Published: 2024-09-07
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
If Bitcoin's price drops below $53,000, there is a decent chance it will fall into the $40,000 range.
"if it goes below 53k you know you have to think there's a decent chance that's going to go back into the 40s"
Pending
Bitcoin's peak in March 2024 is predicted to precede a US recession by nine months, placing the recession's start around December 2024. This recession, potentially mild, will coincide with a Q4 2024 peak in the number of states with rising unemployment.
"in 2019 Bitcoin topped out in June the recession was nine months later okay in March 2024 B Bitcoin topped out 9 months later December of 2024... what if it's just turning up into a higher high in December that ends up being you know backdated some type of again it doesn't have to be like a 50% crash right I mean there are some recessions that are are more mild... but it would it would line up with basically everything"
Pending
Ethereum (ETH) is predicted to drop to approximately $1,200 by December 2024 (representing a 70% decline from its high), aligning with its logarithmic regression trend line and mirroring historical patterns from December 2016 and December 2019.
"it would even line up with ethereum finally going to its logarithmic regression trend line which is what it did in 2016 and 2019 in December December 2016 December of 2019 December of 2024... in 2016 and 2019 ethusd dropped 70% from the high and 70% from the high is $1,200 which by the way as I just showed is right where the regression band is so it seems like it seems like there's a chance that it all lines up"
Pending
The number of US states experiencing a rising unemployment rate (compared to six months prior) will reach a higher high by the end of 2024.
"Is this just a series of higher highs and higher lows where it's going into a potential another higher high by the end of this year? I think that's possible outcome now."
Pending
Initial jobless claims in the US are likely to rise to approximately 300,000 by the end of the current economic cycle.
"really in order to get into real recession territory you need to see initial claims closer to 300K and they just they haven't been there they probably will go there by the end of this cycle but they're not there yet."
Pending
Bitcoin dominance is predicted to increase regardless of whether Bitcoin's price bounces or crashes, given that monetary policy has not yet loosened.
"my conention is this whether Bitcoin bounces or crashes dominance should go up"
Pending
Bitcoin dominance is predicted to increase regardless of Bitcoin's short-term price movements.
"whether Bitcoin bounces or crashes dominance should go up"
Pending
If Bitcoin's price falls below $53,000, there is a decent chance it will then drop further into the $40,000 range.
"if it goes below 53k you know you have to think there's a decent chance that's going to go back into the 40s"
Pending
Ethereum (ETH) is predicted to reach $1,200 by December 2024, representing a 70% drop from its high and aligning with its logarithmic regression trend line.
"it would even line up with ethereum finally going to its logarithmic regression trend line which is what it did in 2016 and 2019 in December December 2016 December of 2019 December of 2024... in 2016 and 2019 ethusd dropped 70% from the high and 70% from the high is $1,200 which by the way as I just showed is right where the regression band is"
Pending
The number of US states with a rising unemployment rate (compared to six months prior) is predicted to reach a new high by the end of 2024.
"is this just a series of higher highs and higher lows where it's going into a potential another higher high by the end of this year"
Pending
The Federal Reserve is predicted to cut interest rates relatively soon (post-September 2024).
"the labor market is is really starting uh to soften up and it makes sense that the FED is is going to be cutting relatively soon"
Pending
Economists are predicted to retroactively declare that the US economy was in a recession within 6 to 12 months from September 2024.
"there's a decent chance that in you know in 6 to 12 months they're going to look back and say that we were in a recession right now"
Pending
A US recession is predicted to begin in December 2024, following Bitcoin's top in March 2024.
"in March 2024 B Bitcoin topped out 9 months later December of 2024"
Pending