ilmscore | Why Bitcoin Is Flipping In 2023

Why Bitcoin Is Flipping In 2023

Published: 2023-09-01
Status: Available | Analyzed

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
The SEC has a three-day window to either appeal the Grayscale ruling or approve up to seven other Bitcoin ETF applications.
"the next three days puts the SEC in a huge bind because they either have to appeal and fight or they'll have to approve as many as seven other applications from companies within the next three days"
Bitcoin ETF Approval Timeline
Pending
An answer regarding the Bitwise Bitcoin ETF application is expected on Friday, September [Year of video publication].
"today Friday September 2023 we will have the answer to one of those applications bit wise"
Bitcoin ETF Approval Date
Pending
The upcoming Saturday is a critical date for several Bitcoin ETF applications (BlackRock, VanEck, Fidelity, Invesco, WisdomTree) that could significantly impact Bitcoin's price.
"this coming Saturday is the real day to pay attention to and it could flip Bitcoin Price For Better or For Worse"
Bitcoin ETF Approval Date
Pending
An answer regarding the Valkyrie Bitcoin ETF application is expected on Monday.
"then we have Valkyrie on Monday"
Bitcoin ETF Approval Date
Pending
The approval of a Bitcoin ETF, specifically mentioning BlackRock or Grayscale, could cause Bitcoin's price to increase by thousands of dollars in a single day.
"if one of them gets approved like BlackRock or grayscale that could send bitcoin's price thousands of dollars higher in a single day just based on the approval alone"
Bitcoin ETF Approval Outcome Impact
Pending
If all Bitcoin ETF applications are denied, Bitcoin's price is expected to correct downwards, presenting a potential opportunity for dollar-cost averaging.
"if all those applications get denied then bitcoin's price will most likely correct to the downside which could be a good opportunity to dollar cost average into it"
Bitcoin Price Correction
Pending
If a Bitcoin ETF is not approved in the current year, it is most likely to be approved the following year or thereafter.
"if we don't get an ETF approved this year then most likely it'll be next year and if not after that"
Bitcoin ETF Approval Timeline
Pending
A question is posed regarding whether Bitcoin's price will reach six figures ($100,000+) upon the approval of a spot Bitcoin ETF.
"the million dollar question is will bitcoin's price reach six figures over a hundred thousand dollars per coin once a spot Bitcoin ETF is approved"
Bitcoin Price Prediction
Pending
A hypothetical scenario suggests that a four-fold increase in Bitcoin's price over the next seven years would represent an exceptionally good return.
"if bitcoin's price could 4X over the next seven years that would be an insanely good return"
Bitcoin Price Growth Potential
Pending
The Bitcoin halving event in April 2024, combined with potential price growth, is seen as a potentially perfect setup for Bitcoin's price.
"if you combine that with the having that happens in April 2024 that could be the perfect setup"
Bitcoin Price Catalysts
Pending