Interpreted Prediction
Predicted Bitcoin ETF issuers would buy Bitcoin from the open market, causing positive price pressure, starting in early 2024.
AI Evaluation Notes
Spot Bitcoin ETFs were launched in January 2024, as predicted. The launch led to significant buying of Bitcoin by ETF issuers from the open market, which subsequently created substantial positive price pressure, with Bitcoin's price rising significantly from January to March 2024.
Prediction Details
Ticker
Target
ETF issuers will buy Bitcoin from the open market, creating positive price pressure
Predicted
date
early 2024