ilmscore | Prediction Details
"it very well could be a buy the rumor sell the new situation the January launch of the Bitcoin spot exchange traded funds or ETFs is expected to face subdued demand initially which could lead to a sell the new scenario"
By No Bs Crypto | December 22, 2023 | Incorrect
From video
CRYPTO MARKET CRASH COMING? (Urgent Info) 00:06:12 - 00:06:25
Interpreted Prediction
Predicted that the January 2024 launch of Bitcoin spot ETFs would lead to subdued demand and a 'sell the news' scenario.
AI Evaluation Notes
The prediction anticipated subdued demand and a 'sell the news' scenario following the January 2024 launch of Bitcoin spot ETFs. In reality, the launch of these ETFs on January 11, 2024, was met with significant demand and high trading volumes. While there was an initial dip in Bitcoin's price, it quickly rebounded and saw substantial gains by March 22, 2024, indicating the opposite of a 'sell the news' outcome.

Prediction Details

Ticker
BTC
Target
Buy the rumor, sell the news' scenario
Predicted date
January 2024

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