Interpreted Prediction
Predicted that Bitcoin's price increase after ETF approval would not be immediate.
AI Evaluation Notes
The prediction stated that Bitcoin's price increase after ETF approval would not be immediate. While there was an initial positive reaction to the ETF approval on January 10, 2024, Bitcoin's price then saw a significant decline by the target date of January 22, 2024, falling from $46,627.78 on the day of approval to $39,643.11. This indicates that a sustained immediate price surge did not occur.
Prediction Details
Ticker
Target
Bitcoin price increase will not be instant
Predicted
date
Immediate aftermath of ETF approval