ilmscore | Bitcoin: Dooooobious Speculation

Bitcoin: Dooooobious Speculation

Published: 2024-10-31
Status: Analyzed

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Prediction
Topic
Status
The week starting October 28, 2024, was predicted to be a 'decision week' for Bitcoin, determining whether the cyclical or monetary policy view would prevail.
"I said that this was decision week right it's decision week this is the week where things should deviate either to the cyclical view or the monetary policy view"
BTC
Pending
Bitcoin's year-to-date ROI is predicted to increase in Q4 of 2024 due to historical cyclical patterns.
"normally it goes up in Q4 of the having year"
BTC
Pending
If Bitcoin closed above $70k for the week ending November 1, 2024, the cyclical view (slow grind up) for the rest of 2024 would gain more evidence. If it closed below $70k, the monetary policy view (less bullish) would be more likely for the rest of 2024.
"a weekly close above 70k would go a long way in helping to give even more evidence to support the cyclical view of Bitcoin... if Bitcoin falls back and closes down here... I think that the monetary policy view would be more likely to play out for the rest of the year"
BTC
Pending
ETH/USD is predicted to 'finally go home' (bottom out) by the end of 2024, marking the end of the altcoin reckoning for this cycle.
"if ethusd fin finally goes home after all this time that would likely Mark the end of the altcoin Reckoning for this cycle and it's probably going to happen by the end of the year"
ETH
Pending
Ethereum (ETH/USD) is predicted to continue dropping in November and December 2024.
"if ethereum continues to drop in November and December which to be completely honest is my base case on its USD pair"
ETH
Pending
Bitcoin dominance is historically predicted to decrease in the post-halving year (2025).
"the post having year is the year where Bitcoin dominance historically goes down"
BTC
Pending
Alt season (altcoins durably outperforming Bitcoin) is predicted not to occur until 2025.
"alt season is likely not going to happen until 2025"
Altcoin Season
Pending
If Bitcoin rallied for the rest of 2024, alt season might occur in early 2025. If Bitcoin did not rally for the rest of 2024, alt season would be delayed, potentially until later in 2025.
"if Bitcoin rallies for the rest of the year then early 2025 people might finally get what they want... if Bitcoin does not Rally throughout the rest of the year then alt season will further be delayed and might not actually occur until later on in 2025 assuming we get it"
Altcoin Season
Pending
Altcoin pairs (against Bitcoin) are predicted to drop to 0.25 by the end of 2024 if the current cycle completes as expected.
"if the cycle completes then alt Bitcoin pairs could go to 0.25 by the end of the year"
Altcoins
Pending
Altcoins are predicted to put in a lower high against Bitcoin in the year 2025.
"just for a year they're still likely going to put on a lower high against Bitcoin"
Altcoins
Pending
If Bitcoin breaks out, altcoins are predicted to bleed against Bitcoin. If Bitcoin breaks down, altcoins are also predicted to bleed against Bitcoin, or at least against the US dollar until Bitcoin's drop concludes.
"if Bitcoin breaks out alt bleed against Bitcoin if Bitcoin breaks down good chance that alt bleed against Bitcoin but they if they don't they would still likely bleed to the US dollar until bitcoin's drop finishes"
Altcoins
Pending