{"id":51688,"date":"2026-07-25T03:59:16","date_gmt":"2026-07-25T03:59:16","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/glassnode-ve-coinbase-likidite-dongusunun-3-ceyrekte-piyasayi-yonlendirmesiyle-bitcoinde-erken-dip-sinyallerine-isaret-ediyor\/"},"modified":"2026-07-25T03:59:16","modified_gmt":"2026-07-25T03:59:16","slug":"glassnode-ve-coinbase-likidite-dongusunun-3-ceyrekte-piyasayi-yonlendirmesiyle-bitcoinde-erken-dip-sinyallerine-isaret-ediyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/glassnode-ve-coinbase-likidite-dongusunun-3-ceyrekte-piyasayi-yonlendirmesiyle-bitcoinde-erken-dip-sinyallerine-isaret-ediyor\/","title":{"rendered":"Glassnode ve Coinbase, likidite d\u00f6ng\u00fcs\u00fcn\u00fcn 3. \u00e7eyrekte piyasay\u0131 y\u00f6nlendirmesiyle Bitcoin\u2019de erken dip sinyallerine i\u015faret ediyor"},"content":{"rendered":"

Glassnode\u2019un Coinbase Institutional ile birlikte haz\u0131rlad\u0131\u011f\u0131 3. \u00e7eyrek raporunda, Bitcoin\u2019in (BTC) olas\u0131 bir dip olu\u015fturma s\u00fcrecinin erken a\u015famalar\u0131nda oldu\u011fu, ancak bunun hen\u00fcz kal\u0131c\u0131\/sa\u011flam bir dip anlam\u0131na gelmedi\u011fi belirtildi. \u015eirketler \u00e7eyrek boyunca n\u00f6tr duru\u015flar\u0131n\u0131 korurken, makro likidite ko\u015fullar\u0131 g\u00fc\u00e7l\u00fc seyrini s\u00fcrd\u00fcrd\u00fc\u011f\u00fc i\u00e7in fiyat hareketlerini kriptoya \u00f6zg\u00fc kataliz\u00f6rlerden ziyade likidite d\u00f6ng\u00fcs\u00fcne ba\u011flad\u0131. 2. \u00e7eyrekte toplam kripto piyasa de\u011feri yakla\u015f\u0131k %12 gerilerken, stablecoin arz\u0131 rekor seviyelere \u00e7\u0131kt\u0131 ve stablecoin hakimiyeti y\u00fckseldi; bu durum stablecoin\u2019lere y\u00f6nelime i\u015faret etti. 2022\u2019de ba\u015flayan mevcut Bitcoin d\u00f6ng\u00fcs\u00fc 42 ay\u0131 geride b\u0131rakt\u0131 ve 2025\u2019in 1. \u00e7eyre\u011finde 2015\u201318 \u00f6r\u00fcnt\u00fcs\u00fcnden ayr\u0131\u015fmaya ba\u015flad\u0131.<\/p>\n

Varl\u0131klar aras\u0131 korelasyonlar da de\u011fi\u015fti: BTC\u2019nin g\u00fcnl\u00fck getiri korelasyonu S&P 500 ile 2025\u2019in 4. \u00e7eyre\u011findeki 0,58 seviyesinden 2026\u2019n\u0131n 2. \u00e7eyre\u011finde 0,12\u2019ye gerilerken, alt\u0131nla korelasyon 0,57\u2019ye y\u00fckseldi. Zincir \u00fcst\u00fc g\u00f6stergeler, BTC\u2019nin MVRV oran\u0131n\u0131n 2. \u00e7eyrekte 1\u2019e yakla\u015ft\u0131\u011f\u0131n\u0131, k\u00e2rda tutulan arz pay\u0131n\u0131n ise alt istatistik band\u0131n\u0131n alt\u0131na indi\u011fini g\u00f6sterdi; bu da 3. \u00e7eyre\u011fe girerken tarihsel olarak birikim (ak\u00fcm\u00fclasyon) b\u00f6lgesiyle uyumlu bir g\u00f6r\u00fcn\u00fcme i\u015faret ediyor. Kurum\/varl\u0131k bazl\u0131 d\u00fczeltilmi\u015f NUPL \u201ckorku\u201d b\u00f6lgesine, \u201cteslimiyet (Capitulation)\u201d e\u015fi\u011fine yak\u0131n seviyelere indi; t\u00fcrev piyasalarda a\u00e7\u0131k pozisyon (open interest) 2025 sonundaki zirvenin belirgin \u015fekilde alt\u0131nda kald\u0131. BTC 64.140 dolar seviyesindeydi ve son 24 saatte %1,6 d\u00fc\u015ft\u00fc.<\/p>\n

Uzun Vadeli Dip Olu\u015fumu ve Birikim (Ak\u00fcm\u00fclasyon) A\u015famas\u0131<\/h3>\n

