ilmscore | Bitcoin & Crypto Market About to Go ABSURD (this is just the beginning)

Bitcoin & Crypto Market About to Go ABSURD (this is just the beginning)

Published: 2024-01-12
Status: Analyzed

Predictions from this Video

Total: 9
Correct: 6
Incorrect: 1
Pending: 2
Prediction
Topic
Status
Predicted Bitcoin's base case price will be in the $600,000 range in the long term.
"The price of Bitcoin our base case uh is in the $600,000 range"
BTC
Pending
Predicted Bitcoin's price could trade as high as $50,000 on the day of the ETF launch.
"I think today we could literally see 50,000 and 40,000 trade"
BTC
Correct
Predicted that in the long run, only two or three Bitcoin ETFs will succeed and dominate the market.
"I think in the long run you're going to have two or three that actually uh win I don't think it'll just be one winner it'll be a couple winners"
Bitcoin ETFs
Pending
Predicted that Bitcoin ETF advertising would soon appear on major financial media outlets.
"I imagine we're going to start seeing advertising maybe on CNBC maybe on in the Wall Street Journal and other places"
Bitcoin ETFs
Correct
Predicted that tens of billions of dollars would ultimately flow into Bitcoin ETFs.
"what I think is going to ultimately end up occurring is there's going to be tens of billions of dollars that are going to flow into these ETFs"
Bitcoin ETFs
Correct
Predicted Bitcoin's price would increase in the long term due to its finite supply.
"you have a finite asset so it will go up and price will go up in the long term"
BTC
Correct
Predicted high volatility for Bitcoin on the day of the ETF launch.
"we're going to see a lot of volatility today"
BTC
Correct
Predicted massive price swings for Bitcoin in the first few weeks following the ETF launch.
"I'm expecting massive price swings up and down in these first few weeks"
BTC
Correct
Predicted Coinbase would need to adapt and potentially lower fees due to competition from cheaper Bitcoin ETFs.
"coinbase is going to have to adapt as it's now cheaper to buy a Bitcoin ETF than it is to buy actual Bitcoin on coinbase so coinbase may have to drop their fees"
COIN
Incorrect