ilmscore | Prediction Details
"if Bitcoin can get back through that [63k-64k] and and and put in a higher high again then it definitely raises the odds of of Bitcoin continuing to go up in Q4 if Bitcoin just finds resistance at 63 to 64k again then there's more evidence to suggest that it's just playing out like it did after rate Cuts last cycle"
By Benjamin Cowen | October 4, 2024 | Pending
From video
The Labor Market (and Bitcoin) 00:39:01 - 00:40:08
Interpreted Prediction
If Bitcoin surpasses the $63,000-$64,000 resistance level (which includes the 20-week SMA and 200-day SMA), it is predicted to continue rising in Q4 2024. Conversely, if it finds resistance at this level, its price action is expected to resemble the post-rate-cut period of the last cycle (implying a potential sell-off or extended consolidation).

Prediction Details

Ticker
BTC
Initial Price
62,093.52 USD

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