ilmscore | Prediction Details
By Altcoin Daily | January 12, 2024 | Correct
Interpreted Prediction
Predicted massive price swings for Bitcoin in the first few weeks following the ETF launch.
AI Evaluation Notes
Following the Bitcoin spot ETF launch on January 11, 2024, Bitcoin's price experienced significant volatility. It saw an initial decline from around $46,000 to a low of approximately $39,555 by January 22, 2024. This downward swing was quickly followed by a substantial rally, pushing the price above $61,000 by the end of February 2024, demonstrating massive price swings both down and up within the predicted timeframe.

Prediction Details

Ticker
Target
Massive price swings (volatility)
Predicted date
First few weeks after ETF launch

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