return HTTP 200 -- port binding is not proof of working auth.

```bash
# Only kill a previous grok-cli proxy -- do NOT blanket-kill anything on port 3098
pkill -f "grok-cli/proxy\.js" 2&gt;/dev/null; sleep 0.5

if [ -z "$XAI_API_KEY" ]; then
  echo "GROK_PROXY_FAILED (XAI_API_KEY not set)"
else
  GROK_PROXY_JS="$(npm root -g 2&gt;/dev/null)/grok-cli/proxy.js"
  if [ ! -f "$GROK_PROXY_JS" ]; then
    echo "GROK_PROXY_FAILED (grok-cli not installed)"
  else
    node -e "
const { start } = require('$GROK_PROXY_JS');
start(3098, { key: process.env.XAI_API_KEY, baseUrl: 'https://api.x.ai' })
  .then(() =&gt; console.log('GROK_PROXY_READY'))
  .catch(err =&gt; { console.error(err); process.exit(1); });
" &amp;

    # Poll for port readiness instead of fixed sleep (max 3s at 200ms intervals)
    for i in $(seq 1 15); do
      nc -z localhost 3098 2&gt;/dev/null &amp;&amp; break
      sleep 0.2
    done
    SMOKE=$(curl -s --max-time 8 -o /dev/null -w "%{http_code}" -X POST \
      http://localhost:3098/v1/messages \
      -H "Content-Type: application/json" \
      -H "x-api-key: sk-ant-PLACEHOLDER" \
      -H "anthropic-version: 2023-06-01" \
      -d '{"model":"grok-4-1-fast-reasoning","max_tokens":1,"messages":[{"role":"user","content":"hi"}]}' \
      2&gt;/dev/null)
    case "$SMOKE" in
      200)      echo "GROK_PROXY_OK" ;;
      401|403)  echo "GROK_PROXY_FAILED (auth)" ;;
      *)        echo "GROK_PROXY_FAILED (http=$SMOKE)" ;;
    esac
  fi
fi
```

If the output contains `GROK_PROXY_FAILED`, skip Grok entirely per Rule 10 and proceed with the remaining models.

## Step 2: Build Claude's analysis block and START HERE list

Before calling the reviewers, prepare two things:

**1. Analysis block** -- based on your current understanding. Goes into every prompt so each model can confirm or challenge your thinking.

```
&lt;claudes_analysis&gt;
HYPOTHESIS: [your current best guess -- or "None -- requesting independent analysis" for cold calls]
ALREADY CHECKED: [files read, tests run, logs examined -- or "Nothing yet"]
CONCERNS: [things you're unsure about or that don't add up -- or "None"]
QUESTIONS: [specific things you want confirmed, challenged, or investigated -- or "General review"]
&lt;/claudes_analysis&gt;
```

A **cold call** is when /ask is invoked with no prior investigation in the conversation (e.g., user types `/ask is this approach sound?` with no preceding analysis). For cold calls, omit the `&lt;claudes_analysis&gt;` block entirely from prompts -- it adds no value and wastes tokens.

**2. START HERE block** -- a short list of file paths and line numbers you have identified as relevant to the question, derived from the current question and conversation context. Read or grep the codebase as needed to find exact paths before writing this block. Example:

```
START HERE (files Claude identified as relevant):
- ~/dev/myproject/pipeline/cache.py:142  -- the cache lookup function in question
- ~/dev/myproject/pipeline/intake.py:88  -- the caller that invokes it
- ~/dev/myproject/config/settings.py  -- env vars that control cache behavior
```

For cold calls with no identified files, write: `None identified -- explore freely from the question context.`

**Also compute `START_HERE_PARENT`** -- a single absolute directory path that contains every START HERE file. Step 3g uses this to set `--dir` for opencode (DeepSeek/Gemini/Kimi) so their unscoped `Grep` calls actually find the target files. Pick using these rules:
- All START HERE files inside `~/dev/&lt;project&gt;/` &#8594; `$HOME/dev/&lt;project&gt;` (the project root, same as `$WORK_DIR`).
- All START HERE files inside `~/.claude/` &#8594; `$HOME/.claude`.
- Mixed locations &#8594; use the deepest absolute path that is an ancestor of all START HERE files.
- Cold call (no START HERE files) &#8594; use `$WORK_DIR`.

**How to propagate the value into Step 3g:** Bash tool calls do NOT share environment between invocations. Each `Bash` call is a fresh shell. You MUST substitute the literal value into the Step 3g background script the same way you substitute `SESSION_ID` -- as a literal string at the top of the script, e.g., `START_HERE_PARENT="$HOME/.claude"`. Do not write `START_HERE_PARENT="$START_HERE_PARENT"` -- the outer shell variable does not exist in the background shell.

Why this matters: opencode's Grep tool scopes to `--dir` and silently fails when target files are outside that scope. With `--dir $HOME/dev`, `Grep "PATTERN"` returns 0 matches on files inside `~/.claude/`; with `--dir ~/.claude`, it returns the correct match. This fixes tool-budget exhaustion from futile grep calls.

**No Haiku context summarizer step.** All six reviewers have hands-on Read/Grep/Glob tools and read files from disk themselves. No pre-summarized inline context is generated.

## Step 3: Call Codex, Opus, Grok, DeepSeek, Gemini, and Kimi (in parallel)

Write all six prompt files first (synchronous -- Steps 3a-3f). Then launch all six reviewers inside **one single background bash script** (Step 3g). This fires exactly one harness notification when everything finishes, instead of six separate notifications.

All six models share the full review prompt below and read files from disk via their own tools. All six return the same structured output format.

### 3a: Codex prompt

Write the shared review prompt to a temp file. Passing the prompt directly on the command line risks shell expansion of backticks, `$VAR`, and embedded quotes from the user's question.

```bash
cat &gt; /tmp/codex_prompt_${SESSION_ID}.txt &lt;&lt; 'PROMPT_EOF'
[Full review prompt from "Shared full review prompt" in 3c, with the following block
appended immediately before REVIEW CHECKLIST:]

TURN BUDGET: Aim for ~20 tool calls or fewer. Once you have enough evidence to commit
to a verdict, stop reading and emit it -- don't keep exploring.
PROMPT_EOF
```

### 3b: Opus prompt

Opus runs as a CLI call, NOT as an Agent subagent. This avoids the overhead of spawning a full subagent conversation.

Opus reads files from disk via Read/Grep/Glob -- same as the other five reviewers. The prompt template is the shared review prompt from 3c.

```bash
cat &gt; /tmp/opus_prompt_${SESSION_ID}.txt &lt;&lt; 'PROMPT_EOF'
[Full review prompt from "Shared full review prompt" in 3c, with the following block
appended immediately before REVIEW CHECKLIST:]

TURN BUDGET (HARD STOP): You have a maximum of 7 tool calls total. After your 7th tool
call, stop reading immediately and emit VERDICT based on what you have. Do not open
another file.
PROMPT_EOF
```

**Why NOT `--bare`:** Your auth is likely OAuth (Claude Max subscription, token in macOS keychain). The `--bare` flag explicitly blocks keychain reads and requires `ANTHROPIC_API_KEY` or `apiKeyHelper`. Without `--bare`, the CLI reads the keychain OAuth token and auth works. The extra tokens from settings loading are trivial vs. losing Opus entirely.
**Why `--disable-slash-commands` and `--setting-sources ""`:** Partial alternative to `--bare` -- skips skill resolution and settings loading, trimming overhead while keeping keychain auth intact.
**Why `--max-turns 8`:** Opus has hands-on tools and will iterate. Prompt instructs it to stop at 7 tool calls; CLI hard-kills at 8. Two-layer enforcement prevents the failure mode where Opus consumes all turns reading docs and emits zero VERDICT output.
**Why `MAX_THINKING_TOKENS=32000`:** Forces xhigh extended thinking budget for Opus 4.7. Higher thinking budget = deeper analysis on review-sized prompts.
**Why `--allowedTools "Read Grep Glob"`:** Read-only file investigation. No Edit/Write/Bash.

### 3c: Grok prompt

Write the Grok prompt to a temp file. Grok reads files from disk via its own tools:

```bash
cat &gt; /tmp/grok_prompt_${SESSION_ID}.txt &lt;&lt; 'PROMPT_EOF'
[Full review prompt from "Shared full review prompt" below]
PROMPT_EOF
```

**Shared full review prompt (used by all six models):**

All six models read files from disk via their own tools, so they share the full review prompt. The `[MISSION]` placeholder must be replaced with exactly one of the two mission texts below before writing prompt files -- never include both, and never include the label lines in model-facing prompts.

**Mission text -- pick one:**

Non-cold-call (when `&lt;claudes_analysis&gt;` will be present in the prompt):
&gt; Claude already analyzed this and formed a hypothesis (see `&lt;claudes_analysis&gt;` below). Your job is NOT to confirm Claude's analysis -- find what Claude got wrong or missed entirely. Treat the hypothesis as a starting point to challenge, not a conclusion to rubber-stamp.

Cold-call (when no `&lt;claudes_analysis&gt;` block exists):
&gt; No prior hypothesis exists. Investigate the question from scratch and report findings adversarially -- assume nothing is safe until you've verified it.

```
You are a senior software engineer doing a pre-ship code review. Be direct, specific, and candid.

QUESTION: [QUESTION]

YOUR MISSION:
[MISSION]

START HERE (files Claude identified as relevant):
[CLAUDE_START_HERE]

TOOLS AVAILABLE -- use them actively:
- Read: Open any file at a specific path and line. Start with START HERE files.
- Grep: Search the full codebase by pattern. Use when you suspect the problem touches
  callers, imports, configs, or anything not listed above.
- Glob: List files matching a path pattern. Use to discover related files.
Every claim you make must cite something you actually read.

EXPLORATION RULES:
- Read START HERE files first to orient yourself.
- If those files look clean, use Grep to check callers, related imports, and config before
  concluding LOOKS GOOD. Do not stop at the first clean file.
- If your instincts say the real problem is elsewhere, go look -- the full filesystem is accessible.
- Don't explore endlessly, but don't let speed pressure stop you from checking one level deeper
  when something feels off.

[CLAUDES_ANALYSIS]

REVIEW CHECKLIST:
1. Logic correctness  2. Regressions  3. Contract mismatches  4. Data handling  5. Deployment readiness

Respond with EXACTLY this format (max 40 lines total):

VERDICT: [LOOKS GOOD or CONCERNS or BLOCKER]
CONFIDENCE: [HIGH or MEDIUM or LOW]
REASONING: [2-4 sentences with specific file/function references.]
MUST_FIX_FIRST: [most critical issue, or "Nothing -- safe to proceed"]
FLAGS:
- [HIGH/MED/LOW] [file:line or decision] -- [concern]
[or "None"]
SIMPLER_ALTERNATIVE: [one sentence, or "None"]
ROOT_CAUSE: [one sentence if debugging, or "N/A"]
RECOMMENDED_FIX: [one line per file: "file:location -- change", or "N/A"]
```

**Why `--bare` (used in Step 3g for Grok):** Skips hooks, CLAUDE.md loading, and auto-memory -- Grok is a one-shot reviewer, not a collaborator. This avoids injecting your personal Claude instructions into a third-party model.

**Why `--dangerously-skip-permissions`:** The proxy session is ephemeral and read-only (Read/Glob/Grep only). No edit or write tools are granted.

### 3d: DeepSeek prompt

Write the shared full review prompt (from 3c above) to a temp file:

```bash
cat &gt; /tmp/deepseek_prompt_${SESSION_ID}.txt &lt;&lt; 'PROMPT_EOF'
[Full review prompt from "Shared full review prompt" in 3c, with the following block
appended immediately before REVIEW CHECKLIST:]

FILE READING RULES: Never read more than 200 lines of any single file in one call.
Use Grep to find the relevant offset first, then read that section only.
PROMPT_EOF
```

**Why `deepseek/deepseek-v4-flash` (NATIVE, NOT OpenRouter):** The OpenRouter route (`openrouter/deepseek/deepseek-v4-flash`) hangs reliably. The native provider path uses `DEEPSEEK_API_KEY` directly, bypasses OpenRouter, and works cleanly with `--variant minimal` to disable thinking mode.

**Why `--variant minimal`:** Disables thinking mode for V4-Flash. Without this flag, V4-Flash allocates all output tokens to internal reasoning and never returns a structured response.

### 3e: Gemini prompt

Write the shared full review prompt (from 3c above) to a temp file:

```bash
cat &gt; /tmp/gemini_prompt_${SESSION_ID}.txt &lt;&lt; 'PROMPT_EOF'
[Full review prompt from "Shared full review prompt" in 3c, with the following block
appended immediately before REVIEW CHECKLIST:]

TURN BUDGET (HARD STOP): You have a maximum of 12 tool calls total. After your 12th tool
call, stop reading immediately and emit VERDICT based on what you have. Do not open
another file.
PROMPT_EOF
```

**Why TURN BUDGET:** Gemini can exhaust its thinking-token budget chasing files that don't exist, then exit with 0 bytes of stdout. opencode has no `--max-turns` flag, so the prompt budget is the only enforcement.

**Why `gemini-3-flash-preview`:** Fast, cheap (~$0.02/run), 1M context window, thinking enabled by default. If stability issues arise, swap to `gemini-2.5-flash`.

### 3f: Kimi prompt

Write the shared full review prompt (from 3c above) to a temp file:

```bash
cat &gt; /tmp/kimi_prompt_${SESSION_ID}.txt &lt;&lt; 'PROMPT_EOF'
[Full review prompt from "Shared full review prompt" in 3c, with the following block
appended immediately before REVIEW CHECKLIST:]

FILE READING RULES: Read each file at most ONCE. Use Grep to find the relevant offset
first, then read that section in one call. Do not page through a file in small chunks.

TURN BUDGET (HARD STOP): You have a maximum of 15 tool calls total. After your 15th tool
call, stop reading immediately and emit VERDICT based on what you have. Do not open
another file.
PROMPT_EOF
```

**Why `openrouter/moonshotai/kimi-k2-0905`:** K2.6 has an uncapped thinking phase that causes every run to hang. K2-0905 is `reasoning=False` with output capped at 16384 tokens -- no thinking phase, completes reliably. Do not use K2.6 or K2.5 (both have `reasoning=True` and an uncapped thinking budget).

### 3g: Launch all six reviewers in a single background job

After all prompt files are written (Steps 3a-3f), launch all six models inside **one bash command** with `run_in_background: true`. Per-group timeouts (180s fast, 240s slow) are enforced inside the script via two background killer processes. An early-exit watcher fires once Codex + Opus + any 2 fast models finish successfully.

```bash
ASK_START=$(date +%s)
SID="${SESSION_ID}"

# START_HERE_PARENT must be substituted as a LITERAL value per Step 2 rules.
# Bash tool calls do not share environment, so this MUST be a literal string.
# Replace [START_HERE_PARENT_VALUE] with one of:
#   "$HOME/.claude"           when reviewing files in ~/.claude/
#   "$HOME/dev/&lt;project&gt;"     when reviewing files in a specific project tree
#   ""                        cold call (no START HERE files) -- fallback picks WORK_DIR
START_HERE_PARENT="[START_HERE_PARENT_VALUE]"

# Recompute WORK_DIR inside this script. Each Bash call is an independent shell.
WORK_DIR=$(git rev-parse --show-toplevel 2&gt;/dev/null)
[ -z "$WORK_DIR" ] &amp;&amp; WORK_DIR=$(pwd)

# OPENCODE_DIR: the directory passed to `opencode run --dir` for DeepSeek, Gemini, Kimi.
# Must contain the START HERE files so unscoped Grep can find them.
OPENCODE_DIR="${START_HERE_PARENT:-$WORK_DIR}"

# Codex runs through the official OpenAI Codex plugin's companion runtime.
CODEX_COMPANION=~/.claude/plugins/marketplaces/openai-codex/plugins/codex/scripts/codex-companion.mjs

# Launch all six in parallel -- each subshell records "elapsed:exitcode" to a timing file
( T0=$(date +%s)
  node "$CODEX_COMPANION" task \
    --cwd "$WORK_DIR" \
    --model gpt-5.3-codex \
    --effort medium \
    --prompt-file /tmp/codex_prompt_${SID}.txt \
    &gt; /tmp/codex_result_${SID}.txt 2&gt;/tmp/codex_stderr_${SID}.txt
  echo "$(($(date +%s)-T0)):$?" &gt; /tmp/codex_timing_${SID}.txt
) &amp;
P1=$!

( T0=$(date +%s)
  cat /tmp/opus_prompt_${SID}.txt | \
  MAX_THINKING_TOKENS=32000 \
  claude -p \
    --model claude-opus-4-7 \
    --max-turns 8 \
    --no-session-persistence \
    --dangerously-skip-permissions \
    --disable-slash-commands \
    --setting-sources "" \
    --allowedTools "Read Grep Glob" \
    &gt; /tmp/opus_result_${SID}.txt 2&gt;/tmp/opus_stderr_${SID}.txt
  echo "$(($(date +%s)-T0)):$?" &gt; /tmp/opus_timing_${SID}.txt
) &amp;
P2=$!

( T0=$(date +%s)
  cat /tmp/grok_prompt_${SID}.txt | \
  ANTHROPIC_BASE_URL=http://localhost:3098 \
  ANTHROPIC_API_KEY=sk-ant-PLACEHOLDER \
  claude -p --bare \
    --model grok-4-1-fast-reasoning \
    --max-turns 10 \
    --no-session-persistence \
    --dangerously-skip-permissions \
    --allowedTools "Read Grep Glob" \
    &gt; /tmp/grok_result_${SID}.txt 2&gt;/tmp/grok_stderr_${SID}.txt
  echo "$(($(date +%s)-T0)):$?" &gt; /tmp/grok_timing_${SID}.txt
) &amp;
P3=$!

( T0=$(date +%s)
  cat /tmp/deepseek_prompt_${SID}.txt | \
  opencode run \
    -m deepseek/deepseek-v4-flash \
    --variant minimal \
    --agent review \
    --dir $OPENCODE_DIR \
    &gt; /tmp/deepseek_result_${SID}.txt 2&gt;/tmp/deepseek_stderr_${SID}.txt
  DS_EXIT=$?
  [ ! -s /tmp/deepseek_result_${SID}.txt ] &amp;&amp; DS_EXIT=1
  echo "$(($(date +%s)-T0)):$DS_EXIT" &gt; /tmp/deepseek_timing_${SID}.txt
) &amp;
P4=$!

( T0=$(date +%s)
  cat /tmp/gemini_prompt_${SID}.txt | \
  opencode run \
    -m google/gemini-3-flash-preview \
    --agent review \
    --dir $OPENCODE_DIR \
    &gt; /tmp/gemini_result_${SID}.txt 2&gt;/tmp/gemini_stderr_${SID}.txt
  echo "$(($(date +%s)-T0)):$?" &gt; /tmp/gemini_timing_${SID}.txt
) &amp;
P5=$!

( T0=$(date +%s)
  cat /tmp/kimi_prompt_${SID}.txt | \
  opencode run \
    -m openrouter/moonshotai/kimi-k2-0905 \
    --agent review \
    --dir $OPENCODE_DIR \
    &gt; /tmp/kimi_result_${SID}.txt 2&gt;/tmp/kimi_stderr_${SID}.txt
  echo "$(($(date +%s)-T0)):$?" &gt; /tmp/kimi_timing_${SID}.txt
) &amp;
P6=$!

# Per-group killers: Codex + Opus run on the 240s "slow group" budget,
# the 4 third-party models run on the 180s "fast group" budget.
( sleep 180 &amp;&amp; kill $P3 $P4 $P5 $P6 2&gt;/dev/null ) &amp;
FAST_KILLER=$!
( sleep 240 &amp;&amp; kill $P1 $P2 2&gt;/dev/null ) &amp;
SLOW_KILLER=$!

# Watcher: exit as soon as Codex + Opus + any 2 of the 4 fast models have completed
# successfully (exit code 0). Only successful completions count toward the threshold.
( while true; do
    sleep 5
    codex_done=0; opus_done=0; fast_done=0
    codex_t=$(cat "/tmp/codex_timing_${SID}.txt" 2&gt;/dev/null)
    [ "$(echo "$codex_t" | cut -d: -f2)" = "0" ] &amp;&amp; codex_done=1
    opus_t=$(cat "/tmp/opus_timing_${SID}.txt" 2&gt;/dev/null)
    [ "$(echo "$opus_t" | cut -d: -f2)" = "0" ] &amp;&amp; opus_done=1
    for m in grok deepseek gemini kimi; do
      t=$(cat "/tmp/${m}_timing_${SID}.txt" 2&gt;/dev/null)
      [ "$(echo "$t" | cut -d: -f2)" = "0" ] &amp;&amp; fast_done=$((fast_done+1))
    done
    if [ "$codex_done" = "1" ] &amp;&amp; [ "$opus_done" = "1" ] &amp;&amp; [ "$fast_done" -ge 2 ]; then
      kill $P1 $P2 $P3 $P4 $P5 $P6 2&gt;/dev/null
      echo "EARLY_EXIT codex+opus+2fast_done"
      exit 0
    fi
  done ) &amp;
WATCHER=$!

# Wait for all six (or until killed by timeout or watcher)
wait $P1 $P2 $P3 $P4 $P5 $P6

# Cancel watcher and killers if models finished early
kill $WATCHER $FAST_KILLER $SLOW_KILLER 2&gt;/dev/null

echo "ALL_DONE elapsed=$(( $(date +%s) - ASK_START ))s"
```

