"a spot Bitcoin ETF actually removes Bitcoin out of the circulating supply of which already 70% doesn't want to be moved or sold so in theory we should see a supply and demand shock on both sides of the equation which means really good things for bitcoin's price"
By Andrei Jikh | January 12, 2024 | Correct
From video
GAME OVER: Bitcoin ETF Approved (What This Means) 00:10:05 - 00:10:20
Interpreted Prediction
Spot Bitcoin ETFs will create a supply and demand shock, leading to positive price movement for Bitcoin.
AI Evaluation Notes
Evaluated on 2026-04-26
The prediction that spot Bitcoin ETFs would create a supply and demand shock and drive positive price movement was correct. Bitcoin's price rose from approximately $42,777 in January 2024 to roughly $78,000 by April 2026, confirming the anticipated upward trend.

Prediction Details

Ticker
Initial Price
42,777.54 USD
Price at the predicted date
78,000 USD

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