Interpreted Prediction
Predicted a short-term sell-off in Bitcoin price if the SEC denies current Bitcoin ETF applications.
AI Evaluation Notes
The prediction was based on the condition that the SEC would deny Bitcoin ETF applications. However, the SEC approved multiple spot Bitcoin ETFs on January 10, 2024. Following this approval, Bitcoin's price did not experience a sell-off; instead, it generally appreciated in the subsequent weeks, especially in late February and early March.
Prediction Details
Ticker
Target
Sell-off in Bitcoin price
Predicted
date
short term (if SEC denies ETF applications)