Run with `timeout 250000`. Use `run_in_background: true`.

**If Grok proxy failed (Step 1):** Omit the entire `( T0=... grok ... ) &amp; P3=$!` subshell block. Update the FAST_KILLER line to `( sleep 180 &amp;&amp; kill $P4 $P5 $P6 2&gt;/dev/null )` (slow killer unchanged) AND call `wait $P1 $P2 $P4 $P5 $P6` instead.

### Waiting for results

**Wait silently.** One harness notification fires when everything is done -- proceed immediately to Step 4. Emit zero text while waiting.

## Step 4: Collect and present results (TOKEN-OPTIMIZED)

**Collect all results in a single bash command:**

```bash
SID="${SESSION_ID}"
for model in codex opus grok deepseek gemini kimi; do
  echo "=== ${model} result ==="
  f="/tmp/${model}_result_${SID}.txt"
  if [ ! -s "$f" ]; then
    echo "(empty)"
  else
    out=$(head -100 "$f")
    if echo "$out" | grep -q "^VERDICT:"; then
      echo "$out"
    else
      # VERDICT not in first 100 lines -- fall back to 150 (hard ceiling)
      head -150 "$f"
    fi
  fi
  echo "=== ${model} timing ==="
  cat "/tmp/${model}_timing_${SID}.txt" 2&gt;/dev/null || echo "n/a"
  # VERDICT presence is the source of truth -- not the timing/exit code.
  # A subshell killed by the wall timer leaves the timing file missing even when
  # the result file already contains a complete VERDICT.
  has_verdict=$(head -150 "$f" 2&gt;/dev/null | grep -c "^VERDICT:" || echo 0)
  size=$(stat -f%z "$f" 2&gt;/dev/null || stat -c%s "$f" 2&gt;/dev/null || echo 0)
  if [ "$has_verdict" = "0" ] || [ "$size" = "0" ]; then
    echo "=== ${model} stderr ==="
    head -15 "/tmp/${model}_stderr_${SID}.txt" 2&gt;/dev/null || echo "(none)"
    echo "=== ${model} result tail ==="
    tail -10 "$f" 2&gt;/dev/null || echo "(none)"
  fi
done
```

### Auto-diagnosis -- match against stderr/result content, first match wins:

| Pattern | Diagnosis | Fix hint |
|---------|-----------|----------|
| `No such file or directory` or `os error 2` | ENOENT inside plugin runtime | Verify codex-companion.mjs exists; reinstall the codex plugin if missing |
| `Cannot find module` | Plugin path moved or uninstalled | `ls ~/.claude/plugins/marketplaces/openai-codex/` -- reinstall if empty |
| Result 0 bytes AND exit 0 | Plugin couldn't reach codex CLI | Run `which codex` and `codex --version` |
| Exit code 143 | Timeout: killed by group watchdog (180s fast / 240s slow) | Check what the model was doing in its result file |
| `authentication` or `API key` or `401` or `403` | Auth failure | Check the API key env var for this model |
| `connection refused` | Proxy/network unreachable | Grok: proxy didn't start; others: API down |
| `reasoning_content` or `thinking` | Thinking-mode conflict | Model stuck in thinking -- try `--variant minimal` |

### How to synthesize

1. **Classify each model's verdict** as LOOKS GOOD, CONCERNS, or BLOCKER
2. **Merge findings across models** -- deduplicate issues that multiple models flagged
3. **Separate consensus issues from single-model flags** -- issues flagged by 2+ models go in "What needs fixing", issues from only 1 model go in "Watch out for"
4. **Translate technical findings to plain English** -- no file:line references in the main view
5. **Give a clear yes/no on whether to proceed**
6. **Compare each model's findings to your own pre-call analysis (Step 2)** -- for each model, determine if it found something genuinely new that you did not identify

### Output format

```
## /ask Result: [LOOKS GOOD / CONCERNS / BLOCKER] ([N] of 6 reviewers)

[One sentence: who agreed and who disagreed, in plain English]

### What needs fixing (agreed by 2+ models)
[Numbered list -- plain English. Or "Nothing -- all six say safe to proceed."]

### Watch out for (flagged by 1 model)
[Bulleted list -- note which model flagged it. Or "Nothing additional."]

### Simpler alternative?
[If any model suggested a simpler approach. Or "None suggested."]

### Safe to proceed?
[Yes/No -- and if No, what to fix first. One sentence.]

&lt;details&gt;
&lt;summary&gt;Model verdicts (truncated)&lt;/summary&gt;

### Codex (GPT-5.3-Codex)
[Verdict + reasoning + flags only]

### Opus 4.7 (Claude)
[Verdict + reasoning + flags only]

### Grok (xAI)
[Verdict + reasoning + flags only]

### DeepSeek V4-Flash
[Verdict + reasoning + flags only]

### Gemini (Google)
[Verdict + reasoning + flags only]

### Kimi K2-0905 (Moonshot)
[Verdict + reasoning + flags only]

&lt;/details&gt;

### &#128270; Did Other Models Catch Something I Missed?

[For each model, show one line:]
&#128308; **[Model] found a critical issue I missed** -- [plain English, one sentence]
&#128993; **[Model] raised a valid point I missed** -- [plain English, one sentence]
&#9989; **[Model]** -- confirmed my analysis, nothing new

### Proposed Next Step

[CONDITIONAL -- only when verdict is CONCERNS or BLOCKER. Skip for LOOKS GOOD.]

**What needs to change:**
[2-3 sentences plain English]

**Steps:**
[Numbered list, 3-5 steps]

**What stays untouched:**
[1-2 bullet points]

Want me to implement this?

&#9201; [Model] [Xs] | [Model] [Xs] | [Model] [timed out] | ...

&lt;details&gt;
&lt;summary&gt;&#128295; Debug log -- [all 6 ok | FAILED: Model, Model]&lt;/summary&gt;

| Model | Status | Exit | Time | Diagnosis |
|-------|--------|------|------|-----------|
| Codex | &#9989; ok | 0 | 45s | -- |
| Opus | &#9989; ok | 0 | 52s | -- |
| Grok | &#9989; ok | 0 | 32s | -- |
| DeepSeek | &#9989; ok | 0 | 28s | -- |
| Gemini | &#9989; ok | 0 | 41s | -- |
| Kimi | &#9989; ok | 0 | 55s | -- |

Log saved &#8594; ~/.claude/logs/ask/[SID]/
&lt;/details&gt;
```

### Edge cases

- **All six respond before their group walls:** Proceed immediately with all six.
- **Fast models still running at 180s / slow models at 240s:** Killer fires, note timed-out models in the timing line.
- **One reviewer failed:** Note it at the top: "[Model] timed out -- showing [N] of 6 results."
- **Two or more failed:** "Only [N] of 6 reviewers responded -- treat as limited consensus."
- **All six say LOOKS GOOD with no flags:** Short output -- just the header + "Safe to proceed? Yes." + collapsed details + timing.

## Step 4.5: Save debug logs

### 4.5a: Write meta.json synchronously

```bash
SID="${SESSION_ID}"
GIT_BRANCH=$(git -C "${WORK_DIR}" rev-parse --abbrev-ref HEAD 2&gt;/dev/null || echo "n/a")
cat &gt; /tmp/ask_meta_${SID}.json &lt;&lt; EOF
{
  "session_id": "${SID}",
  "timestamp": "$(date -u +%Y-%m-%dT%H:%M:%SZ)",
  "workdir": "${WORK_DIR}",
  "git_branch": "${GIT_BRANCH}",
  "question": "[first 120 chars of question]",
  "elapsed_total_seconds": [N],
  "models": {
    "codex":    {"verdict": "[LOOKS_GOOD|CONCERNS|BLOCKER|null]", "status": "[ok|empty|error|timeout]", "timing": "[from batch output]"},
    "opus":     {"verdict": "[...]", "status": "[...]", "timing": "[...]"},
    "grok":     {"verdict": "[...]", "status": "[...]", "timing": "[...]"},
    "deepseek": {"verdict": "[...]", "status": "[...]", "timing": "[...]"},
    "gemini":   {"verdict": "[...]", "status": "[...]", "timing": "[...]"},
    "kimi":     {"verdict": "[...]", "status": "[...]", "timing": "[...]"}
  },
  "overall_verdict": "[LOOKS_GOOD|CONCERNS|BLOCKER]",
  "reviewers_responded": [N]
}
EOF
```

### 4.5b: Background cleanup (run_in_background: true)

```bash
SID="${SESSION_ID}"
LOG_DIR=~/.claude/logs/ask/${SID}
mkdir -p "$LOG_DIR"

# Copy all prompt + result + stderr + timing files (full, not head-100)
for model in codex opus grok deepseek gemini kimi; do
  for suffix in prompt result timing stderr; do
    f="/tmp/${model}_${suffix}_${SID}.txt"
    [ -f "$f" ] &amp;&amp; cp "$f" "$LOG_DIR/${model}_${suffix}.txt"
  done
done

# Move meta.json into log dir
[ -f "/tmp/ask_meta_${SID}.json" ] &amp;&amp; mv "/tmp/ask_meta_${SID}.json" "$LOG_DIR/meta.json"

# Append summary line to rolling log
CODEX_T=$(cat "/tmp/codex_timing_${SID}.txt" 2&gt;/dev/null || echo "n/a")
OPUS_T=$(cat "/tmp/opus_timing_${SID}.txt" 2&gt;/dev/null || echo "n/a")
GROK_T=$(cat "/tmp/grok_timing_${SID}.txt" 2&gt;/dev/null || echo "n/a")
DEEPSEEK_T=$(cat "/tmp/deepseek_timing_${SID}.txt" 2&gt;/dev/null || echo "n/a")
GEMINI_T=$(cat "/tmp/gemini_timing_${SID}.txt" 2&gt;/dev/null || echo "n/a")
KIMI_T=$(cat "/tmp/kimi_timing_${SID}.txt" 2&gt;/dev/null || echo "n/a")
echo "$(date -u +%Y-%m-%dT%H:%M:%SZ) | ${SID} | ${WORK_DIR} | codex=(${CODEX_T}) opus=(${OPUS_T}) grok=(${GROK_T}) deepseek=(${DEEPSEEK_T}) gemini=(${GEMINI_T}) kimi=(${KIMI_T})" \
  &gt;&gt; ~/.claude/logs/ask.log

# Cleanup temp files and Grok proxy
rm -f /tmp/codex_prompt_${SID}.txt /tmp/codex_result_${SID}.txt /tmp/codex_timing_${SID}.txt /tmp/codex_stderr_${SID}.txt \
      /tmp/opus_prompt_${SID}.txt /tmp/opus_result_${SID}.txt /tmp/opus_timing_${SID}.txt /tmp/opus_stderr_${SID}.txt \
      /tmp/grok_prompt_${SID}.txt /tmp/grok_result_${SID}.txt /tmp/grok_timing_${SID}.txt /tmp/grok_stderr_${SID}.txt \
      /tmp/deepseek_prompt_${SID}.txt /tmp/deepseek_result_${SID}.txt /tmp/deepseek_timing_${SID}.txt /tmp/deepseek_stderr_${SID}.txt \
      /tmp/gemini_prompt_${SID}.txt /tmp/gemini_result_${SID}.txt /tmp/gemini_timing_${SID}.txt /tmp/gemini_stderr_${SID}.txt \
      /tmp/kimi_prompt_${SID}.txt /tmp/kimi_result_${SID}.txt /tmp/kimi_timing_${SID}.txt /tmp/kimi_stderr_${SID}.txt \
      /tmp/ask_meta_${SID}.json 2&gt;/dev/null
pkill -f "grok-cli/proxy\.js" 2&gt;/dev/null
```

---

## Rules

1. Never auto-apply suggestions -- always present and wait for approval.
2. **No intermediate output.** Between launching models (Step 3) and presenting results (Step 4), emit zero text.
3. **Wait for Codex + Opus + any 2 of the 4 fast models.** Once that condition is met, the watcher kills remaining models. Codex AND Opus are mandatory (strongest reviewers); both run on a 240s "slow group" budget. The four third-party models run on a 180s "fast group" budget.
4. **Hard ceilings:** Fast group (Grok/DeepSeek/Gemini/Kimi) killed at 180s. Slow group (Codex/Opus) killed at 240s.
5. If one model times out or fails, present the remaining results and note the failure.
6. If any output conflicts with your own analysis, present all perspectives honestly.
7. If a model's output is empty or the result file does not exist, present the remaining results.
8. Temp file cleanup and Grok proxy shutdown are handled inside the Step 4.5b background job -- do NOT issue a separate cleanup command.
9. Never auto-fire /ask. The user invokes it manually.
10. If the Grok proxy fails to start, proceed with the remaining models and note Grok was unavailable.