2026\u2019n\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011fine daha derin girerken, Bitcoin\u2019in uzun vadeli bir dip olu\u015fturdu\u011funa dair g\u00fc\u00e7l\u00fc i\u015faretler g\u00f6r\u00fcyoruz. Spek\u00fclatif aktivite \u00e7ok y\u0131ll\u0131k dip seviyelere inerken uzun vadeli elde tutma art\u0131yor; bu nedenle ani ve sert fiyat s\u0131\u00e7ramalar\u0131ndan ziyade yava\u015f ve dalgal\u0131 bir birikim (ak\u00fcm\u00fclasyon) d\u00f6neminin beklenmesi gerekir. T\u00fcrev i\u015flem yapanlar a\u00e7\u0131s\u0131ndan bu, piyasa daha istikrarl\u0131 bir taban in\u015fa ederken \u00f6n\u00fcm\u00fczdeki haftalarda agresif kald\u0131ra\u00e7tan ka\u00e7\u0131n\u0131lmas\u0131 gerekti\u011fi anlam\u0131na geliyor.<\/p>\n

De\u011fi\u015fen Korelasyonlar ve Stratejik \u00c7\u0131kar\u0131mlar<\/h3>\n

Bu y\u0131l\u0131n ikinci \u00e7eyre\u011finde Bitcoin\u2019in S&P 500 ile korelasyonu 0,12\u2019ye keskin bi\u00e7imde d\u00fc\u015ft\u00fc\u011f\u00fc i\u00e7in oda\u011f\u0131 hisse senedi piyasas\u0131ndan uzakla\u015ft\u0131rmam\u0131z gerekiyor. Bunun yerine, Bitcoin\u2019in alt\u0131nla korelasyonu 0,57\u2019ye y\u00fckseldi\u011finden alt\u0131n ve makroekonomik likidite yak\u0131ndan izlenmeli. K\u00fcresel likidite d\u00f6ng\u00fclerinin fiyat hareketlerini g\u00fc\u00e7l\u00fc bi\u00e7imde y\u00f6nlendirdi\u011fi bir ortamda, i\u015flem stratejileri kriptoya \u00f6zg\u00fc haber ak\u0131\u015f\u0131ndan ziyade daha geni\u015f parasal de\u011fi\u015fimlerle uyumlu olmal\u0131.<\/p>\n

Bu g\u00f6r\u00fc\u015f\u00fc desteklemek i\u00e7in makro g\u00f6r\u00fcn\u00fcme bak\u0131ld\u0131\u011f\u0131nda, Fed\u2019in politika faizi 2026 ortas\u0131 itibar\u0131yla %4,0 civar\u0131nda yatay seyrini koruyor ve bu da k\u00fcresel likiditeyi s\u0131k\u0131 tutuyor. Ayr\u0131ca ABD spot Bitcoin ETF\u2019lerine net giri\u015fler temmuz ba\u015f\u0131nda s\u0131n\u0131rl\u0131 bir yava\u015flama g\u00f6sterdi; bu, kurumsal al\u0131mlarda ge\u00e7ici bir duraklamaya i\u015faret ediyor. Volatilite d\u00fc\u015f\u00fck seyrederken prim toplamaya y\u00f6nelik iron condor gibi bant i\u00e7i (range-bound) t\u00fcrev stratejileri kurgulamak i\u00e7in bu sakin d\u00f6nem kullan\u0131labilir.<\/p>\n

A\u00e7\u0131k pozisyonlar\u0131n (open interest) h\u00e2l\u00e2 2025 sonundaki zirvelerin belirgin \u015fekilde alt\u0131nda olmas\u0131, \u015fu a\u015famada b\u00fcy\u00fck ve ani tasfiyeler (liquidation) riskinin g\u00f6rece d\u00fc\u015f\u00fck oldu\u011funa i\u015faret ediyor. Bununla birlikte, a\u015fa\u011f\u0131 y\u00f6nl\u00fc risklere kar\u015f\u0131 temkinli kalmak gerekiyor; kritik destek seviyelerinin alt\u0131na olas\u0131 bir k\u0131r\u0131l\u0131m gecikmeli bir \u201cteslimiyet\u201d dalgas\u0131n\u0131 tetikleyebilir. Muhafazak\u00e2r pozisyon b\u00fcy\u00fckl\u00fcklerinin korunmas\u0131 ve ima edilen volatilitenin (implied volatility) d\u00fc\u015f\u00fck\/ucuz oldu\u011fu d\u00f6nemlerde uzun vadeli al\u0131m (call) opsiyonlar\u0131n\u0131n kademeli biriktirilmesine odaklan\u0131lmas\u0131 \u00f6nerilir.<\/p>\n\n\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

Glassnode-Coinbase raporu: BTC dip aray\u0131\u015f\u0131n\u0131n erken evresinde; kal\u0131c\u0131 de\u011fil. Likidite d\u00f6ng\u00fcs\u00fc belirleyici, stablecoin talebi art\u0131yor. S&P korelasyonu d\u00fc\u015ft\u00fc, alt\u0131n y\u00fckseldi; ak\u00fcm\u00fclasyon sinyali, temkinli kald\u0131ra\u00e7.<\/p>\n","protected":false},"author":87,"featured_media":50005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-51688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/51688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=51688"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/51688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/50005"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=51688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=51688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=51688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}