Published: 2024-12-05
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin (BTC) is predicted to reach 3x its yearly open price by the end of 2024, assuming current trends continue.
"if this were to continue I can't possibly know how high it's going to go but if it were to continue through the end of the year it would basically put it at a 3X from the yearly open"
Pending
Bitcoin (BTC) is predicted to continue its rally for 52-54 weeks from the spot ETF launch (around January 2024), potentially seeing a correction around January 20, 2025.
"if Bitcoin rallies in into the end of the year right and if it rallies into say a year after the spot ETF launch we talked about that it could rally you know 52 weeks 54 weeks 54 weeks would put it the week of inauguration January 20th the same time that Gary Gins resigns that could get you you know that next leg up and then maybe you get a correction after that"
Pending
Ethereum (ETH) to Bitcoin (BTC) pair is predicted to start moving up in late 2024 (December) or early 2025 (January).
"my guess is eth doesn't start to move until later this year early next year when it always does the end of December or it doesn't even have to be the end of December I'm talking about eth Bitcoin not eth USD get off my back eth Bitcoin a lot of times it doesn't start to move until sometime in December or latest January right it could take until January there is some precedent for that"
Pending
Bitcoin (BTC) is predicted to reach $107,000 in the short term, possibly within the week of video publication (early December 2024).
"where would it where was it where would it imply with possible in the short term well if you solve for x it's 107k right so 107,000 would be if it goes all the way up to 042 on this trend line"
Pending
Bitcoin (BTC) is predicted to see a small pullback in the second week of December 2024, followed by a 22% price increase in the third week of December 2024, mirroring 2020's price action.
"it got this green candle up a new all-time high the same week the same week that we're in right now right the first week of December the next week got a little bit of a pullback and then the next week was a 22% move up 22% in one week okay 22% in one week that's what happened in 2020"
Pending
Bitcoin (BTC) is predicted to have a higher price by the end of 2024 than its price at the time of the video (early December 2024).
"if it follows either one of them it would be higher at the end of the year than it is right now"
Pending
A major Bitcoin (BTC) top is predicted to occur when its monthly Relative Strength Index (RSI) reaches approximately 87, which could happen in a few months (early 2025) from the video's publication date.
"the monthly RSI is probably going to be what you really want to focus on because you know a lot of the major tops have occurred around that time um and that would correspond to you know 87 or so right now now it's at 77 right so now if you find it up here in a month or two or a few months then it might be might be time it's not goingon to lie it's not going to go on forever"
Pending
Bitcoin (BTC) is predicted to experience a 30% correction in January of the post-halving year (January 2025), following historical patterns.
"a lot of times Bitcoin gets a correction in January of post having years right here's a 30% drop uh in 2017 you also got a 30% drop in and January the postt year right so 30% yeah it could take you to a higher price than it is today depending on how how high Bitcoin goes I mean if Bitcoin goes up a lot and then it dropped 30% it could still be at a higher price than it is right now"
Pending
Ethereum (ETH) USD price is predicted to potentially not reach a new all-time high until January of the post-halving year (January 2025), mirroring the 2020-2021 cycle.
"it was December of 2020 and eth still hadn't put in an all-time high and it didn't put in an all-time high until January of the post having year right this is what I was trying to tell people about eth Bitcoin was that it might not put in an all-time high until well after Bitcoin has and it might not occur it might not happen until the post having year"
Pending
If Bitcoin (BTC) experiences a small correction (dropping below 100K) and Bitcoin dominance increases during that pullback (early December 2024), then Bitcoin dominance has a high chance of increasing for the next 3-4 weeks and into the end of 2024.
"if it breaks back down next week just a small correction and dominance goes up next week then no one has a crystal ball including and especially myself but if dominance goes up next week then there is a very high chance that dominance will then just go up for the next three to four weeks after that right and going up into the end of the year"
Pending
Bitcoin (BTC) dominance is predicted to rally for approximately 40 days from its current (early December 2024) low, potentially reaching January 12, 2025.
"let's say 40 days 40 days from this potential low and again you could have a dominance rally that does not lead to a new High by dominance but it just may it might go up for 40 days that puts you January 12th again the only reason I'm bringing this stuff up is because January 12th is about you know it's just about a year after the ETF launch"
Pending
Bitcoin (BTC) dominance is predicted to not top until the post-halving year (2025), with a historical precedent for topping in early January of the post-halving year.
"you don't fade Bitcoin dominance with a strong conviction until the post having year that doesn't mean it can't top before the post year but last cycle dominance topped early January of the postt year"
Pending
If Bitcoin (BTC) USD price pulls back and Bitcoin dominance simultaneously increases, then Bitcoin dominance is predicted to 'skyrocket' when Bitcoin (BTC) price resumes its rally.
"the Telltale sign will be whenever there's a pullback by by Bitcoin USD if dominance goes up during that pullback then whenever Bitcoin goes up again then dominance will Skyrocket"
Pending
Bitcoin's price will be 3 times its yearly open (around $42,200, implying ~$126,600) by the end of 2024.