**Technical notes:**

- Codex runs through the official OpenAI Codex plugin's companion runtime: `node ~/.claude/plugins/marketplaces/openai-codex/plugins/codex/scripts/codex-companion.mjs task --cwd "$WORK_DIR" --model gpt-5.3-codex --effort medium --prompt-file &lt;prompt&gt;`. Direct `codex exec` in backgrounded subshells was replaced because it failed intermittently with `Error: No such file or directory (os error 2)` before Codex could print its startup banner. The plugin wraps Codex in proper Node.js process management. No Codex profile in `~/.codex/config.toml` is required -- model and effort are passed explicitly. `--write` is omitted to keep Codex read-only.
- Opus 4.7 runs with `MAX_THINKING_TOKENS=32000` (xhigh extended thinking) and `--max-turns 8`. Uses Claude Code's existing OAuth auth -- no separate API key needed. Do NOT use `--bare` flag (blocks keychain auth for OAuth users).
- Grok proxy runs on port 3098 via grok-cli. Requires `XAI_API_KEY`.
- DeepSeek uses `deepseek/deepseek-v4-flash` (NATIVE, not OpenRouter) with `--variant minimal`. Requires `DEEPSEEK_API_KEY`. The `openrouter/deepseek/deepseek-v4-flash` route hangs reliably -- do not use it.
- Gemini uses `google/gemini-3-flash-preview` via OpenCode. Requires `GOOGLE_GENERATIVE_AI_API_KEY` (not `GEMINI_API_KEY`). If unstable, swap to `gemini-2.5-flash`.
- Kimi uses `openrouter/moonshotai/kimi-k2-0905` via OpenCode. Requires `OPENROUTER_API_KEY`. Do NOT use kimi-k2.6 or kimi-k2.5 -- both have an uncapped thinking phase that causes every run to hang.
- Qwen3 Coder was removed: it hallucinated file content even with hands-on tools active. Do not re-add.
- Requires opencode-ai &gt;= 1.14.31 for the OpenRouter routing fix and Kimi tool-sanitization compatibility.
```
</code></pre></div><div><hr></div>]]></content:encoded></item><item><title><![CDATA[Ayı sezonu bitti mi?]]></title><description><![CDATA[The Details #217]]></description><link>https://details.buraktamac.com/p/ay-sezonu-bitti-mi</link><guid isPermaLink="false">https://details.buraktamac.com/p/ay-sezonu-bitti-mi</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Wed, 29 Apr 2026 05:16:01 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!DiQo!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<h2>Ay&#305; sezonu bitti mi?</h2><p>Kafas&#305; biraz &#231;al&#305;&#351;an birisi bu soruyu sormadan &#246;nce &#351;unu sorar:</p><blockquote><p>Ay&#305; sezonu ne demek?</p></blockquote><p>Finans piyasalar&#305;nda bu sorunun cevab&#305; &#231;ok basit: %20 d&#252;&#351;&#252;&#351;. Bu y&#252;zden kafalar kar&#305;&#351;m&#305;yor. Ama kriptoda her kafadan bir ses &#231;&#305;kt&#305;&#287;&#305; i&#231;in <strong>herkes hakl&#305;</strong>. Benim i&#231;in en iyi g&#246;sterge ne ise, ay&#305;/bo&#287;a indikat&#246;r&#252; de odur. <a href="https://details.buraktamac.com/p/bitcoin-icin-ayboga-ne-demek-kisisel">Burada</a> anlatt&#305;&#287;&#305;m gibi, bir y&#305;ll&#305;k ortalama en iyisi.</p><p>&#350;u anda <a href="https://x.com/burak_tamac/status/1983162872453648821">STH-RP</a> direncine tak&#305;ld&#305;k.</p><p>Bundan daha normal bir &#351;ey yok. Ge&#231;memiz zaman al&#305;yor, alacak. Bundan sonra 1 y&#305;ll&#305;k ortalamaya tak&#305;laca&#287;&#305;z. Bu iki seviye &#252;st&#252;ne &#231;&#305;kt&#305;&#287;&#305;m&#305;zda r&#252;zgar tersine d&#246;necek.</p><p>Hen&#252;z erken, ama durum 2 hafta &#246;ncesine g&#246;re pozitif.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!DiQo!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!DiQo!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png 424w, https://substackcdn.com/image/fetch/$s_!DiQo!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png 848w, https://substackcdn.com/image/fetch/$s_!DiQo!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!DiQo!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!DiQo!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png" width="1456" height="1016" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1016,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:217154,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/195738085?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!DiQo!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png 424w, https://substackcdn.com/image/fetch/$s_!DiQo!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png 848w, https://substackcdn.com/image/fetch/$s_!DiQo!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!DiQo!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F54c8eb6c-541c-48b2-af34-43c95d6ebdc0_2352x1642.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><div><hr></div>]]></content:encoded></item><item><title><![CDATA[Bültenin içeriği değişiyor]]></title><description><![CDATA[The Details #216]]></description><link>https://details.buraktamac.com/p/bultenin-icerigi-degisiyor</link><guid isPermaLink="false">https://details.buraktamac.com/p/bultenin-icerigi-degisiyor</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 21 Apr 2026 13:13:55 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!c6ma!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb69ed663-5287-498e-ab37-1b0888b242a6_321x321.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<p>Herkese merhabalar,</p><p>Yakla&#351;&#305;k 4,5 senedir aral&#305;ks&#305;z yazd&#305;&#287;&#305;m b&#252;ltenimde de&#287;i&#351;ikli&#287;e gidiyorum.</p><p>Bug&#252;ne kadar bitcoin ve piyasalar a&#287;&#305;rl&#305;kl&#305; yaz&#305;lar yazd&#305;m. Uzun zamand&#305;r ki&#351;isel ilgim ve i&#351;im bu alanda oldu&#287;u i&#231;in. Amac&#305;m &#246;&#287;rendi&#287;im &#351;eyleri sizlerle payla&#351;makt&#305;.</p><p>Hala &#246;yle.</p><p>Ama bu alana AI ve &#246;zellikle AI ile &#252;r&#252;n yapma, i&#351; kurma gibi konular&#305; da ekleme karar&#305; ald&#305;m. &#199;&#252;nk&#252; son 6 ayd&#305;r bunu kendim yap&#305;yorum. &#199;ok faydas&#305;n&#305; g&#246;r&#252;yorum.</p><p>Amac&#305;m &#246;&#287;rendiklerimi payla&#351;mak, sizlerden gelen cevaplara bakmak ve birlikte &#246;&#287;renmeye devam etmek.</p><p>&#304;steyenler a&#351;a&#287;&#305;daki link ile payla&#351;abilir.</p><p class="button-wrapper" data-attrs="{&quot;url&quot;:&quot;https://details.buraktamac.com/p/bultenin-icerigi-degisiyor?utm_source=substack&utm_medium=email&utm_content=share&action=share&quot;,&quot;text&quot;:&quot;Share&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" data-component-name="ButtonCreateButton"><a class="button primary" href="https://details.buraktamac.com/p/bultenin-icerigi-degisiyor?utm_source=substack&utm_medium=email&utm_content=share&action=share"><span>Share</span></a></p><p>E&#287;er benden email almak istemiyorsan&#305;z en a&#351;a&#287;&#305;da Unsubscribe sekmesine t&#305;klayabilirsiniz.</p><p>Her zaman oldu&#287;u gibi:</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div>]]></content:encoded></item><item><title><![CDATA[Toparlanma sürecinde ilk sinyali hangi metrik veriyor? ]]></title><description><![CDATA[The Details #215]]></description><link>https://details.buraktamac.com/p/toparlanma-surecinde-ilk-sinyali</link><guid isPermaLink="false">https://details.buraktamac.com/p/toparlanma-surecinde-ilk-sinyali</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 17 Mar 2026 05:16:37 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!SuGd!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h2>UTXO Age Bands</h2><p>Bitcoin&#8217;de <strong>ger&#231;ek toparlanma</strong> i&#351;areti g&#246;rmek i&#231;in bakabilece&#287;imiz y&#252;zlerce metrik var.</p><p>Bunlardan bir tanesi yeni likidite i&#231;indeki yeni yat&#305;r&#305;mc&#305;lar&#305;n oran&#305;. Muhtemelen size y&#252;kseli&#351; i&#231;in ne gerekli desem iki &#351;ey s&#246;ylerdiniz:</p><ol><li><p>Yeni likidite (para)</p></li><li><p>Yeni yat&#305;r&#305;mc&#305;</p></li></ol><p>Bu trendi blokzincir verisi ile takip etmek &#231;ok kolay (&#128071;). COVID d&#252;&#351;&#252;&#351;&#252; ve FTX &#231;&#246;k&#252;&#351;&#252; sonras&#305;nda bu verinin yava&#351;&#231;a y&#252;kselmeye ba&#351;lad&#305;&#287;&#305;n&#305; g&#246;rebiliyoruz. Yine bu tarz bir y&#252;kseli&#351; gelecek, ancak hen&#252;z bu sinyali ald&#305;&#287;&#305;m&#305;z&#305; s&#246;ylemek i&#231;in erken.</p><p>Bunun yan&#305;nda unutmamam&#305;z gereken bir &#351;ey daha var.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!SuGd!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!SuGd!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!SuGd!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!SuGd!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!SuGd!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!SuGd!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:411105,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/191117377?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!SuGd!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!SuGd!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!SuGd!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!SuGd!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F82284bf9-d2b1-4dcf-9a83-b72e1dd5ad9e_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Bitcoin ne COVID d&#246;neminde oldu&#287;u gibi ne de FTX &#231;&#246;k&#252;&#351;&#252;nde oldu&#287;u gibi bir kriz ya&#351;ad&#305;. Bu d&#252;&#351;&#252;&#351; y&#252;ksek orandan piyasa dinamikleri i&#231;inde ger&#231;ekle&#351;en ve krizin olmad&#305;&#287;&#305; bir d&#252;&#351;&#252;&#351;.</p><p>Bu tarz beklenmedik bir black swan olay&#305; ya&#351;arsak, 50K seviyeleri g&#246;r&#252;lebilir. Ama ABD&#8217;de ara se&#231;imlerin de yakla&#351;t&#305;&#287;&#305;n&#305; d&#252;&#351;&#252;n&#252;rsek (Kas&#305;m 2026) bu kriz ya&#351;ama ihtimali her ge&#231;en hafta azal&#305;yor.</p><p>60K seviyesine kadar g&#252;&#231;l&#252; bir duvar var ve y&#305;k&#305;lmad&#305;.</p><p>Bu duvar&#305; ancak b&#252;y&#252;k bir kriz y&#305;kabilir.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!Ne-O!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!Ne-O!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!Ne-O!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!Ne-O!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!Ne-O!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!Ne-O!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/b2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:207036,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/191117377?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!Ne-O!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!Ne-O!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!Ne-O!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!Ne-O!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb2d0f051-a79d-40f9-bef3-bc9ce2d95f96_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><div><hr></div>]]></content:encoded></item><item><title><![CDATA[3 Yıl Sonra En Kötü Sinyal]]></title><description><![CDATA[The Details #214]]></description><link>https://details.buraktamac.com/p/3-yl-sonra-en-kotu-sinyal</link><guid isPermaLink="false">https://details.buraktamac.com/p/3-yl-sonra-en-kotu-sinyal</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Wed, 11 Feb 2026 05:15:13 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!KA6u!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h2>STH-MVRV</h2><p>STH, Short Term Holder demek. </p><p>Yani son 155 g&#252;nde maliyetlenen Bitcoin yat&#305;r&#305;mc&#305;s&#305;. MVRV ise PnL demek. Yani kar/zarar oran&#305;. Ama realize edilmemi&#351;. Yani c&#252;zdan&#305; a&#231;&#305;yorsunuz ve yukar&#305;da k&#305;rm&#305;z&#305; bir rakam g&#246;r&#252;yorsunuz.</p><p>Yeni yat&#305;r&#305;mc&#305;lar <strong>2022 y&#305;l&#305;ndan bug&#252;ne en k&#246;t&#252; d&#246;nemi</strong> ya&#351;&#305;yor. Bu yat&#305;r&#305;mc&#305; grubu trendin pozitife d&#246;nmesi i&#231;in &#231;ok &#246;nemli. Ama bu insanlar, bug&#252;n c&#252;zdanlar&#305;n&#305; a&#231;&#305;kt&#305;klar&#305;nda ortalama %30 zararda olduklar&#305;n&#305; g&#246;r&#252;yorlar. </p><p>Peki bu ne demek?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!BUEd!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!BUEd!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!BUEd!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!BUEd!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!BUEd!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!BUEd!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:225747,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/187467892?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!BUEd!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!BUEd!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!BUEd!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!BUEd!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0fab685a-9e08-4d79-8d1e-7b4b9ee04aef_2496x1642.png 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Bu davran&#305;&#351;sal ekonomi a&#231;&#305;s&#305;ndan yat&#305;r&#305;mc&#305; davran&#305;&#351;lar&#305;n&#305;n de&#287;i&#351;ece&#287;i anlam&#305;na gelir. Yani olur da satmazlarsa e&#287;er, <strong>maliyetine gelince</strong> hemen satacaklar. Ortalama maliyet fiyat&#305; 91K.</p><p>Yani yukar&#305;da &#231;ok g&#252;&#231;l&#252; diren&#231;ler olacak. </p><p>Ve bu diren&#231;leri test etmemiz ne kadar uzun s&#252;rerse bu arkada&#351;lar daha h&#305;zl&#305; satacaklar. &#214;n&#252;m&#252;zde uzun bir yol var. Pozitif sinyaller gelene kadar beklemeye devam.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div>]]></content:encoded></item><item><title><![CDATA[Bitcoin'de Son Durum]]></title><description><![CDATA[The Details #213]]></description><link>https://details.buraktamac.com/p/bitcoinde-son-durum</link><guid isPermaLink="false">https://details.buraktamac.com/p/bitcoinde-son-durum</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Wed, 04 Feb 2026 06:15:21 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!KA6u!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h2>URPD</h2><p>A&#351;a&#287;&#305;daki grafik bize &#351;u mesaj&#305; veriyor:</p><ul><li><p>Bitcoin&#8217;e giren 1.1 trilyon dolar likiditenin %80&#8217;i zararda.</p></li><li><p>72-80K aras&#305;ndaki bo&#351;luk doluyor.</p></li></ul><p>Yani bir di&#287;er ifade ile konsolidasyon.</p><p>Bu olumlu bir &#351;ey. &#199;&#252;nk&#252; 55-72K aras&#305;nda oldu&#287;u gibi g&#252;&#231;l&#252; bir destek b&#246;lgesi olu&#351;uyor. Ancak &#351;u anda kritik bir d&#246;nemden ge&#231;iyoruz. Aylard&#305;r gelen <a href="https://x.com/burak_tamac/status/1991853836001026334">olumsuz veriler</a> nedeniyle bitcoin d&#252;&#351;&#252;&#351; trendinden bir defa bile &#231;&#305;kmay&#305; denemedi.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!IZvt!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!IZvt!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!IZvt!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!IZvt!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!IZvt!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!IZvt!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:199603,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/186663929?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!IZvt!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!IZvt!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!IZvt!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!IZvt!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F233ba5de-ec5a-42de-9f7c-bebd7f3f4fd1_2496x1642.png 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Yani?</p><p>A&#351;a&#287;&#305;daki paragraf&#305; bir &#246;nceki say&#305;dan hi&#231; de&#287;i&#351;tirmeden ekliyorum:</p><blockquote><p>Ben k&#305;sa vadede h&#305;zl&#305; toparlanman&#305;n bu y&#252;zden zor oldu&#287;unu d&#252;&#351;&#252;n&#252;yorum. &#199;ok b&#252;y&#252;k pozitif geli&#351;melerin olmas&#305; gerekir. Fed&#8217;in faizleri 0.25bp indirmesi &#231;ok b&#252;y&#252;k bir pozitif geli&#351;me de&#287;il. Hisse piyasalar&#305;nda &#246;n&#252;nde gidebilece&#287;i &#231;ok ciddi bir yol yok. 2 senedir ko&#351;uyorlar &#231;&#252;nk&#252;.</p><p><a href="https://x.com/burak_tamac/status/1983162872453648821">STH-RP</a> ve <a href="https://x.com/burak_tamac/status/1989090307355603146">365D SMA</a> k&#305;r&#305;lmadan bu durum de&#287;i&#351;mez.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p></blockquote><p>STH-RP: 94.K<br>365D SMA: 100.7K</p><div><hr></div>]]></content:encoded></item><item><title><![CDATA[Bu Düşüş Neden Farklı? (Düşerken Satanlar!)]]></title><description><![CDATA[The Details #212]]></description><link>https://details.buraktamac.com/p/bu-dusus-neden-farkl-duserken-satanlar</link><guid isPermaLink="false">https://details.buraktamac.com/p/bu-dusus-neden-farkl-duserken-satanlar</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Wed, 07 Jan 2026 05:15:41 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!dzAG!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h2>D&#252;&#351;erken satanlar</h2><p>Bitcoin 50D <a href="https://x.com/burak_tamac/status/1875926823332135315">SMA</a>&#8217;y&#305; <a href="https://x.com/burak_tamac/status/2007130827902382533">k&#305;rd&#305;</a>.</p><p>Bu elbette pozitif bir sinyal ama gere&#287;inden fazla okumamak gerekli. T&#252;m &#246;nemli ortalamalar&#305;n alt&#305;nday&#305;z (<a href="https://x.com/burak_tamac/status/1991853836001026334">2 ayd&#305;r</a>). Son ya&#351;ad&#305;&#287;&#305;m&#305;z d&#252;&#351;&#252;&#351; ger&#231;ekten &#231;ok farkl&#305;. Buna benzerine 2022&#8217;de g&#246;rm&#252;&#351;t&#252;k.</p><p>Peki nedir farkl&#305; olan?