ilmscore | What’s Really Happening To Bitcoin… Again

What’s Really Happening To Bitcoin… Again

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
The final deadline for the SEC to approve or deny the spot Bitcoin ETF is February 23rd, 2024.
"but their final deadline is February 23rd 2024."
Bitcoin ETF Approval Timeline
Pending
Estimated Bitcoin price in 2024 ranges from $35,000 to $45,000, potentially serving as a floor price.
"estimates range anywhere from 35 to 45 000 per coin in 2024."
Bitcoin Price Prediction
Pending
If the spot Bitcoin ETF is rejected, Bitcoin's price could rapidly fall below $30,000.
"if the opposite happens and this ETF gets rejected we could see bitcoin's price fall way below thirty thousand dollars really really fast"
Bitcoin Price Prediction
Pending
The speaker believes Bitcoin's price growth, post-ETF approval, will be faster than gold's historical growth.
"in my very personal opinion I think bitcoin's price growth will be even faster"
Bitcoin Price Growth
Pending
Gold experienced a 4.5x price increase in seven years after its spot ETF was born in 2004.
"by 2011 just seven years later the price of gold was close to two thousand dollars an ounce or a four and a half times increase in just seven short years"
Bitcoin Price Growth
Pending
The current odds of the spot Bitcoin ETF being approved are estimated to be 50/50.
"so the odds of this ETF being approved is about 50 50."
Bitcoin ETF Approval Odds
Pending
The speaker believes cryptocurrency, particularly Bitcoin, is digitizing gold and evolving into a form of digital gold.
"and it's sort of like the evolution of digital gold so I do believe the role of crypto is um it is it is it's digitizing gold in many ways"
Bitcoin as Digital Gold
Pending
Coinbase stock increased by 135%, from approximately $33 to $80 per share, within the year.
"coinbase's stock was here about 33 dollars per share and today it's closer to 80 a share which is a 135 percent increase"
Coinbase Stock Performance
Pending
Bitcoin has increased by 82% this year, outperforming the stock market's 15% gain by 5.5 times.
"Bitcoin exploded to over thirty thousand dollars or 82 percent this year which is pretty amazing when you remember that the stock market is also doing really good this year but it's up only 15 by comparison so Bitcoin is doing five and a half times better"
Bitcoin Performance vs. Stock Market
Pending