Published: 2024-10-16
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin likely to rally to $67k-$68k starting mid-October [2024].
"likely rallying starting in about mid October to approximately 67 to 68k"
Pending
Bitcoin's momentum is expected to wane slightly before the November 1st unemployment rate release [2024], as the market awaits clarity on unemployment trends.
"I'm guessing that the momentum will Wan a little bit because the Market's going to want to know what happens right the Market's going to want to know what happens is this move by the unemployment rate recently is it the start of a new trend"
Pending
If the labor market is favorable (low unemployment rate print in November), Bitcoin is predicted to continue going up in Q4 [2024] and break through its lower high structure.
"if the labor market comes in okay then it's more likely that we just follow that 2019 pattern and or the Q4 prior having year pattern and we see Bitcoin continue to go up in Q4 and break through this lower high structure"
Pending
A final market selloff is predicted after Bitcoin dominance reaches 60%.
"after Bitcoin dominance reaches 60% there should be I think one final selloff"
Pending
If USDT dominance holds support on its trend line, it is predicted to reach around 7% by December [2024].
"if usdt dominance holds support on the trend line then the resistance level... would actually put it let's just say it happens by December would actually put it right around 7%"
Pending
If the unemployment rate goes up in November [2024], leading Bitcoin to put in another lower high and retest its trendline bottom, Ethereum is predicted to experience a significant drop (similar to 2019).
"if it does [unemployment rate goes back up in November]... Bitcoin painfully puts in another lower high and then it goes back down to the bottom of the trend line again well that should be sufficient to take eth home"
Pending
Ethereum is predicted to drop during the November-December [2024] timeframe.
"I still go back to that view that eth could drop November December time frame"
Pending
Bitcoin could reach $70k if it breaks its lower high structure and returns to the prior lower high.
"if it did that this time [broke the lower high structure and went back up to the prior high] you know what it would correspond to 70k right 70k"
Pending
If the labor market has a bad print in November [2024], Bitcoin is likely to experience one final selloff.
"if it gives us a bad print in November then I would say Watch Out Below and you get you likely get one final selloff before we before we you know pick back up again"
Pending
If Bitcoin experiences a selloff in November-December [2024], it is predicted to form another local bottom.
"if Bitcoin did get another selloff in November December... it just ends up being another local bottom"
Pending
If there is no selloff and the unemployment rate remains soft, Bitcoin is predicted to break its lower high structure, potentially retest it in December [2024], and then continue to go higher into 2025.
"if there's not a selloff and the unemployment rate comes in soft... what I would expect would be to break through the lower high structure to maybe back test it on on say the December print and then it continue going higher into 2025"
Pending
A soft landing in late 2024, followed by a potential hard landing in 2026.
"sort of a soft Landing late 2024 and and then maybe a hard Landing in in 2026"
Pending
A brutal bear market is predicted to potentially occur in 2026, aligning with historical midterm election years.
"you do get a bare Market a pretty brutal be Market but maybe it's not doesn't come until 2026 when it always comes right in the midterm year 2014 2018 2022 and perhaps 2026"
Pending