</p><p>A&#351;a&#287;&#305;daki grafik uzun vadeli yat&#305;r&#305;mc&#305;lar&#305;n da&#287;&#305;t&#305;m&#305;n&#305; g&#246;steriyor. Mavi &#231;izgi a&#351;a&#287;&#305;ya iniyorsa, uzun vadeliler sat&#305;yor demek. Y&#252;kseli&#351; d&#246;nemlerinde bunun s&#305;k&#231;a g&#246;r&#252;r&#252;z. &#199;&#252;nk&#252; bu arkada&#351;lar satacak ki birileri (yeni gelenler) alacaklar.</p><p>2024 ba&#351;&#305;nda (ETF) ve sonunda (ABD se&#231;imleri, Trump) bunu iki defa ya&#351;ad&#305;k.</p><p>Bundan daha normal bir &#351;ey yok.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!dzAG!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!dzAG!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!dzAG!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!dzAG!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!dzAG!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!dzAG!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:256366,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/183671571?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!dzAG!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!dzAG!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!dzAG!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!dzAG!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9d45f50f-adbd-48ce-97a8-54b092ca40f3_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Ama normal olmayan, daha do&#287;rusu y&#252;kseli&#351; piyasas&#305;nda normal olmayan &#351;ey uzun vadelilerin fiyat d&#252;&#351;erken sat&#305;&#351; yapmas&#305;. Bu &#231;ok ciddi bir davran&#305;&#351; de&#287;i&#351;ikli&#287;i demek.</p><p>Yani?</p><p>Ben k&#305;sa vadede h&#305;zl&#305; toparlanman&#305;n bu y&#252;zden zor oldu&#287;unu d&#252;&#351;&#252;n&#252;yorum. &#199;ok b&#252;y&#252;k pozitif geli&#351;melerin olmas&#305; gerekir. Fed&#8217;in faizleri 0.25bp indirmesi &#231;ok b&#252;y&#252;k bir pozitif geli&#351;me de&#287;il. Hisse piyasalar&#305;nda &#246;n&#252;nde gidebilece&#287;i &#231;ok ciddi bir yol yok. 2 senedir ko&#351;uyorlar &#231;&#252;nk&#252;.</p><p><a href="https://x.com/burak_tamac/status/1983162872453648821">STH-RP</a> ve <a href="https://x.com/burak_tamac/status/1989090307355603146">365D SMA</a> k&#305;r&#305;lmadan bu durum de&#287;i&#351;mez.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div>]]></content:encoded></item><item><title><![CDATA[2026'nın Hikayesi için 1. Adayım]]></title><description><![CDATA[The Details #211]]></description><link>https://details.buraktamac.com/p/2026nn-hikayesi-icin-1-adaym</link><guid isPermaLink="false">https://details.buraktamac.com/p/2026nn-hikayesi-icin-1-adaym</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 30 Dec 2025 05:15:24 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!KA6u!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h2>2024 ve 2025</h2><p>Piyasalar hikaye ile hareket eder.</p><p>Ama i&#231;i bo&#351; hikaye ile de&#287;il. Hikayenin veri ile desteklenmesi gerekli. Kripto sekt&#246;r&#252;nde ise son 2 seneye &#351;u 3 hikaye rengini verdi:</p><ol><li><p>2024 ba&#351;&#305;nda spot ETF&#8217;ler.</p></li><li><p>2024 sonu ve 2025&#8217;te ABD ba&#351;kan&#305; Trump ve &#8216;ben ne yapt&#305;klar&#305;n&#305; bilmiyorum&#8217; dedi&#287;i ekibi.</p></li><li><p>Treasury &#351;irketleri</p></li></ol><p>1 ve 3 &#231;ok net bir &#351;ekilde al&#305;m bask&#305;s&#305; olu&#351;turdu. Rakamlar ile detaylarda bo&#287;ulmaya gerek yok.</p><p>Peki 2026&#8217;n&#305;n i&#231;in dolu hikayesi ne olabilir?</p><h2>2026</h2><p>ABD&#8217;de 9 Aral&#305;k&#8217;ta &#246;nemli bir geli&#351;me oldu.</p><p>OCC (Para Birimi Denetim Ofisi), yay&#305;mlad&#305;&#287;&#305; 1188 say&#305;l&#305; mektupla ulusal bankalar&#305;n "riskless principal" (risk ta&#351;&#305;mayan arac&#305;) stat&#252;s&#252;nde kripto varl&#305;k i&#351;lemi yapabilece&#287;ini onaylad&#305;. &#220;&#231; g&#252;n sonra ise <strong>Fidelity, BitGo, Paxos, Circle ve Ripple dahil be&#351; dijital varl&#305;k &#351;irketine &#351;artl&#305; ulusal banka lisans&#305; verdi</strong>.</p><p>ETF&#8217;leri almak i&#231;in yat&#305;r&#305;m bankas&#305;ndan brokerage hesab&#305;n&#305;z&#305;n olmas&#305; gerekli.</p><p>Ama maa&#351;&#305;n&#305;z&#305;n yatt&#305;&#287;&#305;, faturalar&#305;n&#305;z&#305; &#246;dedi&#287;iniz bankalar (bireysel) hen&#252;z kripto hizmeti vermiyor. Ancak 2026&#8217;ta bankalar&#305;n birer birer bu hizmeti vereceklerini biliyoruz. ETF&#8217;ler gibi takip etmesi zor olacak, ama kriptoparalara girebilecek likiditenin daha da geni&#351;leyece&#287;ini kesin.</p><p>Benim aday&#305;m bireysel bankalar&#305;n (Bank of America, PNC gibi) 2026&#8217;n&#305;n hikayesi olaca&#287;&#305;.</p><p>Olumsuz anlamda ba&#351;&#305;m&#305;za gelebilecek &#351;ey ise <a href="https://x.com/burak_tamac/status/1983976217687859641">AI&#8217;daki end&#252;stri balonunun</a> patlamas&#305;, resesyon&#8230; Ancak her zaman s&#246;yledi&#287;im gibi: b&#246;yle bir durumda &#246;nce d&#252;&#351;ece&#287;iz, sonra merkez bankalar&#305;n&#305;n yar&#305;nlar yokmu&#351; gibi para basmas&#305; nedeniyle arz&#305; k&#305;t ve do&#287;ru varl&#305;klar y&#252;kselecek.</p><p>1971&#8217;den bug&#252;ne defalarca oldu&#287;u gibi.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div><p>&#350;imdiden herkese yeni y&#305;llar. </p><p>&#214;nce sa&#287;l&#305;k diyorum. Gerisi bir &#351;ekilde gelir.</p><p>Sevgiler sayg&#305;lar.</p>]]></content:encoded></item><item><title><![CDATA[Bitcoin İçin Ayı/Boğa Ne Demek (Kişisel Önerim) ?]]></title><description><![CDATA[The Details #210]]></description><link>https://details.buraktamac.com/p/bitcoin-icin-ayboga-ne-demek-kisisel</link><guid isPermaLink="false">https://details.buraktamac.com/p/bitcoin-icin-ayboga-ne-demek-kisisel</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 23 Dec 2025 05:15:29 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!KA6u!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><p>6 haftad&#305;r herkesin en s&#305;k sordu&#287;u soru &#351;u:</p><blockquote><p>Ay&#305; geldi mi? Bo&#287;a bitti mi?</p></blockquote><p>Bunun i&#231;in &#246;nce &#351;u soruyu net cevaplamazsak yapt&#305;&#287;&#305;m&#305;z &#351;ey goygoydan &#246;teye gidemez: Ay&#305;/bo&#287;a ne demek?</p><h3>1- Ay&#305;/Bo&#287;a piyasas&#305; ne demek?</h3><p>Geleneksel piyasalarda bu tan&#305;mlar &#231;ok net:</p><p>E&#287;er piyasalar zirveden %20 d&#252;&#351;erse ay&#305;, dipten %20 y&#252;kselirse bo&#287;a demek. Bu kadar basit. Bunu kriptoya uygulamak elbette imkans&#305;z. Bu y&#252;zden kriptoda tan&#305;mlar net de&#287;il. Net olmad&#305;&#287;&#305; i&#231;in de <strong>her kafadan bir ses &#231;&#305;k&#305;yor.</strong></p><p>Bizim net bir tan&#305;ma ihtiyac&#305;m&#305;z var.</p><h3>2- Ki&#351;isel &#214;nerim</h3><p>Bu g&#252;r&#252;lt&#252;y&#252; azaltmak i&#231;in net tan&#305;mlara ihtiyac&#305;m&#305;z var.</p><p>&#304;lk akl&#305;ma gelen yeni yat&#305;r&#305;mc&#305;n&#305;n gelip gelmedi&#287;i. &#199;&#252;nk&#252; bu &#231;ok &#246;nemli. Aktif adres say&#305;s&#305; bunu g&#246;rece g&#246;steriyor. Google aramalar&#305; olabilir. On-chain metrikler var (MVRV gibi). Ama b&#246;yle d&#252;&#351;&#252;n&#252;nce konu daha da karma&#351;&#305;k hale geliyor. Sonu&#231;ta bu g&#246;stergelerin eninde sonunda fiyata etki ediyor olmas&#305; gerekli.</p><p>Bu y&#252;zden muhtemelen en basit g&#246;sterde 1 y&#305;ll&#305;k ortalama. &#199;&#252;nk&#252; &#246;zellikle son d&#246;nemde verdi&#287;i sinyaller ba&#351;ar&#305;l&#305;. &#304;lk soruyu duyar gibiyim:</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!-H-6!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!-H-6!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!-H-6!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!-H-6!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!-H-6!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!-H-6!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:181364,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/182340971?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!-H-6!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!-H-6!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!-H-6!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!-H-6!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F0921c63e-aba5-4e06-aa78-70578864e41a_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>Ne yani COVID d&#246;neminde 1 ayl&#305;k ay&#305; m&#305; ya&#351;ad&#305;k?</p></blockquote><p>Evet, &#231;&#252;nk&#252; Fed yar&#305;nlar yokmu&#351; gibi para basmasayd&#305;, devletler havadan para da&#287;&#305;tmasayd&#305; uzun s&#252;recekti. Piyasalar bunu elbette bilmiyordu. Geleneksel piyasalar da zaten %20 d&#252;&#351;&#252;nce ay&#305; gelmiyor. Ama en az&#305;ndan her kafadan bir ses &#231;&#305;km&#305;yor.</p><p>Yani?</p><h3>Bug&#252;n?</h3><p>Bu g&#252;r&#252;lt&#252;n&#252;n &#246;n&#252;ne ge&#231;mek i&#231;in ben ki&#351;isel olarak 1 y&#305;ll&#305;k ortalamaya bak&#305;yorum:</p><p>1 y&#305;ll&#305;k ortalaman&#305;n alt&#305;ndaysak ay&#305; piyasas&#305; g&#246;zl&#252;klerimi tak&#305;yorum.</p><p>Nitekim 8 hafta &#246;nce bu g&#246;zl&#252;kleri takt&#305;m. Bu seviyenin &#252;st&#252;ne &#231;&#305;kana kadar bu g&#246;zl&#252;kleri takmaya devam edece&#287;im. &#199;&#252;nk&#252; &#231;ok k&#305;r&#305;lgan bir durumday&#305;z. Ufac&#305;k bir krizde yeni diplerin test edilece&#287;ini san&#305;r&#305;m herkes biliyor.</p><blockquote><p>Ama kurumlar al&#305;yor!</p><p>Ama bu sekt&#246;r&#252;n kar etmesi laz&#305;m!</p><p>Ama ABD ba&#351;kan&#305; destekliyor!</p></blockquote><p>G&#252;zel. O zaman bitcoin de bir zahmet 1 y&#305;ll&#305;k ortalamas&#305;n&#305;n &#252;st&#252;ne &#231;&#305;ks&#305;n o zaman &#128522;</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p>]]></content:encoded></item><item><title><![CDATA[Bitcoin'de Toparlanma İçin En Önemli 2 Dinamik]]></title><description><![CDATA[The Details #209]]></description><link>https://details.buraktamac.com/p/bitcoinde-toparlanma-icin-en-onemli</link><guid isPermaLink="false">https://details.buraktamac.com/p/bitcoinde-toparlanma-icin-en-onemli</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 16 Dec 2025 05:15:38 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!rTBl!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><p>Bitcoin&#8217;de bu d&#246;ng&#252;ye (2023 sonras&#305;) y&#246;n veren 2 dinamik vard&#305;:</p><ol><li><p>ETF</p></li><li><p>Treasury &#350;irketleri</p></li></ol><p>Birisi di&#287;erine g&#246;re daha k&#246;t&#252; durumda.</p><h2>1- ETF</h2><p>Evet, sat&#305;&#351;lar var.</p><p>Ama g&#246;rd&#252;&#287;&#252;m&#252;z gibi korkulacak seviyede de&#287;il. Bunun nedeni en &#246;nemli ETF fonunun (IBIT) <a href="https://x.com/burak_tamac/status/2000604810773680317">ortalama maliyetinin</a> alt&#305;na inmememiz. Hatta en sonra burada destek ald&#305;k.</p><p>&#304;kinci durum daha k&#246;t&#252; &#128071;</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!T10S!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!T10S!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!T10S!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!T10S!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!T10S!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!T10S!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:298500,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/181701211?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!T10S!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!T10S!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!T10S!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!T10S!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b2f6e23-45ee-48c7-838a-f6a357590cda_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><h2>2- Treasury &#350;irketleri</h2><p>A&#351;a&#287;&#305;daki grafik 30 g&#252;nl&#252;k de&#287;i&#351;imi g&#246;steriyor.</p><p>30-day rolling window oldu&#287;u i&#231;in verinin negatif olmas&#305; sat&#305;&#351; yapt&#305;klar&#305; anlam&#305;na gelmez. Sadece bir &#246;ndeki aya g&#246;re negatif oldu&#287;unu g&#246;sterir. Yani talep &#231;ok ciddi d&#252;&#351;&#252;yor.</p><p>Zaten al&#305;m yapsalar kripto haber siteleri hemen payla&#351;&#305;r. &#199;ok fazla t&#305;klama alan pozitif haberler olduklar&#305; i&#231;in.</p><p>Yani?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!rTBl!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!rTBl!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png 424w, https://substackcdn.com/image/fetch/$s_!rTBl!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png 848w, https://substackcdn.com/image/fetch/$s_!rTBl!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png 1272w, https://substackcdn.com/image/fetch/$s_!rTBl!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!rTBl!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png" width="1200" height="789" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:789,&quot;width&quot;:1200,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:null,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!rTBl!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png 424w, https://substackcdn.com/image/fetch/$s_!rTBl!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png 848w, https://substackcdn.com/image/fetch/$s_!rTBl!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png 1272w, https://substackcdn.com/image/fetch/$s_!rTBl!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1a4c8180-e3ac-4a96-b1b7-0ee48237af24_1200x789.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Piyasadan negatif sinyalleri 10 hafta &#246;nce almaya ba&#351;lad&#305;k (<a href="https://x.com/burak_tamac/status/1991853836001026334">burada</a>).</p><p>Bunun nedeni uzun vadeli yat&#305;r&#305;mc&#305;n&#305;n sat&#305;&#351;lar&#305;n&#305; kar&#351;&#305;layan talebin (1 ve 2) ciddi oranda d&#252;&#351;mesi. Saylor haftada 1-2 milyar al&#305;rken, 100 milyon bile art&#305;k haber de&#287;eri ta&#351;&#305;yor. Bitcoin&#8217;in 2024 y&#305;l&#305;ndaki konsolidasyon b&#246;lgesini test etmesi beni &#351;a&#351;&#305;rtmaz (72-76K). Ama bu seviyelerden h&#305;zl&#305; bir &#351;ekilde toparlanmamas&#305; &#351;a&#351;&#305;rt&#305;r.</p><p>&#199;&#252;nk&#252; bu b&#246;lgede ETF ve &#351;irketlerin al&#305;mlar&#305; h&#305;zland&#305;raca&#287;&#305;n&#305; d&#252;&#351;&#252;n&#252;yorum.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p>]]></content:encoded></item><item><title><![CDATA[Yatırımcı davranışı piyasadaki yükselişi nasıl engelliyor? (~100 milyar dolar likidite)]]></title><description><![CDATA[The Details #208]]></description><link>https://details.buraktamac.com/p/yatrmc-davrans-piyasadaki-yukselisi</link><guid isPermaLink="false">https://details.buraktamac.com/p/yatrmc-davrans-piyasadaki-yukselisi</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 09 Dec 2025 11:49:43 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!TBTV!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h2>Yat&#305;r&#305;mc&#305; Davran&#305;&#351;lar&#305;</h2><p>Piyasa rasyonel de&#287;ildir.</p><p>&#199;&#252;nk&#252; piyasa biziz. Bizler ise <strong>&#231;o&#287;u zaman </strong>duygular&#305;m&#305;za g&#246;re karar veririz. Bu da bizi irrasyonel kararlar almaya iter. Veriye bakar&#305;z ve bize net bir &#351;ey s&#246;yler. Ama son 1-2 g&#252;nde okudu&#287;umuz haberler, sosyal medyada g&#246;rd&#252;&#287;&#252;m&#252;z &#8216;analizler&#8217; (influencer falc&#305;lar&#305;n&#305;n) bize farkl&#305; kararlar ald&#305;r&#305;r.</p><p>Bu davran&#305;&#351;sal ekonominin temelidir.</p><p>Di&#287;er tarafta ise efficient theory var: piyasada bilinen her &#351;ey fiyatlanm&#305;&#351;t&#305;r. Yani piyasa rasyoneldir. Peki hangisi do&#287;ru?</p><p>Elbette ikisi de.</p><p>Ama ben <strong>&#246;zellikle trend k&#305;r&#305;l&#305;mlar&#305;nda</strong> davran&#305;&#351;sal ekonomi teorisinin daha a&#231;&#305;klay&#305;c&#305; oldu&#287;unu d&#252;&#351;&#252;n&#252;yorum. Bunun i&#231;in &#231;evremize ve hatta kendimize bakmam&#305;z yeterli. Do&#287;ru veriler ile bize bu davran&#305;&#351;&#305;n r&#246;ntgenini &#231;ekiyor.</p><p>Peki bu piyasa i&#231;in ne ifade ediyor?</p><h2>Zarardaki para</h2><p>Bitcoin&#8217;in 100K alt&#305;na inmesi ve burada kalmas&#305; &#231;ok ciddi bir <a href="https://x.com/burak_tamac/status/1991853836001026334">problem</a>.</p><p>&#199;&#252;nk&#252; &#231;ok fazla likidite zararda. T&#252;m likiditenin %55&#8217;e yak&#305;n&#305; 100K &#252;zerinde maliyetlenmi&#351;. Bu da yat&#305;r&#305;mc&#305;lar&#305;n davran&#305;&#351;lar&#305;n&#305;n de&#287;i&#351;mesine neden oluyor.</p><p>Yani?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!TBTV!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!TBTV!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!TBTV!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!TBTV!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!TBTV!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!TBTV!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:210127,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/181132500?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!TBTV!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!TBTV!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!TBTV!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!TBTV!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61dc9cc1-2dd7-4274-a4dc-5e65c1af1f3a_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><ul><li><p>IBIT yani Blackrock Spot ETF&#8217;i maliyetine indi&#287;imiz destek al&#305;yoruz (k&#305;rm&#305;z&#305; &#231;izgi &#128071;). &#199;&#252;nk&#252; birileri maliyetini korumaya &#231;al&#305;&#351;&#305;yor.