ilmscore | Bitcoin Hits a new All Time High!

Bitcoin Hits a new All Time High!

Published: 2024-11-06
Status: Analyzed

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Prediction
Topic
Status
Bitcoin was predicted, around March-April 2024, to break its lower high structure and reach new all-time highs within 6 to 9 months.
"about seven or eight months ago we said it'll likely take between 6 to 9 months for Bitcoin to break through the lower high structure and to go to new all-time highs"
BTC
Pending
Bitcoin is likely to continue outperforming altcoins until 2025.
"it's still likely that Bitcoin will outperform those uh those altcoins until until 2025"
BTC
Pending
The US Dollar and long-end yields are likely to rally for the remainder of 2024, and Bitcoin could also appreciate during this period.
"my argument is that the dollar is likely going to go up for the rest of the year and it could do that and Bitcoin could also go up... I think there's a higher chance that we'll just continue to Rally into the end of the year"
BTC
Pending
The speaker will concede his prediction of Ethereum (ETH) significantly declining if it achieves and holds two consecutive weekly closes above its 20-week Simple Moving Average (SMA).
"if if it can get a weekly close above the 20we SMA and maybe two I would I would concede that it's not going to happen... if it gets back above the 20we moving average and then holds it then I would I would concede that view"
ETH
Pending
Bitcoin is likely to be the better investment compared to altcoins for one more month (until early December 2024).
"I do think that Bitcoin likely will be the better play for one more month"
BTC
Pending
Various altcoins, including Ethereum, are likely to start bottoming out against Bitcoin between November and December 2024.
"at any given point between now and the end of the year you will likely see various altcoins start to bottom against Bitcoin and I would argue that eth Bitcoin could bottom at any moment"
ETH, BTC
Pending
If Ethereum's (ETH) November 2024 monthly close is green, the prediction of ETH significantly declining will be considered wrong. If it closes red, ETH is still on course to decline.
"if November is green then it's it's then I think the view is wrong if November is red then there's a good chance eth is going to go home"
ETH
Pending
The FOMC is likely to make a 25 basis point rate cut on November 7, 2024.
"tomorrow is likely just going to be 25"
Monetary Policy
Pending
Lower market cap altcoins (represented by 'OTHERS/BTC') are likely to drop further and not fully bottom against Bitcoin until December 2024.
"there still is a decent probability here that those lower market cap alts could still drop a little bit going into December of 2024... there is a good chance that others Bitcoin will likely go down and not fully bottom until December"
Altcoins
Pending
The market's next major concern will be the un-inversion of the 3-month and 10-year yield curve, expected within a few days or weeks.
"the next thing that I imagine the market will worry about will be the uninverted yield curve... the thing is going to be the next thing that the markets are going to look at is is the UN inversion of the 3month and the 10 year yield"
Yield Curve Un-inversion
Pending
Following the yield curve un-inversion, the market will shift its focus to predicting the timing of a recession.
"after that it'll be how long until the recession"
Recession
Pending