ilmscore | Gareth Soloway’s LATEST Bitcoin Price Prediction (wild.)

Gareth Soloway’s LATEST Bitcoin Price Prediction (wild.)

Published: 2024-05-12
Status: Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
If the stock market drops 20-25% (a Black Swan event), Bitcoin is predicted to fall to $50,000 or potentially lower.
"we could head back to 50K maybe even lower"
BTC
Pending
If Bitcoin breaks above $74,000, it is predicted to quickly climb to $105,000 within a few months before a pullback.
"if we do break out above 74,000 I think I think it honestly climbs relatively quickly within a few months to about the 100 5,000 level before kind of stalling out for its next pullback"
BTC
Pending
If Bitcoin breaks above the $69,000 resistance level (channel top), it will reach a new all-time high within 2-4 weeks.
"if we break above the 60 looks like right over here around 69,000 level that's when I think within literally um two to four weeks of breaking 69 that will be will take out the high"
BTC
Pending
If Bitcoin breaks below $56,000, it is predicted to fall to $52,000 and possibly $49,000 within a few weeks to a month.
"if we break below this 56,000 line here then pretty much within I would say within you know could be a couple weeks to a month as well we're probably down to 52,000 and maybe even touching the spot ETF approval high of around 49,000"
BTC
Pending
In a severe economic recession similar to 2008-2009, involving a 40-50% stock market sell-off, Bitcoin could fall to $30,000.
"if we were to see let's say we get a a really bad like Great Recession all 2008 2009 I do think that the Panic if we saw let's say 40% 50% sell off in the stock market could bring us back to 30"
BTC
Pending