</p></li><li><p>90-95K aras&#305;nda ise s&#252;rekli sat&#305;&#351; geliyor. &#199;&#252;nk&#252; birileri maliyetine geldi&#287;inde piyasadan &#252;midini kesti&#287;i i&#231;in sat&#305;yor. <strong>Sadece bu ufak aral&#305;ktaki (90-95K) zarardaki maliyet ortalama 100 milyar dolar</strong>. </p></li></ul><p>Burada iki yat&#305;r&#305;mc&#305; grubunun farkl&#305; davran&#305;&#351;lar&#305; var.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!k_OU!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!k_OU!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png 424w, https://substackcdn.com/image/fetch/$s_!k_OU!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png 848w, https://substackcdn.com/image/fetch/$s_!k_OU!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!k_OU!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!k_OU!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png" width="1456" height="1016" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/be4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1016,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:186837,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/181132500?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!k_OU!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png 424w, https://substackcdn.com/image/fetch/$s_!k_OU!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png 848w, https://substackcdn.com/image/fetch/$s_!k_OU!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!k_OU!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbe4e7411-e268-45d9-82cc-7f044e40e1ed_2352x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Birisi (daha profesyonel, kurumsal ara&#231;lar&#305;, IBIT, kullanan) 2 y&#305;ld&#305;r ald&#305;&#287;&#305; riski koruyor. Di&#287;eri ise hem AI balonu tart&#305;&#351;malar&#305; hem Trump&#8217;tan &#252;midi kesmesi hem de Fed&#8217;den beklentilerin d&#252;&#351;mesi ile &#8216;maliyetine gelince hemen &#231;&#305;kaca&#287;&#305;m&#8217; diyor.</p><p>Bu davran&#305;&#351;lar&#305;n de&#287;i&#351;mesinin nedeni 100K alt&#305;na inmemiz ve burada kalmam&#305;z. Ve haliyle bu y&#252;zden <strong>ilk defa k&#305;r&#305;lan</strong> bir y&#305;ll&#305;k ortalaman&#305;n alt&#305;na inmemiz. Bir ay &#246;nce s&#246;yledi&#287;im gibi ben bir &#246;ncekinde (2021-23) oldu&#287;u gibi buradan &#231;&#305;k&#305;&#351;&#305;n 15 ay s&#252;reci&#287;ini d&#252;&#351;&#252;nm&#252;yorum. Ama buradan &#231;&#305;kman&#305;n kolay oldu&#287;unu s&#246;ylemek zor.</p><p>Bitcoin bu y&#252;zden 95K ve &#252;zerine kendisini kolayca atam&#305;yor.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div><h2><strong>Ge&#231;en hafta fazla okunan yaz&#305;m:</strong></h2><ul><li><p><a href="https://t.me/burak_tamac/1716">98K neden &#246;nemli, sahte destek hangisi?</a></p></li></ul><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com</em></p>]]></content:encoded></item><item><title><![CDATA[2022 Ayı Sezonunun Başında Aldığımız Sinyali (Death Cross değil) 2 Gün Önce Yine Aldık! Yani?]]></title><description><![CDATA[The Details #207]]></description><link>https://details.buraktamac.com/p/2022-ay-sezonunun-basnda-aldgmz-sinyali</link><guid isPermaLink="false">https://details.buraktamac.com/p/2022-ay-sezonunun-basnda-aldgmz-sinyali</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 02 Dec 2025 05:15:41 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!D0L2!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h2>2022 Sinyali</h2><p>Bitcoin 16 Kas&#305;m&#8217;da <a href="https://buraktamac.com/tr/finans/golden-death-cross-nedir/">death cross</a> kesi&#351;imi ya&#351;ad&#305;.</p><p>Death Cross 200D <a href="https://buraktamac.com/tr/finans/hareketli-ortalamalar-sma-ema-nedir/">SMA</a> ile 200D SMA aras&#305;ndaki ili&#351;kidir. Bu olumsuz bir sinyal. Bir di&#287;er ve <strong>daha olumsuz</strong> sinyali ise 30 Kas&#305;m&#8217;da ald&#305;k. Bu defa 365 g&#252;nl&#252;k ortalama 50 g&#252;nl&#252;k ortalaman&#305;n alt&#305;na indi.</p><p>Benzer durumu 2022 Ocak ay&#305;nda, ay&#305; piyasas&#305;n&#305;n ba&#351;&#305;nda g&#246;rm&#252;&#351;t&#252;k.</p><p>Peki bu yine ayn&#305; yerde oldu&#287;umuzu mu g&#246;sterir?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!D0L2!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!D0L2!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!D0L2!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!D0L2!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!D0L2!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!D0L2!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/1500859f-e532-4788-a70a-28de23010568_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:232277,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/180341492?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!D0L2!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!D0L2!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!D0L2!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!D0L2!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1500859f-e532-4788-a70a-28de23010568_2496x1642.png 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Hem evet, hem hay&#305;r.</p><p><strong>Teknik analiz i&#231;in evet</strong>, &#231;&#252;nk&#252; <em>sadece fiyat</em> hareketinde dayal&#305; momentum indikat&#246;rleri bize bu mesaj&#305; &#231;ok net veriyor.</p><p><strong>Temel analize g&#246;re ise hay&#305;r</strong>, &#231;&#252;nk&#252; 2022 Ocak ay&#305;nda Fed QT&#8217;ye ba&#351;layaca&#287;&#305;n&#305; duyurmu&#351; ve devam&#305;nda faiz art&#305;r&#305;mlar&#305;na ba&#351;lam&#305;&#351;t&#305;.</p><p>Bug&#252;n ise Aral&#305;k ay&#305; itibariyle Fed QT&#8217;yi bitirdi&#287;ini resmen duyurdu. Ve piyasan&#305;n karars&#305;z kald&#305;&#287;&#305; soru ne kadar faiz art&#305;raca&#287;&#305; de&#287;il, ne kadar indirece&#287;i y&#246;n&#252;nde.</p><h3>Yani?</h3><p>Bir &#351;eyler k&#305;r&#305;l&#305;p d&#246;k&#252;l&#252;rse Fed zaten yar&#305;nlar yokmu&#351; gibi para basacak (%100 kesin bilgi yayal&#305;m!). </p><p>Ama bu k&#305;r&#305;l&#305;p d&#246;k&#252;lmenin piyasalara orta vadeli maliyeti elbette olacak. S&amp;P500 ve NASDAQ zirveden &#231;ok uzakta de&#287;il. Hafif bir d&#252;zeltme ya&#351;amas&#305; bir &#351;eyleri k&#305;rmaz d&#246;kmez. Ama halihaz&#305;rda bu kadar k&#246;t&#252; sinyal veren Bitcoin ve kripto sekt&#246;r&#252; i&#231;in ayn&#305; &#351;eyi s&#246;ylemek &#231;ok zor.</p><p>Bizi zor haftalar ve aylar bekliyor.</p><p>Son s&#246;z: 2026 nas&#305;l ge&#231;erse ge&#231;sin &#351;unu unutmamak gerekli. Kas&#305;m&#8217;da ABD&#8217;de ara se&#231;imler var ve Trump i&#231;in &#231;ok &#246;nemli.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div><h2><strong>Ge&#231;en hafta fazla okunan yaz&#305;m:</strong></h2><ul><li><p><a href="https://x.com/burak_tamac/status/1993368113673335187?s=20">Her dip neden f&#305;rsat de&#287;ildir? (Nisan&#8217;daki d&#252;&#351;&#252;&#351;ten temel farklar ve k&#305;sa vade beklentim)</a></p></li></ul><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com</em></p>]]></content:encoded></item><item><title><![CDATA[Bu döngüde 4. defa dip yapan RSI daha önce nasıl toparlanmış?]]></title><description><![CDATA[The Details #206]]></description><link>https://details.buraktamac.com/p/bu-dongude-4-defa-dip-yapan-rsi-daha</link><guid isPermaLink="false">https://details.buraktamac.com/p/bu-dongude-4-defa-dip-yapan-rsi-daha</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 25 Nov 2025 05:15:28 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!7X1k!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h2>RSI (<strong>Relative Strength Index)</strong></h2><p>RSI &#231;ok fazla ki&#351;inin takip etti&#287;i bir momentum indikat&#246;r&#252;d&#252;r.</p><p>(14) ise son 2 haftadaki<a class="footnote-anchor" data-component-name="FootnoteAnchorToDOM" id="footnote-anchor-1" href="#footnote-1" target="_self">1</a> a&#351;&#305;r&#305; fiyat hareketlili&#287;ine dair fikir verir. Y&#252;ksek ise a&#351;&#305;r&#305; al&#305;m, d&#252;&#351;&#252;k ise a&#351;&#305;r&#305; sat&#305;m&#305;n yo&#287;un oldu&#287;unu g&#246;sterir. Son d&#246;nemdeki d&#252;&#351;&#252;&#351; ile RSI yine dip yapt&#305;.</p><p>Peki bu ne demek?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!7X1k!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!7X1k!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png 424w, https://substackcdn.com/image/fetch/$s_!7X1k!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png 848w, https://substackcdn.com/image/fetch/$s_!7X1k!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png 1272w, https://substackcdn.com/image/fetch/$s_!7X1k!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!7X1k!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png" width="1456" height="1016" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1016,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:521157,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/179765910?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!7X1k!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png 424w, https://substackcdn.com/image/fetch/$s_!7X1k!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png 848w, https://substackcdn.com/image/fetch/$s_!7X1k!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png 1272w, https://substackcdn.com/image/fetch/$s_!7X1k!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dc985db-d383-4103-afcf-3ce35bd9d94a_1456x1016.png 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>&#214;nce ne olmad&#305;&#287;&#305;n&#305; a&#231;&#305;klayal&#305;m: <strong>RSI dip yapmas&#305;, &#8216;hadi dip yapt&#305; al&#305;m yapal&#305;m&#8217; demek de&#287;ildir</strong>. </p><p>Bu d&#246;ng&#252;de daha &#246;nce 3 defa dip yapt&#305;. Fakat devam eden d&#246;nemdeki fiyat hareketlili&#287;ine dikkatli bakal&#305;m. Fiyat bu b&#246;lgede uzun s&#252;re kal&#305;yor ve &#8216;yeni bir &#351;eyler&#8217; denemeye &#231;al&#305;&#351;&#305;yor. Bunun nedeni fiyat&#305;n destekleri k&#305;rarak d&#252;&#351;mesi ve her deste&#287;in art&#305;k dirence d&#246;n&#252;&#351;mesi.</p><p>&#214;n&#252;m&#252;zde bir &#246;nceki d&#246;ng&#252;de 15 ay k&#305;ramad&#305;&#287;&#305;m&#305;z bir y&#305;ll&#305;k ortalama var (102.5K).</p><p><strong>Benim ki&#351;isel g&#246;r&#252;&#351;&#252;m &#351;u</strong>: bu d&#252;&#351;&#252;&#351;&#252;n verdi&#287;i zarar <a href="https://x.com/burak_tamac/status/1989392145678266757">URPD duvar&#305;n&#305;n y&#305;k&#305;lmas&#305; </a>nedeniyle &#231;ok b&#252;y&#252;k. K&#305;sa vadede toparlanmak ve her &#351;eyin pozitife d&#246;nmesi i&#231;in &#199;OK b&#252;y&#252;k pozitif bir geli&#351;menin olmas&#305; gerekiyor.</p><p>Bu bilinmeyen pozitif geli&#351;me ihtimalini bir kenara b&#305;rak&#305;rsak, Bitcoin muhtemelen &#246;n&#252;m&#252;zdeki aylarda 76-95 aras&#305;nda konsolide olacak. &#199;&#252;nk&#252; y&#305;k&#305;lan URPD duvar&#305; sonras&#305;nda yeni bir duvar i&#231;in bu gerekli.</p><p>Bu konsolidasyon d&#246;neminde fiyat ortalamas&#305; muhtemelen 82-85K civar&#305;nda olur (IBIT ortalama maliyet seviyesi).</p><p>Piyasalar ne yapar bilinmez ama normal &#351;artlarda ihtimali en y&#252;ksek senaryo verilere bakt&#305;&#287;&#305;m&#305;zda bu.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div><h2><strong>Bu hafta fazla okunan yaz&#305;m:</strong></h2><ul><li><p><a href="https://x.com/burak_tamac/status/1991853836001026334">4 veriden olumsuz sinyalleri 6 haftad&#305;r al&#305;yoruz.</a></p></li></ul><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com</em></p><div class="footnote" data-component-name="FootnoteToDOM"><a id="footnote-1" href="#footnote-anchor-1" class="footnote-number" contenteditable="false" target="_self">1</a><div class="footnote-content"><p><em>Bak&#305;lan zaman dilimine g&#246;re de&#287;i&#351;ir, grafikte g&#246;r&#252;len 14 g&#252;nl&#252;kt&#252;r.</em></p><p></p></div></div>]]></content:encoded></item><item><title><![CDATA[BTC için 1 negatif 1 pozitif veri!]]></title><description><![CDATA[The Details #205]]></description><link>https://details.buraktamac.com/p/btc-icin-1-negatif-1-pozitif-veri</link><guid isPermaLink="false">https://details.buraktamac.com/p/btc-icin-1-negatif-1-pozitif-veri</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 18 Nov 2025 05:15:39 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!i0ag!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h2>1- Negatif: URPD</h2><p>URPD muhtemelen en &#246;nemli on-chain verilerden birisi (di&#287;eri <a href="https://buraktamac.com/tr/on-chain/sth-rp-nedir/">STH-RP</a>).</p><p>Bize g&#246;sterdi&#287;i &#351;ey &#351;u: kim, hangi fiyattan, ne kadar bitcoin alm&#305;&#351;.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!i0ag!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!i0ag!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!i0ag!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!i0ag!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!i0ag!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!i0ag!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:207617,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/179160902?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!i0ag!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!i0ag!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!i0ag!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!i0ag!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2dbdc049-1ba3-438a-9085-30a7f967d6fd_2496x1642.png 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Yani 1 dolar ile 126,000 dolar aras&#305;nda ne kadar likidite, nerede maliyetlenmi&#351;. Belli b&#246;lgelerdeki maliyet yo&#287;unlu&#287;u d&#246;ng&#252;ler a&#231;&#305;s&#305;ndan &#231;ok &#246;nemli. &#199;&#252;nk&#252; fiyat bazen %10 d&#252;&#351;t&#252;&#287;&#252;nde kimsenin cebini yakm&#305;yor. Ama bazen ayn&#305; %10 &#231;ok fazla ki&#351;iyi zarara u&#287;rat&#305;yor.</p><p>&#350;u anki seviyedeki karl&#305;l&#305;k oran&#305; %33.</p><p>Yani bitcoin blokzincirine giren ortalama 1 trilyon dolar&#305;n sadece %33&#8217;&#252; karda. S&#305;rt&#305;m&#305;zda ta&#351;&#305;d&#305;&#287;&#305;m&#305;z y&#252;k (zarardaki bitcoin likiditesi) ~670 milyar dolar. Bu iki a&#231;&#305;dan &#231;ok k&#246;t&#252;:</p><ol><li><p>Yukar&#305; &#231;&#305;karken maliyetine gelenlerin satmas&#305; ile olu&#351;acak diren&#231;ler.</p></li><li><p>A&#351;a&#287;&#305; inerken desteklerin &#231;ok zay&#305;f olmas&#305;.</p></li></ol><p>Peki pozitif veri hangisi?</p><h2>2- Pozitif: STH-SOPR</h2><p>K&#305;sa vadelilerin fiyat hareketine davran&#305;&#351;lar&#305; d&#246;ng&#252;ler a&#231;&#305;s&#305;ndan &#231;ok &#246;nemli. SOPR verisi bize bu grubun realize etti&#287;i kar/zarar oran&#305;n&#305; g&#246;steriyor.</p><p>Grafikte de g&#246;rd&#252;&#287;&#252;m&#252;z gibi zarar&#305;na sat&#305;&#351;lar var, ama <strong>hala panik yok</strong>. Hem VIX hem de G&#252;mr&#252;k vergileri krizinde daha k&#246;t&#252; bir tablo vard&#305;. Ki&#351;isel yorumum &#351;u:</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!npXS!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!npXS!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!npXS!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!npXS!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!npXS!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!npXS!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/dffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:232700,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/179160902?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!npXS!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!npXS!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!npXS!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!npXS!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdffdd7d6-8759-4cb4-bbd4-0ab8fdff1ef7_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Piyasalar k&#246;t&#252;, evet. </p><p>Ama pani&#287;e neden olacak bir durum yok. Ani bir kriz yok. &#350;u anda mevcut durum k&#246;t&#252;. Bunun nedeni &#351;irket ve ETF al&#305;mlar&#305;n&#305;n d&#252;&#351;mesi ile <a href="https://t.me/burak_tamac/1691">aylard&#305;r s&#252;ren uzun vadeli sat&#305;&#351;lar&#305;n&#305;</a> kar&#351;&#305;layam&#305;yor olmas&#305;. Olas&#305; bir k&#246;t&#252; haber ve kriz senaryosunda alt&#305;m&#305;zdaki destekler &#231;ok zay&#305;f.</p><p>&#304;kinci iyi haber ise NASDAQ ile ilgili.</p><p>NASDAQ endeksi (IXIC) k&#246;t&#252; bir hafta ge&#231;irmesine ra&#287;men 50D <a href="https://buraktamac.com/tr/finans/hareketli-ortalamalar-sma-ema-nedir/">SMA</a>&#8217;ya tutundu. Bu hafta buradan destek ald&#305;&#287;&#305; durumda toparlanma bitcoin&#8217;e de yans&#305;yabilir.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!ryIL!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!ryIL!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png 424w, https://substackcdn.com/image/fetch/$s_!ryIL!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png 848w, https://substackcdn.com/image/fetch/$s_!ryIL!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png 1272w, https://substackcdn.com/image/fetch/$s_!ryIL!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!ryIL!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png" width="1456" height="1165" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/e551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1165,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:158632,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/179160902?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!ryIL!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png 424w, https://substackcdn.com/image/fetch/$s_!ryIL!