ilmscore | Bitcoin: Bull Market Support Band

Bitcoin: Bull Market Support Band

Published: 2024-06-24
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
Predicted that Bitcoin would experience a summer low in 2024.
"I said going into this summer right that we should see theoretically we should see a summer low"
BTC
Pending
Predicted that any rallies for altcoin/Bitcoin pairs would be short-lived and they would eventually drop to a 0.25 ratio.
"any types of moves back up to the upside for all Bitcoin pairs I would expect to be relatively shortlived um I do think eventually they are going to go down to 0.25 especially now that that support is is theoretically breaking"
Altcoin performance against Bitcoin
Pending
Predicted that most altcoins would continue to lose value against Bitcoin, irrespective of Bitcoin's USD price movement.
"my view on alt Bitcoin fairs is that go down no matter the direction of Bitcoin USD I don't care if Bitcoin goes up down sideways whatever guess what most alts are going to bleed"
Altcoin performance against Bitcoin
Pending
Predicted that altcoins could experience an additional 33% drop in USD value over the next several months.
"altcoins could still easily drop from the current levels over the next several months another 33%"
Altcoins
Pending
Predicted that Bitcoin dominance combined with USDT dominance would break above 61% and continue to increase.
"I think we're building up to that right now I think we're going to break through and I think it's going to go back up over here"
Bitcoin dominance and USDT dominance
Pending
Predicted that the Advanced Decline Index of the top 100 cryptocurrencies would fall below its October 2023 low.
"there's a good chance that we're going to take out the October low in terms of the advanced decline index the top 100 cryptocurrencies"
Crypto market breadth
Pending