"if it were to continue through the end of the year it would basically put it at a 3X from the yearly open"
Pending
Bitcoin could rally for 54 weeks after the spot ETF launch (until January 20, 2025), leading to another leg up followed by a correction.
"it could rally you know 52 weeks 54 weeks 54 weeks would put it the week of inauguration January 20th... that could get you you know that next leg up and then maybe you get a correction after that"
Pending
Bitcoin could break above $100k the week of Dec 2-8, 2024, and then fall back below $100k the week of Dec 9-15, 2024.
"If it does play out like 2020 you should know that there's a chance where we just kind of go above 100K here and then next week we fall back below it again"
Pending
If Bitcoin dominance increases during the week of Dec 9-15, 2024, it is highly likely to continue rising for the following 3-4 weeks.
"if dominance goes up next week then there is a very high chance that dominance will then just go up for the next three to four weeks after that"
Pending
Following its break above $100k (week of Dec 2-8, 2024), Bitcoin could experience a brief pullback, similar to QQQ in 1999, before rallying for 4-5 consecutive weeks.
"if it were to play out like that where it's you know it's sort of breaking through 100k this week and and it's sort of you know it's kind of feeling feeling what's out there seeing seeing what's what you know I mean you know you're you're basically exploring Uncharted Territory right now for Bitcoin above 100K ... once it finally got through 100 here first week of February second week of February the following week it dropped back down to 95 again right but then the following week after that for the next four or five weeks it was just up up up up for five weeks straight"
Pending
Bitcoin dominance could rally for 40 days from its recent low (around early December 2024) until approximately January 12, 2025.
"it might go up for 40 days that puts you January 12th"
Pending
Bitcoin could reach $107,000 during the week of December 2-8, 2024.
"if you solve for x it's 107k right so 107,000 would be if it goes all the way up to 042 on this trend line"
Pending
The absolute worst-case scenario for the ETH/BTC price ratio is 0.03.
"I would say absolute worst case scenario is 0.03"
Pending
The ETH/BTC price ratio could reach its worst-case scenario of 0.03 by the end of 2024 or, at the latest, during the first 1-2 weeks of 2025.
"worst case scenario would be that it happens by the end of 2024 or very early 2025 and why when I mean like I mean like the first or second week of 2025 at the absolute latest"
Pending
If the low point for the ETH/BTC price ratio has not yet occurred (as of Dec 5, 2024), it is expected within the next 4-5 weeks, i.e., by early January 2025.
"if the low for eth Bitcoin is not in worst case scenario is four to five more weeks and then it'll be"
Pending
Bitcoin's price will be higher than its current level (approximately $100,000 as of Dec 5, 2024) by the end of 2024.
"if it follows either one of them [2023 or average of prior having years] it would be higher at the end of the year than it is right now"
Pending
Bitcoin dominance, following historical patterns from the last cycle, could top out in early January of the post-halving year (early January 2025).
"last cycle dominance topped early January of the postt year"
Pending
If Bitcoin experiences a price drop while Bitcoin dominance continues to rise, then the subsequent Bitcoin rally will cause Bitcoin dominance to significantly increase ('soar').
"if Bitcoin drops and Bitcoin dominance still goes up then whenever Bitcoin goes up again dominance will soar"
Pending
If Bitcoin's monthly Relative Strength Index (RSI) reaches approximately 87 within the next 1-3 months (i.e., by early 2025), it could indicate a market top.
"the monthly RSI is probably going to be what you really want to focus on because you know a lot of the major tops have occurred around that time um and that would correspond to you know 87 or so right now now it's at 77 right so now if you find it up here in a month or two or a few months then it might be might be time"
Pending
Historically, Bitcoin often experiences a correction of approximately 30% in January of the post-halving year, a pattern likely to repeat in January 2025.
"a lot of times Bitcoin gets a correction in January of post having years right here's a 30% drop"
Pending
A major Bitcoin price drop, mirroring the pattern of the QQQ in 1999, could happen around the week of January 20, 2025.
"that drop occurred back then again it was 54 weeks after the launch of the QQQ which for this cycle wouldn't put it happening until the week of January 20th"
Pending
Altcoin pairs against Bitcoin (alt/BTC) have a chance to continue their rally into December 2024.
"alts could easily rally on their Bitcoin pairs in November and there is a chance that they just continue that rally into December as as well"
Pending
Bitcoin's market movement suggests the labor market data to be released in a couple of days (Dec 6, 2024) will not be negative.
"it feels like bitcoin's trying to tell us that it's gonna you know that the labor Market's not going to be that bad but we'll see I mean obviously we won't know until a couple days from now"
Pending
Quantitative Easing (QE) is anticipated to begin soon, likely in early 2025, aligning with the historical trend of Bitcoin dominance decreasing in post-halving years.
"it seems like there's a good chance QE is going to begin soon normally dominance goes down in post having years"
Pending