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png 848w, https://substackcdn.com/image/fetch/$s_!ryIL!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png 1272w, https://substackcdn.com/image/fetch/$s_!ryIL!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe551c525-4712-432a-82ac-9f7befd5b1bf_1492x1194.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><div><hr></div><h2><strong>Notlar:</strong></h2><ul><li><p><a href="https://x.com/burak_tamac/status/1989392145678266757">URPD duvar&#305; y&#305;k&#305;ld&#305;!</a></p></li></ul><div><hr></div><p>Sponsorsuz not:</p><p>Bir takip&#231;im yeni bir &#351;irket kurmu&#351; ve benden rica etti payla&#351;mam i&#231;in. &#304;lgilenenler bakabilir. Kendi notu:</p><blockquote><p><a href="https://mezetto.co.uk/">Mezetto</a>, Avrupa, Birle&#351;ik Krall&#305;k, ABD ve Avustralya&#8217;daki T&#252;rk okurlar&#305;n T&#252;rk&#231;e bas&#305;l&#305; kitaplara eri&#351;imini ve kargo s&#252;recini kolayla&#351;t&#305;ran &#231;evrim i&#231;i bir ma&#287;azad&#305;r.</p></blockquote><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com</em></p>]]></content:encoded></item><item><title><![CDATA[Bu hafta Bitcoin için kritik 2 seviye]]></title><description><![CDATA[The Details #204]]></description><link>https://details.buraktamac.com/p/bu-hafta-bitcoin-icin-kritik-2-seviye</link><guid isPermaLink="false">https://details.buraktamac.com/p/bu-hafta-bitcoin-icin-kritik-2-seviye</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 11 Nov 2025 05:15:35 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!zegw!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><p>Bu b&#252;lteni Baltimore-Boston treninden yaz&#305;yorum.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!3DlI!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!3DlI!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png 424w, https://substackcdn.com/image/fetch/$s_!3DlI!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png 848w, https://substackcdn.com/image/fetch/$s_!3DlI!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png 1272w, https://substackcdn.com/image/fetch/$s_!3DlI!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!3DlI!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png" width="1106" height="1442" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/edde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1442,&quot;width&quot;:1106,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:2888325,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/178488798?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!3DlI!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png 424w, https://substackcdn.com/image/fetch/$s_!3DlI!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png 848w, https://substackcdn.com/image/fetch/$s_!3DlI!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png 1272w, https://substackcdn.com/image/fetch/$s_!3DlI!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fedde5835-84ab-4ecb-adf6-106549db1242_1106x1442.png 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Hafta sonu Eralp&#8217;i g&#246;rmek i&#231;in Miami&#8217;ye <a href="https://x.com/burak_tamac/status/1987240866252194121">gittim</a>, d&#246;n&#252;&#351; u&#231;a&#287;&#305;m iptal oldu. &#304;ki g&#252;nd&#252;r oradan oraya bir &#351;ekilde eve gelmeye &#231;al&#305;&#351;&#305;yorum. Yapacak &#231;ok i&#351;im var ama en sevdi&#287;im &#351;ey Pazartesi g&#252;nleri bu b&#252;lteni yazmak &#128522;</p><div><hr></div><p>Muhtemelen bu hafta bitcoin&#8217;de karar haftas&#305; ve bence 2 veri bize net bir sinyal verecek.</p><h3>1) STH-RP</h3><p><strong>Bo&#287;a piyasas&#305; normaline</strong> d&#246;nmemiz i&#231;in Bitcoin&#8217;in bir an &#246;nce <a href="https://buraktamac.com/tr/on-chain/sth-rp-nedir/">STH-RP</a>&#8217;nin &#252;st&#252;ne &#231;&#305;kmas&#305; gerekir (112K). Yani k&#305;sa vadelilerin maliyeti. Bu seviyenin alt&#305;nda ne kadar uzun s&#252;re kal&#305;rsak, uzun s&#252;reli bir d&#252;&#351;&#252;&#351; riski o kadar artar.</p><p><strong>&#214;zellikle</strong> bu seviyede diren&#231; g&#246;r&#252;rsek!</p><p>&#199;&#252;nk&#252; bu bize yeni yat&#305;r&#305;mc&#305;n&#305;n kar almay&#305; beklemeden, maliyetine satt&#305;&#287;&#305;n&#305; g&#246;sterir. Hi&#231;bir bo&#287;a piyasas&#305; bu ko&#351;ullarda ilerleyemez.</p><p>Peki a&#351;a&#287;&#305;da bizi bekleyen destek neresi?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!zegw!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!zegw!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png 424w, https://substackcdn.com/image/fetch/$s_!zegw!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png 848w, https://substackcdn.com/image/fetch/$s_!zegw!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!zegw!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!zegw!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png" width="1456" height="1016" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1016,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:221102,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/178488798?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!zegw!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png 424w, https://substackcdn.com/image/fetch/$s_!zegw!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png 848w, https://substackcdn.com/image/fetch/$s_!zegw!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!zegw!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ab50d-cae9-423a-902e-445720541bb3_2352x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">Ye&#351;il &#231;izgi 1 y&#305;ll&#305;k ortalamay&#305;, k&#305;rm&#305;z&#305; &#231;izgi ise STH-RP&#8217;yi g&#246;stermektedir.</figcaption></figure></div><h3>2) 1 y&#305;ll&#305;k ortalama</h3><p>Bu d&#246;ng&#252;de hala hi&#231; k&#305;r&#305;lmad&#305; diyebiliriz.</p><p>Bu seviyenin alt&#305;nda sadece bir g&#252;n kapatt&#305; (ge&#231;en hafta Per&#351;embe). Bu seviye &#246;nemli &#231;&#252;nk&#252; bir &#246;nceki d&#246;ng&#252;de ise do&#287;ru sinyal verdi.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!20O-!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!20O-!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!20O-!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!20O-!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!20O-!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!20O-!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:178255,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/178488798?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!20O-!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!20O-!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!20O-!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!20O-!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F56f3abd0-2934-4340-b9d8-aadd687e3f20_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>D&#252;n X&#8217;de bu haftan&#305;n &#246;nemli oldu&#287;undan <a href="https://x.com/burak_tamac/status/1987520079337263450">bahsetmi&#351;tim</a>.</p><p>&#350;imdilik &#252;st&#252;ne &#231;&#305;kt&#305;k. Ama herkesin g&#246;z&#252; bir veride olacak &#128071;</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!VAab!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!VAab!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png 424w, https://substackcdn.com/image/fetch/$s_!VAab!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png 848w, https://substackcdn.com/image/fetch/$s_!VAab!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png 1272w, https://substackcdn.com/image/fetch/$s_!VAab!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!VAab!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png" width="1188" height="1334" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1334,&quot;width&quot;:1188,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:492989,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/178488798?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!VAab!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png 424w, https://substackcdn.com/image/fetch/$s_!VAab!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png 848w, https://substackcdn.com/image/fetch/$s_!VAab!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png 1272w, https://substackcdn.com/image/fetch/$s_!VAab!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F20587f27-2533-4ae6-b126-52de7d642ca0_1188x1334.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><h4>ETF giri&#351;leri!</h4><p>Bug&#252;nk&#252; y&#252;kseli&#351;in ETF giri&#351;lerini tetiklemesi gerekli. </p><p>Piyasan&#305;n g&#246;z&#252; yine spot Bitcoin ETF&#8217;lerine giri&#351;lerde, yani yine bitcoin&#8217;de olacak. Kripto sekt&#246;r&#252;nde total bir y&#252;kseli&#351; i&#231;in bitcoin&#8217;in piyasaya g&#252;ven vermesi &#351;art. Bunun i&#231;in de takip edilece &#231;ok veri var.</p><p>Ama bence en &#246;nemlisi <a href="https://buraktamac.com/tr/on-chain/sth-rp-nedir/">STH-RP</a>.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!GoaG!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!GoaG!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!GoaG!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!GoaG!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!GoaG!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!GoaG!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:225117,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/178488798?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!GoaG!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!GoaG!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!GoaG!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!GoaG!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1d731d78-464f-4310-9ab7-6e514cdc5abe_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div><h2><strong>Notlar:</strong></h2><ul><li><p><a href="https://x.com/burak_tamac/status/1986871990494634304">Piyasa neden d&#252;&#351;&#252;yor?</a></p></li><li><p><a href="https://x.com/burak_tamac/status/1986036825518125545">Bitcoin hi&#231; inmedi&#287;i 1 y&#305;ll&#305;k ortalama (102K) alt&#305;na inince ka&#231;al&#305;m m&#305;?</a></p></li></ul><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com</em></p>]]></content:encoded></item><item><title><![CDATA[SOPR nedir ve yatırımcılara ne fayda sağlar?]]></title><description><![CDATA[The Details #203]]></description><link>https://details.buraktamac.com/p/sopr-nedir-ve-yatrmclara-ne-fayda</link><guid isPermaLink="false">https://details.buraktamac.com/p/sopr-nedir-ve-yatrmclara-ne-fayda</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 04 Nov 2025 05:15:30 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!QLXU!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><p>Piyasada yat&#305;r&#305;mc&#305;lar ne zaman panik yapar? Ya da a&#231;g&#246;zl&#252; davran&#305;r?</p><p>On-chain indikat&#246;rler, yani blokzincir verileri bizlere piyasan&#305;n anl&#305;k r&#246;ntgenin &#231;eker. &#214;zellikle k&#305;sa ve uzun vadeli SOPR verisi yat&#305;r&#305;mc&#305;lar&#305;n karla m&#305; yoksa zararla m&#305; sat&#305;&#351; yapt&#305;&#287;&#305;n&#305; g&#246;sterir.</p><p>Peki nedir SOPR?</p><h2>SOPR Nedir?</h2><p>SOPR (Spent Output Profit Ratio), yani Harcanan &#199;&#305;kt&#305; Kar Oran&#305;, asl&#305;nda &#231;ok basit bir mant&#305;&#287;a dayan&#305;r. Gelin bunu bir manav &#246;rne&#287;iyle anlayal&#305;m.</p><p>Manav sahibi kilosunu 10 TL&#8217;ye domates alm&#305;&#351; olsun. E&#287;er bu domatesleri 12 TL&#8217;ye satarsa kar eder, 8 TL&#8217;ye satarsa zarar eder, 10 TL&#8217;ye satarsa maliyetini kurtarm&#305;&#351; olur. SOPR da tam olarak sat&#305;lan bitcoin&#8217;lerin, al&#305;nd&#305;klar&#305; fiyata g&#246;re ortalama ne durumda oldu&#287;unu bize s&#246;yler.</p><p>Bu basit oran, yat&#305;r&#305;mc&#305; psikolojisini anlamak i&#231;in bize &#231;ok g&#252;&#231;l&#252; bir sinyal verir.</p><p>Peki bu oran&#305; nas&#305;l okumal&#305;y&#305;z?</p><h2>SOPR Nas&#305;l Yorumlan&#305;r?</h2><p>T&#252;m veri 1.00 rakam&#305; ile alakal&#305;d&#305;r.</p><p>Bu seviye, yat&#305;r&#305;mc&#305;lar&#305;n maliyet seviyesidir.</p><ul><li><p>E&#287;er SOPR oran&#305; <strong>1&#8217;in &#252;zerindeyse</strong>, yat&#305;r&#305;mc&#305;lar ortalama olarak karla sat&#305;&#351; yap&#305;yor demektir. Bu durum genellikle piyasadaki iyimserli&#287;i ve kar alma i&#351;tah&#305;n&#305; g&#246;sterir.</p></li><li><p>E&#287;er SOPR oran&#305; <strong>1&#8217;in alt&#305;ndaysa</strong>, yat&#305;r&#305;mc&#305;lar ortalama olarak zarar&#305;na sat&#305;&#351; yap&#305;yor demektir. Bu da piyasada korku, panik ve inanc&#305;n kayboldu&#287;una dair sinyal verir.</p></li><li><p>E&#287;er SOPR oran&#305; 1&#8217;e e&#351;it veya &#231;ok yak&#305;nsa, piyasa bir nevi karars&#305;zd&#305;r; yat&#305;r&#305;mc&#305;lar maliyetlerine yak&#305;n bir yerden sat&#305;&#351; yap&#305;yordur.</p></li></ul><p>&#199;evremizde hep duydu&#287;umuz &#8216;maliyetine gelince sat&#305;p &#231;&#305;kaca&#287;&#305;m&#8217; ifadesinin kar&#351;&#305;l&#305;&#287;&#305; SOPR 1.00 oran&#305;d&#305;r.</p><p>Peki bu veri bo&#287;a ve ay&#305; piyasas&#305;nda nas&#305;l yorumlanmal&#305;d&#305;r?</p><h2>Bo&#287;a ve Ay&#305; Piyasalar&#305;nda SOPR Yorum Fark&#305;</h2><p>&#214;nce bo&#287;a piyasas&#305;na bakal&#305;m.</p><p>Bo&#287;a piyasalar&#305;nda, fiyatlar d&#252;&#351;meye ba&#351;lad&#305;&#287;&#305;nda SOPR de&#287;eri de 1 seviyesine do&#287;ru geriler ve genellikle bu seviyeden destek bularak tekrar yukar&#305; d&#246;ner; bu &#8220;d&#252;&#351;&#252;&#351;&#252; sat&#305;n alma&#8221; davran&#305;&#351;&#305;d&#305;r.</p><p>Ay&#305; piyasalar&#305;nda ise tam tersi olur; fiyatlar y&#252;kseldi&#287;inde SOPR de&#287;eri 1 seviyesine tak&#305;l&#305;r ve bu seviye bir diren&#231; g&#246;revi g&#246;r&#252;r; bu da &#8220;maliyeti kurtarma&#8221; davran&#305;&#351;&#305;d&#305;r.</p><p>A&#351;a&#287;&#305;daki grafikte 2020&#8217;den bug&#252;ne ya&#351;ad&#305;&#287;&#305;m&#305;z y&#252;kseli&#351; ve d&#252;&#351;&#252;&#351; d&#246;nemlerinde yat&#305;r&#305;mc&#305;lar&#305;n nas&#305;l tepki verdiklerini g&#246;rebiliriz. Bo&#287;a d&#246;nemlerindeki d&#252;&#351;&#252;&#351;lerde SOPR verisi negatif olsa da zarar&#305;na sat&#305;&#351;lar g&#246;rece d&#252;&#351;&#252;k seviyede kal&#305;yor. Bu da bo&#287;a trendine olan inanc&#305;n devam etti&#287;ini ama k&#305;sa vadeli (STH-SOPR) yat&#305;r&#305;mc&#305;n&#305;n panik sat&#305;&#351;lar&#305; yapt&#305;klar&#305;n&#305; g&#246;steriyor.</p><p>Yani?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!ziZb!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!ziZb!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!ziZb!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!ziZb!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!ziZb!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!ziZb!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/c6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:226352,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/177829178?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!ziZb!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!ziZb!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!ziZb!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!ziZb!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc6e727f9-e66f-4744-80d3-ecc1319a3cc2_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p></p><h2>2024-25 Bo&#287;as&#305; ve SOPR</h2><p>&#304;&#231;inde bulundu&#287;umuz d&#246;ng&#252;de ise SOPR verisi lokal tepelerin olu&#351;tu&#287;una dair net bir fikir verir.</p><p>7 g&#252;nl&#252;k EMA verisi son 2 y&#305;ldaki lokal tepelerde kar al&#305;mlar&#305;n&#305;n ne kadar artt&#305;&#287;&#305;n&#305; net bir &#351;ekilde ortaya koymaktad&#305;r. Peki k&#305;sa vadeli (STH, Short Term Holder) ve uzun vadeli (LTH, Long Term Holder) SOPR verileri aras&#305;ndaki fark nedir?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!QLXU!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!QLXU!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!QLXU!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!QLXU!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!QLXU!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!QLXU!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/b7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:233002,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/177829178?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!QLXU!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!QLXU!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!QLXU!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!QLXU!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb7be87f3-1d1b-4aa0-8ce8-e37f9c63ed39_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p></p><h2>STH-SOPR (Short Term Holder SOPR) ve LTH (Long Term Holder SOPR) Aras&#305;ndaki Fark Nedir?</h2><p>On-chain analizde UTXO&#8217;lar ya&#351;lar&#305;na g&#246;re bir&#231;ok gruba ayr&#305;labilir:</p><ul><li><p>1-3 ay</p></li><li><p>3-6 ay</p></li><li><p>6-12 ay</p></li><li><p>1-3 sene</p></li><li><p>3-5 sene</p></li><li><p>5-7 sene</p></li><li><p>7-10 sene</p></li><li><p>10+ sene</p></li></ul><p>Bu her ya&#351; grubunun ayr&#305; bir maliyet seviyesi (Realized Price), PnL Oran&#305; (MVRV) ve kar/zarar sat&#305;&#351; oran&#305; (SOPR) vard&#305;r. Bu ya&#351;lar&#305; daha basit hale getirmek i&#231;in 155 g&#252;n se&#231;ilir. 155 g&#252;n&#252;n se&#231;ilmesindeki sebep istatistiki bir ara&#351;t&#305;rma sonras&#305;nda 155 g&#252;n boyunca hodl edebilen bitcoin yat&#305;r&#305;mc&#305;s&#305;n&#305;n bu g&#252;nden sonra panik sat&#305;&#351;&#305; yapma ihtimalinin &#231;ok azalmas&#305;d&#305;r.