ilmscore | NFA Live! Bitcoin in 2024

NFA Live! Bitcoin in 2024

Published: 2024-08-01
Status: Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Prediction
Topic
Status
Predicted that Jerome Powell will most likely cut interest rates, as he is making 'noises' about it.
"I think if he's if he's making noises about cutting rates then that is most likely what he will do"
Federal Reserve Interest Rates
Pending
Predicted no significant altcoin rally before the US presidential election in November 2024.
"I don't think we're going to see too much of a monster rally before we get out of this presidential election"
Altcoin Market Rally
Pending
Predicted that altcoins will start to show relative strength in 2025.
"yeah I think in 2025 is the answer because I think uh you know crypto is so good the crypto Market if there's one thing it's really good at it it's"
Altcoin Market Strength
Pending
Predicted that the Federal Reserve will most likely cut interest rates by September 2024.
"will cut by September most likely"
Federal Reserve Interest Rates
Pending
Predicted that Bitcoin and Ethereum spot ETFs will absorb excess liquidity earmarked for crypto, potentially leaving less for altcoins.
"are those spot ETFs going to Hoover up that excess liquidity that has been earmarked for crypto by these people"
Crypto Market Liquidity
Pending
Predicted that central banks in countries other than the US will show demand for holding Bitcoin as part of their reserves after January 1, 2025.
"1 of January 2025 from that date central banks will be able to hold crypto Bitcoin on their balance sheet as uh up to 2% of their reserves ... I think there's going to be demand from other countries as well"
Central Bank Bitcoin Adoption
Pending
Predicted that Bitcoin dominance will reach 60% within five months (by January 2025).
"60% I I think we could probably hit within the next five months"
Bitcoin Dominance
Pending
Predicted that Bitcoin dominance could drop to 50% sometime in 2025, possibly by the end of the year.
"I could see dominance going back down to 50 potentially but not but not until sometime next year and it could even be the end of next year"
Bitcoin Dominance
Pending
Predicted that most altcoin rallies (against Bitcoin) will occur in 2025.
"I suspect any future rallies will be reserved mostly for for 2025 for all Bitcoin pairs"
Altcoin Rallies
Pending