</p><p>Bu y&#252;zden 155 g&#252;nden az yat&#305;r&#305;mc&#305;lara K&#305;sa Vadeli (Short Term Holder), 155 g&#252;nden falza yat&#305;r&#305;mc&#305;lara ise Uzun Vadeli (Long Term Holder) denir. SOPR verisini de bu kategorilerde inceledi&#287;imizde kar&#351;&#305;m&#305;za &#231;ok net bir tablo &#231;&#305;kar.</p><p>&#304;lk grafik k&#305;sa vadeli yat&#305;r&#305;mc&#305;n&#305;n d&#252;zeltmelerde nas&#305;l panik ile zarar sat&#305;&#351;lar&#305; yapt&#305;&#287;&#305;n&#305; net bir &#351;ekilde g&#246;sterir. Peki uzu vadeli yat&#305;r&#305;mc&#305;?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!Y6gO!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!Y6gO!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!Y6gO!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!Y6gO!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!Y6gO!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!Y6gO!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:231167,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/177829178?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!Y6gO!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!Y6gO!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!Y6gO!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!Y6gO!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F75f7f45c-c1d7-4d7a-a017-3d832009a006_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p></p><p>Uzun vadeli yat&#305;r&#305;mc&#305; ise sadece ay&#305; d&#246;nemlerinin dip noktalar&#305;nda panikler. Yani daha tecr&#252;beli yat&#305;r&#305;mc&#305;n&#305;n eli g&#252;&#231;l&#252;d&#252;r ama ay&#305; piyasas&#305; maalesef onlar&#305; da panikletir. FTX krizinde bu yat&#305;r&#305;mc&#305; grubunun panik sat&#305;&#351;lar&#305;n&#305; a&#351;a&#287;&#305;daki grafikten g&#246;rebiliriz.</p><p>Peki son olarak adjusted SOPR nedir?</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!qBA-!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!qBA-!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!qBA-!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!qBA-!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!qBA-!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!qBA-!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/a8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:118867,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/177829178?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!qBA-!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!qBA-!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!qBA-!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!qBA-!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa8a66054-6a28-4d4c-a472-b25315151ce7_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p></p><h2>aSOPR (Adjusted SOPR) Nedir?</h2><p>Standart SOPR verisi bazen anlams&#305;z sinyaller i&#231;erebilir.</p><p>&#304;&#351;te bu noktada Ayarlanm&#305;&#351; SOPR, yani Adjusted SOPR (aSOPR) verisi devreye girer. aSOPR, &#246;mr&#252; bir saatten az olan &#231;ok k&#305;sa s&#252;reli transferleri dikkate almaz, &#231;&#252;nk&#252; bunlar genellikle ger&#231;ek al&#305;m-sat&#305;m i&#351;lemleri de&#287;ildir. Bu filtreleme sayesinde, ekonomik anlam&#305; olmayan transferlerin yaratt&#305;&#287;&#305; g&#252;r&#252;lt&#252; temizlenir ve piyasan&#305;n ger&#231;ek kar-zarar durumu daha net bir &#351;ekilde ortaya &#231;&#305;kar.</p><p>K&#305;sacas&#305; aSOPR, g&#252;r&#252;lt&#252;y&#252; azaltarak bize daha net bir resim sunar.</p><p>Bu veri genellikle k&#305;sa vadeli (anl&#305;k ve saatlik) risk analizlerinde kullan&#305;l&#305;r.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!JUms!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!JUms!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!JUms!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!JUms!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!JUms!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!JUms!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/bb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:122885,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/177829178?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!JUms!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!JUms!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!JUms!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!JUms!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbb1536e7-1d42-4692-9bdb-c31dae39646f_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p></p><h2>Sonu&#231;</h2><p>&#214;zetle:</p><ul><li><p>MVRV bize realize edilmemi&#351; kar/zarar oran&#305;n&#305; g&#246;sterir. Yani c&#252;zdan&#305;m&#305;za bakt&#305;&#287;&#305;m&#305;zda g&#246;rd&#252;&#287;&#252;m&#252;z PnL oran&#305;.</p></li><li><p>SOPR ise sat&#305;&#351; sonras&#305; ortaya &#231;&#305;kan kar/zarar oran&#305;n&#305; g&#246;sterir.</p></li><li><p>Bo&#287;a piyasalar&#305;nda &#246;zellikle k&#305;sa vadeli yat&#305;r&#305;mc&#305; panik sat&#305;&#351;lar&#305; yapar (STH-SOPR).</p></li><li><p>Ay&#305; piyasalar&#305;nda ise en dip seviyelerde uzun vadeli yat&#305;r&#305;mc&#305;lar da zarar ederek piyasadan &#231;&#305;karlar (LTH-SOPR).</p></li><li><p>Bo&#287;a piyasas&#305;nda lokal tepelerde ise iki yat&#305;r&#305;m&#305;c&#305; grubu da kar sat&#305;&#351;lar&#305;na h&#305;z verir.</p></li></ul><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div><h2><strong>Notlar:</strong></h2><ul><li><p><a href="https://x.com/burak_tamac/status/1983976217687859641">Balon var ama finans balonu de&#287;il, end&#252;stri balonu!</a></p></li><li><p><a href="https://x.com/burak_tamac/status/1983620125795529190">Aylard&#305;r uyard&#305;&#287;&#305;m &#351;eyin ilk ad&#305;m&#305;!</a></p></li></ul><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com</em></p><p></p><div><hr></div><p>Bu yaz&#305;n&#305;n orijinali https://buraktamac.com/tr/on-chain/sopr-nedir/ adresinde yay&#305;nlanm&#305;&#351;t&#305;r.</p>]]></content:encoded></item><item><title><![CDATA[Bitcoin'de trendin pozitife döndüğünü gösteren 2 seviye ✅✅ (3. veri sınırda⏳)]]></title><description><![CDATA[The Details #202]]></description><link>https://details.buraktamac.com/p/bitcoinde-trendin-pozitife-dondugunu</link><guid isPermaLink="false">https://details.buraktamac.com/p/bitcoinde-trendin-pozitife-dondugunu</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 28 Oct 2025 05:15:35 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!KA6u!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><p>29 Ekim Cumhuriyet Bayram&#305;m&#305;z kutlu olsun.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!NYOA!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!NYOA!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg 424w, https://substackcdn.com/image/fetch/$s_!NYOA!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg 848w, https://substackcdn.com/image/fetch/$s_!NYOA!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!NYOA!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!NYOA!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg" width="640" height="606" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/f8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:606,&quot;width&quot;:640,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:&quot;29 Ekim Cumhuriyet Bayram&#305;&quot;,&quot;title&quot;:null,&quot;type&quot;:null,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="29 Ekim Cumhuriyet Bayram&#305;" title="29 Ekim Cumhuriyet Bayram&#305;" srcset="https://substackcdn.com/image/fetch/$s_!NYOA!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg 424w, https://substackcdn.com/image/fetch/$s_!NYOA!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg 848w, https://substackcdn.com/image/fetch/$s_!NYOA!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg 1272w, https://substackcdn.com/image/fetch/$s_!NYOA!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ff8542286-210a-4262-bd82-6a0d05ec96e1_640x606.jpeg 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><div><hr></div><p>Bitcoin&#8217;de d&#246;nemsel olarak takip edilmesi gereken teknik ve on-chain veriler farkl&#305;l&#305;k g&#246;sterebilir. Bunun nedeni o d&#246;neme ait risk primidir. Ekim ay&#305;nda a&#351;a&#287;&#305; y&#246;nl&#252; 1 y&#305;ll&#305;k ortalaman&#305;n (101.2K) ne kadar &#246;nemli oldu&#287;unu hat&#305;rlatm&#305;&#351;t&#305;m.</p><p>&#350;imdi ise k&#305;sa vadeli trend ile alakal&#305; pozitif bir durum var.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!u32F!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!u32F!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png 424w, https://substackcdn.com/image/fetch/$s_!u32F!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png 848w, https://substackcdn.com/image/fetch/$s_!u32F!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!u32F!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!u32F!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png" width="1456" height="1016" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1016,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:256420,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/177275028?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!u32F!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png 424w, https://substackcdn.com/image/fetch/$s_!u32F!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png 848w, https://substackcdn.com/image/fetch/$s_!u32F!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!u32F!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F48922ccb-c9b8-4f76-9c65-ec5eedfe5c39_2352x1642.png 1456w" sizes="100vw"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>Ben bu yaz&#305;y&#305; kaleme al&#305;rken bitcoin fiyat&#305; 114.7K.</p><h3><strong>1- 50D SMA</strong></h3><p>Yani 50 g&#252;nl&#252;k basit hareketli ortalama (Simple Moving Average). Son 50 g&#252;ndeki ortalama fiyat bize kabaca son 50 g&#252;ndeki ortalama maliyete dair bir fikir verir.</p><p>&#9989; 114.3K</p><h3><strong>2- STH-RP</strong></h3><p>Bu on-chain indikat&#246;r ise son 155 g&#252;ndeki ortalama maliyete dair daha g&#252;&#231;l&#252; bir veri sa&#287;lar. &#199;&#252;nk&#252; fiyata de&#287;il, realized price yani ger&#231;ekle&#351;mi&#351; de&#287;er verisine dayan&#305;r.</p><p>&#9989; 113.2K</p><h3><strong>3- 111D SMA</strong></h3><p>Bu ise 111 g&#252;nl&#252;k ortalama.</p><p>Normalde finans piyasalar&#305;nda takip edilen bir veri de&#287;il. &#199;&#252;nk&#252; 50-100-200 g&#252;nl&#252;k ortalamalar takip edilir. Ama bitcoin i&#231;in &#246;zel bir durum var. Pi Cycle Top indikat&#246;r&#252; nedeniyle 111 g&#252;nl&#252;k ortalama bitcoin i&#231;in &#246;nemli bir seviye. Sebebi tamamen takip edilmesi. Kerem ile <a href="https://x.com/burak_tamac/status/1763979436188119465">burada</a> konu&#351;mu&#351;tuk.</p><p>Yoksa bizi 111&#8217;de durduran bir &#351;ey yok &#128522;</p><p>&#9203; 114.9K</p><p>Bu seviyeyi hen&#252;z ge&#231;emedik ama yak&#305;n&#305;z.</p><p>Yani?</p><h2>Sonu&#231;</h2><p>Normalde bu seviyelerin bir tanesini ge&#231;mek pozitif bir durumken, &#351;imdi &#252;&#231;&#252;n&#252; ayn&#305; anda ge&#231;mek &#252;zereyiz. </p><p>Bu elbette pozitif bir geli&#351;me. </p><p>Ancak &#231;ok k&#305;r&#305;lgan bir piyasada oldu&#287;umuzu unutmamak gerekli. A&#351;&#305;r&#305; de&#287;erlenen endeksler nedeniyle piyasa &#8216;g&#252;zel bir d&#252;zeltme olsa da &#351;i&#351;kinlik azalsa&#8217; havas&#305;nda. Buna benzer yorumlar&#305; finans sekt&#246;r&#252;ndeki &#252;nl&#252; ki&#351;ilerin a&#287;z&#305;ndan hep duyuyoruz.</p><p>Ben riskimi art&#305;rd&#305;m, &#231;&#252;nk&#252; veri bunu s&#246;yl&#252;yor. Ama verileri ve geli&#351;meleri normalden daha dikkatli takip ediyorum.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div><h2><strong>Bu hafta &#246;nemli geli&#351;me var m&#305;?</strong></h2><p>29 Ekim&#8217;de FOMC var. <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html?redirect=/trading/interest-rates/countdown-to-fomc.html">Beklenti</a> 25bp faiz indirimi.</p><div><hr></div><h2><strong>Notlar:</strong></h2><ul><li><p><a href="https://x.com/burak_tamac/status/1981439283962794170">Y&#252;kseli&#351;in devam etmesi i&#231;in &#214;NCE &#351;u gerekli.</a></p></li></ul><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com</em></p>]]></content:encoded></item><item><title><![CDATA[Altının yükselmesi bitcoin için neden pozitif?]]></title><description><![CDATA[The Details #201]]></description><link>https://details.buraktamac.com/p/altnn-yukselmesi-bitcoin-icin-neden</link><guid isPermaLink="false">https://details.buraktamac.com/p/altnn-yukselmesi-bitcoin-icin-neden</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 21 Oct 2025 05:15:22 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!KA6u!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><p>Ekonomist olmaya gerek yok. Basit d&#252;&#351;&#252;nelim:</p><h2><strong>1- Birisi alt&#305;n&#305; neden al&#305;r?</strong></h2><p>Elbette risk almak i&#231;in de&#287;il.</p><p>Aksine, riskten korunmak i&#231;in. Zaten alt&#305;n bu y&#252;zden <a href="https://x.com/burak_tamac/status/1734185519368552638">risk-off</a> bir varl&#305;kt&#305;r. Tahviller de benzer bir i&#351;levi g&#246;r&#252;r. Bu varl&#305;klar&#305; almak i&#231;in tek bir nedeniniz vard&#305;r: Kendinizi (eme&#287;inizi) korumak.</p><p>Peki alt&#305;n neden art&#305;yor?</p><h2><strong>2- Bu birileri kimler?</strong></h2><p>Herkes alt&#305;n al&#305;yor.</p><p>Kuyruklar&#305; g&#246;rm&#252;&#351;s&#252;n&#252;zd&#252;r. Ama <strong>en &#246;nemli al&#305;c&#305;lar merkez bankalar&#305;</strong>. Yani devletler. Bunun nedeni &#246;nce Afganistan sonra Rusya&#8217;ya kar&#351;&#305; ABD&#8217;nin kabaday&#305;l&#305;k yapmas&#305;. Obama gitmeden &#246;nce uyarm&#305;&#351;t&#305;. Bu konuyu 5 ay &#246;nce D&#252;nya Alt&#305;n Konseyi Raporu&#8217;na bakarak <a href="https://x.com/burak_tamac/status/1979604159092736318">burada</a> yazm&#305;&#351;t&#305;m.</p><p>Peki bitcoin i&#231;in neden iyi?</p><h2><strong>Sonu&#231; &#9989;</strong></h2><p>Bitcoin de alt&#305;n gibi <a href="https://x.com/burak_tamac/status/1734185519368552638">risk-off</a> bir varl&#305;k.</p><p>Ama <strong>benimsenme d&#246;neminin ba&#351;&#305;nda oldu&#287;u i&#231;in</strong> &#351;u anda riskli bir varl&#305;k stat&#252;s&#252;nde. &#199;&#252;nk&#252; bitcoin alanlar riskten korunmak i&#231;in de&#287;il, risk almak i&#231;in bitcoin al&#305;yorlar. Sebebi volatilite. Ancak bitcoin uzun vadede ba&#351;ar&#305;l&#305; olursa, bu bitcoin risk-off bir varl&#305;k oldu&#287;u i&#231;in olacak.</p><p>&#199;&#252;nk&#252; bitcoin paran&#305;n de&#287;er kaybetmesinden (debasement) korunmak i&#231;in ortaya &#231;&#305;km&#305;&#351; bir varl&#305;kt&#305;r.</p><p>&#350;u anda bu d&#246;nemden (riskli) ge&#231;mesi normal.</p><p>Paran&#305;n tarihi ile alakal&#305; herhangi bir kitab&#305; okudu&#287;umuzda, alt&#305;n, g&#252;m&#252;&#351;, tuz, bilye, deniz kabu&#287;u... t&#252;m bu varl&#305;klar&#305;n &#246;nce riskli bir yat&#305;r&#305;m arac&#305; i&#351;levi g&#246;rd&#252;&#287;&#252;n&#252; g&#246;r&#252;r&#252;z.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div><h2><strong>Bu hafta a&#231;&#305;klanacak &#246;nemli veri?</strong></h2><p>Government shutdown oldu&#287;u i&#231;in BLS ekonomiye ait verileri a&#231;&#305;klayam&#305;yor. Ama enflasyon verisi bir istisna. 24 Ekim&#8217;de a&#231;&#305;klanacak. <a href="https://www.investing.com/economic-calendar/core-cpi-56">Beklentiler</a> iyi de&#287;il.</p><div><hr></div><h2><strong>Notlar:</strong></h2><ul><li><p><a href="https://x.com/burak_tamac/status/1979220756681949575">Neden 4 senedir altcoin alm&#305;yorum?</a></p></li><li><p>Bo&#287;a bitti mi? (<a href="https://x.com/burak_tamac/status/1978925057935315302">video</a>)</p></li></ul><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com<br></em></p><p>Bu yaz&#305;n&#305;n orijinali https://buraktamac.com/tr/bitcoin/michael-saylor-stratejisi/ adresindedir.</p>]]></content:encoded></item><item><title><![CDATA[Michael Saylor Ne Yapıyor?]]></title><description><![CDATA[The Details #200]]></description><link>https://details.buraktamac.com/p/michael-saylor-ne-yapyor</link><guid isPermaLink="false">https://details.buraktamac.com/p/michael-saylor-ne-yapyor</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 14 Oct 2025 05:15:22 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!tvIH!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><p>Saylor&#8217;&#305;n MicroStrategy ($MSTR) ile yapt&#305;&#287;&#305; asl&#305;nda olduk&#231;a basit: </p><p>&#350;irketin varl&#305;klar&#305;n&#305; Bitcoin&#8217;de, bor&#231;lar&#305;n&#305; ise fiat parada (dolar) tutmak! Bu sayede, de&#287;eri artan bir varl&#305;&#287;a kar&#351;&#305; de&#287;eri d&#252;&#351;en bir bor&#231;luluk yap&#305;s&#305; kuruyor.</p><p>Bu stratejiyi do&#287;ru anlamak i&#231;in 3 temel finansal kavram&#305; bilmemiz gerekiyor.</p><h2>1- Bor&#231; hiyerar&#351;isi</h2><p>Bir &#351;irket iflas etti&#287;inde veya kar pay&#305; da&#287;&#305;tt&#305;&#287;&#305;nda &#246;demelerin yap&#305;ld&#305;&#287;&#305; bir hiyerar&#351;i vard&#305;r.</p><ul><li><p><strong>Tahvil sahipleri (corporate debt)</strong>: Bu hiyerar&#351;inin en tepesinde tahvil (bor&#231;) sahipleri yer al&#305;r; &#351;irket ilk &#246;nce bunlara &#246;deme yapmak zorundad&#305;r.</p></li><li><p>&#304;<strong>mtiyazl&#305; hisse senedi (preferred stock)</strong>: Tahvilden sonra imtiyazl&#305; hisse senedi sahipleri gelir.</p></li><li><p><strong>Adi hisse senedi (common stock)</strong>: Ve en sonda, geriye bir &#351;ey kal&#305;rsa, adi hisse senedi sahipleri &#246;deme al&#305;r.</p></li></ul><p>Tahvil ve imtiyazl&#305; hisse sahipleri, &#351;irketin artan karlar&#305;ndan pay almazlar; onlar i&#231;in &#246;nemli olan &#246;nceden belirlenmi&#351;, g&#252;venli bir gelir ak&#305;&#351;&#305;d&#305;r. Bu <strong>g&#252;venli liman aray&#305;&#351;&#305;</strong> &#231;ok &#246;nemli. Birazdan a&#231;&#305;klayaca&#287;&#305;m. Buna kar&#351;&#305;l&#305;k, &#351;irketin b&#252;y&#252;me potansiyelinden ve karlar&#305;ndan as&#305;l faydalananlar adi hisse senedi sahipleridir.</p><h2>2- Daha fazla fiat, daha fazla bitcoin</h2><p>Saylor basit bir &#351;ey yap&#305;yor.</p><p>&#350;irketi MicroStrategy arac&#305;l&#305;&#287;&#305;yla tahvil veya imtiyazl&#305; hisse senedi ihra&#231; ederek piyasadan dolar bor&#231;lan&#305;yor. Bu bor&#231;lanma ara&#231;lar&#305;n&#305; alan yat&#305;r&#305;mc&#305;lara %7-9 gibi sabit bir getiri vaat ediyor. Toplad&#305;&#287;&#305; bu parayla ise gidip s&#252;rekli Bitcoin al&#305;yor ve &#351;irketin kasas&#305;na ekliyor.</p><p>Yani asl&#305;nda yat&#305;r&#305;mc&#305;lara y&#252;ksek bir faiz geliri sunuyor.</p><p>1971 sonras&#305;nda ba&#351;layan petro-dollar rejiminde <strong>tahvil sahipleri, yani garanti getiri isteyenler hep kazand&#305;lar</strong>. A&#351;a&#287;&#305;daki grafik bunu g&#246;steriyor. E&#287;er elinizde tahvil varsa ve faizler d&#252;&#351;&#252;yorsa, bu tahvillerin de&#287;eri artar. Ancak COVID sonras&#305;nda trilyonlarca dolarl&#305;k tahvil piyasas&#305;n&#305;n &#231;&#246;z&#252;lmeye ba&#351;lad&#305;&#287;&#305;n&#305; g&#246;r&#252;yoruz. &#214;zellikle birikimi olan ve garanti getiri talep eden yat&#305;r&#305;mc&#305;lar&#305;n elinde fazla se&#231;enek yok.</p><p>Saylor tam olarak bu ihtiyaca %8-10 aras&#305;nda faiz &#246;demeleri ile &#231;&#246;z&#252;m sunuyor.</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!tvIH!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!tvIH!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png 424w, https://substackcdn.com/image/fetch/$s_!tvIH!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png 848w, https://substackcdn.com/image/fetch/$s_!tvIH!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png 1272w, https://substackcdn.com/image/fetch/$s_!tvIH!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!tvIH!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png" width="1140" height="465" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/e9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:465,&quot;width&quot;:1140,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:38320,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/175565610?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!tvIH!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png 424w, https://substackcdn.com/image/fetch/$s_!tvIH!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png 848w, https://substackcdn.com/image/fetch/$s_!tvIH!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png 1272w, https://substackcdn.com/image/fetch/$s_!tvIH!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe9199e65-bf77-4ac5-8d62-65d363765a10_1140x465.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a><figcaption class="image-caption">ABD 10 y&#305;ll&#305;k tahvil faizi</figcaption></figure></div><h2>3- Bitcoin d&#252;&#351;erse?</h2><p>Bu noktada akla gelen ilk soru &#351;u: &#8220;Bitcoin&#8217;in fiyat&#305; d&#252;&#351;erse ne olacak?&#8221;</p><p>&#304;&#351;te Saylor&#8217;&#305;n stratejisinin en can al&#305;c&#305; noktas&#305; da buras&#305;: <strong>a&#351;&#305;r&#305; teminatland&#305;rma (over-collateralization)</strong>. MicroStrategy, ald&#305;&#287;&#305; her 1 dolarl&#305;k borca kar&#351;&#305;l&#305;k kasas&#305;nda yakla&#351;&#305;k 5 dolarl&#305;k Bitcoin tutuyor. Bu durum, &#351;irkete y&#252;ksek bir g&#252;venlik marj&#305; sa&#287;l&#305;yor. Bitcoin fiyat&#305; %80 d&#252;&#351;se bile, Saylor&#8217;&#305;n bor&#231;lar&#305;n&#305; &#246;deyecek kadar hala Bitcoin&#8217;i bulunuyor.</p><p>Bu y&#252;zden bitcoin d&#252;&#351;&#252;nce &#8220;yak&#305;nda margin call olacak&#8221; gibi s&#246;ylemlerin pek bir anlam&#305; yok. %80 d&#252;&#351;se bile Strategy gibi halka a&#231;&#305;k &#351;irketlerin bor&#231;lanma i&#231;in elinde &#231;ok fazla se&#231;enek var.</p><h2>4- Neden agresif al&#305;mlar yap&#305;yor?</h2><p>&#199;&#252;nk&#252; 40 y&#305;ld&#305;r devam eden ve tahvil piyasas&#305;n&#305; &#351;i&#351;iren &#8220;ucuz para&#8221; d&#246;nemi sona eriyor. </p><p>Milyarlarca dolarl&#305;k emeklilik fonu ve sabit getiri arayan yat&#305;r&#305;mc&#305;, enflasyon kar&#351;&#305;s&#305;nda erimeyen, g&#252;venli limanlar ar&#305;yor. Saylor, onlara arad&#305;klar&#305; &#351;eyi, yani y&#252;ksek ve g&#252;venli bir getiriyi, Bitcoin gibi bir varl&#305;kla teminatland&#305;rarak sunuyor.</p><p>Asl&#305;nda Saylor, bir &#252;r&#252;n sat&#305;yor ve bu &#252;r&#252;n de Bitcoin destekli, y&#252;ksek faizli bir menkul k&#305;ymet.</p><p>Yani?</p><h2>Sonu&#231;</h2><ol><li><p> Saylor enflasyonist bir para birimiyle (dolar) bor&#231;lan&#305;p, deflasyonist bir varl&#305;&#287;a (Bitcoin) yat&#305;r&#305;m yap&#305;yor.</p></li><li><p> G&#252;venli limanlarda %3-5 getiriyi be&#287;enmeyen yat&#305;r&#305;mc&#305;lara STRC gibi para piyasas&#305; fonundan daha fazla faiz veren (%10) &#252;r&#252;nler, yani &#231;&#246;z&#252;mler sunuyor.</p></li><li><p> T&#252;m bunlar&#305; yaparken riskini de muhafazakar bir &#351;ekilde y&#246;netiyor: 5-to-1. Yani bitcoin %80 d&#252;&#351;se bile elindeki varl&#305;klar bor&#231;lar&#305;n&#305; &#246;demeye yeterli. Daha fazla d&#252;&#351;erse de elinin alt&#305;nda &#231;ok fazla &#231;&#246;z&#252;m var. Halka a&#231;&#305;k b&#252;y&#252;k bir &#351;irket oldu&#287;u i&#231;in likiditeye eri&#351;imi sa&#287;lam.</p></li></ol><p>Bu Microstrategy batmayacak, Saylor hep kazanacak anlam&#305;na gelmiyor. Bu hi&#231;bir &#351;irket i&#231;in ge&#231;erli de&#287;il. &#199;&#252;nk&#252; bitcoin&#8217;in nereye gidece&#287;ini kimse bilmiyor. Ama di&#287;er Treasury &#351;irketlerine g&#246;re Saylor&#8217;&#305; riski &#231;ok daha az. Buradaki <strong>en &#246;nemli konu likiditeye eri&#351;iminin</strong> olmas&#305;.</p><p>Peki MSTR uzun vadede bitcoin&#8217;den daha fazla getiri sa&#287;lar m&#305;?</p><p>Bu y&#252;ksek ihtimal. Ama bu y&#252;ksek getirinin bir maliyeti var. O da volatilite. Her zaman oldu&#287;u gibi: 3 kuru&#351;a 5 k&#246;fte yok.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div><hr></div><h2><strong>Bu hafta a&#231;&#305;klanacak &#246;nemli veri?</strong></h2><p>Sal&#305; g&#252;n&#252; Powell TS&#304; ile 19:20&#8217;de konu&#351;ma yapacak.</p><p>Government shutdown oldu&#287;u i&#231;in BLS ekonomiye ait verileri a&#231;&#305;klayam&#305;yor. Ama enflasyon verisi bir istisna. 24 Ekim&#8217;de a&#231;&#305;klanacak.</p><div><hr></div><h2><strong>Notlar:</strong></h2><ul><li><p><a href="https://x.com/burak_tamac/status/1976979472600678468">D&#252;n kripto sekt&#246;r&#252;nde son 4 y&#305;l&#305;n en k&#246;t&#252; g&#252;n&#252;n&#252; ge&#231;irdik.</a></p><p><a href="https://x.com/burak_tamac/status/1976979472600678468">Gelin birlikte ne oldu&#287;una ve gelece&#287;e bakal&#305;m.</a></p></li></ul><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com<br></em></p><p>Bu yaz&#305;n&#305;n orijinali https://buraktamac.com/tr/bitcoin/michael-saylor-stratejisi/ adresindedir.</p>]]></content:encoded></item><item><title><![CDATA[Bitcoin hangi fiyatta baskılanır?]]></title><description><![CDATA[The Details #199]]></description><link>https://details.buraktamac.com/p/bitcoin-hangi-fiyatta-basklanr</link><guid isPermaLink="false">https://details.buraktamac.com/p/bitcoin-hangi-fiyatta-basklanr</guid><dc:creator><![CDATA[Burak Tamaç]]></dc:creator><pubDate>Tue, 07 Oct 2025 05:15:35 GMT</pubDate><enclosure url="https://substackcdn.com/image/fetch/$s_!zF2P!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png" length="0" type="image/jpeg"/><content:encoded><![CDATA[<div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://bit.ly/4aHkg2e" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png" width="1456" height="604" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:604,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:265981,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:&quot;https://bit.ly/4aHkg2e&quot;,&quot;belowTheFold&quot;:false,&quot;topImage&quot;:true,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!KA6u!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 424w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 848w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1272w, https://substackcdn.com/image/fetch/$s_!KA6u!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6fb04f02-681b-43be-a855-77d3c972aff7_2506x1040.png 1456w" sizes="100vw" fetchpriority="high"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><blockquote><p>H&#305;zl&#305; ve kolay kripto deneyimi i&#231;in b&#252;ltenimin sponsoru CoinTR&#8217;ye <a href="https://bit.ly/4aHkg2e">buradan kay&#305;t</a> olabilirsiniz!</p></blockquote><div><hr></div><h3>Yeni yat&#305;r&#305;mc&#305;, yeni yat&#305;r&#305;mc&#305;, yeni yat&#305;r&#305;mc&#305;</h3><p>Herkesin akl&#305;nda ayn&#305; soru var:</p><blockquote><p>Bitcoin yeni ATH denerse ne zaman bask&#305;lan&#305;r?</p></blockquote><p>Do&#287;ru soru &#351;u:</p><p>&#9989; Yeni yat&#305;r&#305;mc&#305;lar ne zaman &#8216;<strong>bu getiri bize yeter</strong>&#8217; der?</p><p>Bunun sebebi basit.</p><p>2017 ve 2020&#8217;deki gibi bir bo&#287;ada de&#287;iliz.</p><p>Yar&#305;nlar yokmu&#351; gibi ko&#351;arak bitcoin alan yat&#305;r&#305;mc&#305; yok. En az&#305;ndan ben &#231;evremde g&#246;rm&#252;yorum. Sosyal medyada hi&#231; g&#246;rm&#252;yorum. ETF onaylar&#305; sonras&#305;n&#305; ya da ABD se&#231;imi d&#246;nemini hat&#305;rlay&#305;n. Bunlar benzer hi&#231;bir sinyal yok.</p><p>Bunu teyit edece&#287;imiz &#231;ok fazla metrik var. Ama ikisine bakal&#305;m:</p><p>1- Google trends: bitcoin aramalar&#305;</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!_hpD!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!_hpD!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png 424w, https://substackcdn.com/image/fetch/$s_!_hpD!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png 848w, https://substackcdn.com/image/fetch/$s_!_hpD!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png 1272w, https://substackcdn.com/image/fetch/$s_!_hpD!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!_hpD!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png" width="1194" height="908" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:908,&quot;width&quot;:1194,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:75426,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/175416625?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!_hpD!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png 424w, https://substackcdn.com/image/fetch/$s_!_hpD!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png 848w, https://substackcdn.com/image/fetch/$s_!_hpD!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png 1272w, https://substackcdn.com/image/fetch/$s_!_hpD!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F659038bb-0aa6-4614-b250-09feecb4d12f_1194x908.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>2- Madencilerin getirileri</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!WZVi!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!WZVi!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!WZVi!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!WZVi!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!WZVi!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!WZVi!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png" width="1456" height="958" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/db736f85-c719-477a-bc3b-531c230c5882_2496x1642.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:958,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:200284,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:&quot;https://details.buraktamac.com/i/175416625?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png&quot;,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!WZVi!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png 424w, https://substackcdn.com/image/fetch/$s_!WZVi!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png 848w, https://substackcdn.com/image/fetch/$s_!WZVi!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png 1272w, https://substackcdn.com/image/fetch/$s_!WZVi!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb736f85-c719-477a-bc3b-531c230c5882_2496x1642.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><p>G&#246;rd&#252;&#287;&#252;m&#252;z gibi ikisi de hype oldu&#287;una dair bir sinyal vermiyor.</p><p>Bu durumda en &#246;nemli konu yeni yat&#305;r&#305;mc&#305;lar.</p><p>&#199;&#252;nk&#252; <strong>2 senedir hep ayn&#305; &#351;eyi ya&#351;&#305;yoruz</strong>. Bitcoin y&#252;kseliyor, yeni yat&#305;r&#305;mc&#305; geliyor, ama erken sat&#305;&#351; yap&#305;yorlar. Bu y&#252;zden bitcoin parabolik y&#252;kselemiyor. Peki ne zaman sat&#305;&#351; yap&#305;yorlar?</p><p>Ortalama <strong>%40 kar g&#246;rd&#252;klerinde sat&#305;yorlar.</strong></p><p>A&#351;a&#287;&#305;daki grafik bize %30 ve %40 karl&#305;l&#305;k seviyelerini g&#246;steriyor (STH-MVRV 1.3 ve 1.4). Yani:</p><ul><li><p>146K</p></li><li><p>157K</p></li></ul><p>Bu seviyelere gelene kadar d&#252;zeltme olur. &#199;&#252;nk&#252; amat&#246;r yat&#305;r&#305;mc&#305;lar fiyat y&#252;kselince kald&#305;ra&#231;l&#305; i&#351;lem a&#231;ma konusunda uzman. Piyasa yap&#305;c&#305;lar ise bu yat&#305;r&#305;mc&#305;n&#305;n paras&#305;n&#305; alma konusunda uzman. Ama benzer bir hype olsa bile (ETF ve ABD se&#231;imi gibi) bu seviyelerde ciddi bir sat&#305;&#351; bask&#305;s&#305; g&#246;rmek m&#252;mk&#252;n.</p><p>Okudu&#287;unuz i&#231;in te&#351;ekk&#252;rler &#128591;</p><div class="captioned-image-container"><figure><a class="image-link image2 is-viewable-img" target="_blank" href="https://substackcdn.com/image/fetch/$s_!zF2P!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png" data-component-name="Image2ToDOM"><div class="image2-inset"><picture><source type="image/webp" srcset="https://substackcdn.com/image/fetch/$s_!zF2P!,w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png 424w, https://substackcdn.com/image/fetch/$s_!zF2P!,w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png 848w, https://substackcdn.com/image/fetch/$s_!zF2P!,w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png 1272w, https://substackcdn.com/image/fetch/$s_!zF2P!,w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png 1456w" sizes="100vw"><img src="https://substackcdn.com/image/fetch/$s_!zF2P!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png" width="1200" height="838" data-attrs="{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/e98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png&quot;,&quot;srcNoWatermark&quot;:null,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:838,&quot;width&quot;:1200,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:null,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;topImage&quot;:false,&quot;internalRedirect&quot;:null,&quot;isProcessing&quot;:false,&quot;align&quot;:null,&quot;offset&quot;:false}" class="sizing-normal" alt="" srcset="https://substackcdn.com/image/fetch/$s_!zF2P!,w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png 424w, https://substackcdn.com/image/fetch/$s_!zF2P!,w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png 848w, https://substackcdn.com/image/fetch/$s_!zF2P!,w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png 1272w, https://substackcdn.com/image/fetch/$s_!zF2P!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe98aff77-c2e9-4c6a-a918-6a5194c79c29_1200x838.png 1456w" sizes="100vw" loading="lazy"></picture><div class="image-link-expand"><div class="pencraft pc-display-flex pc-gap-8 pc-reset"><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container restack-image"><svg role="img" width="20" height="20" viewBox="0 0 20 20" fill="none" stroke-width="1.5" stroke="var(--color-fg-primary)" stroke-linecap="round" stroke-linejoin="round" xmlns="http://www.w3.org/2000/svg"><g><title></title><path d="M2.53001 7.81595C3.49179 4.73911 6.43281 2.5 9.91173 2.5C13.1684 2.5 15.9537 4.46214 17.0852 7.23684L17.6179 8.67647M17.6179 8.67647L18.5002 4.26471M17.6179 8.67647L13.6473 6.91176M17.4995 12.1841C16.5378 15.2609 13.5967 17.5 10.1178 17.5C6.86118 17.5 4.07589 15.5379 2.94432 12.7632L2.41165 11.3235M2.41165 11.3235L1.5293 15.7353M2.41165 11.3235L6.38224 13.0882"></path></g></svg></button><button tabindex="0" type="button" class="pencraft pc-reset pencraft icon-container view-image"><svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-maximize2 lucide-maximize-2"><polyline points="15 3 21 3 21 9"></polyline><polyline points="9 21 3 21 3 15"></polyline><line x1="21" x2="14" y1="3" y2="10"></line><line x1="3" x2="10" y1="21" y2="14"></line></svg></button></div></div></div></a></figure></div><div><hr></div><h2><strong>Bu hafta a&#231;&#305;klanacak &#246;nemli veri?</strong></h2><p>Per&#351;embe g&#252;n&#252; Powell TSI ile 15:30&#8217;da konu&#351;ma yapacak.</p><div><hr></div><h2><strong>Notlar:</strong></h2><ul><li><p><a href="https://x.com/burak_tamac/status/1973339093036945849">5. defa ayn&#305; &#351;ey oldu</a></p></li></ul><div><hr></div><p><em>Bana ula&#351;mak i&#231;in ki&#351;isel email adresim: buraktamac@gmail.com</em></p>]]></content:encoded></item></channel></rss>