ilmscore | Bitcoin & FOMC

Bitcoin & FOMC

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
Predicted that altcoin/Bitcoin pairs would ultimately decline, with the process potentially beginning around mid-May 2024 after a 'final exit pump', continuing through summer 2024.
"for reasons again I'll explain later I think this will ultimately resolve to the downside and I think the process is going to potentially kick off about miday... I think that what you're witnessing right now on all Bitcoin pairs are the Final Exit pump of them... I think we need to spend the rest at least the rest of the summer"
Altcoin Performance
Pending
Predicted that altcoin/Bitcoin pairs would drop approximately 40% to reach their range lows, likely before anticipated Federal Reserve rate cuts in 2024.
"theoretically they should drop about 40% or so to get you down to the range lows and I saw it happen last cycle before rate cuts"
Altcoin Performance
Pending
Predicted that Bitcoin dominance (excluding stablecoins) would reach 60% and that this dominance rally would be over by the end of 2024.
"but I think it's going to keep on going up... I don't I don't think the dominance rally is over... 60% and I think that it could do so... I mean I think it'll be over this year"
BTC
Pending
Predicted that altcoin/USD pairs would decline as Bitcoin dominance rises towards 60%.
"in a way that where alt USD pairs are also going down not just alt Bitcoin pairs but alt USD pairs are going down with it"
Altcoin Performance
Pending
Predicted that Ethereum (ETH) would be rejected by or below its bull market support band when paired against Bitcoin (BTC), and would then slowly decline. Any move above the band would be short-lived.
"I think it's going to be rejected by the bullmark sport Ben or below it and so far it has we'll see if that prediction holds water or not... but I just generally think it's going to slowly bleed back down"
ETH
Pending
Predicted that the Federal Reserve would not implement any further interest rate hikes in the current business cycle.
"I don't think they're going to hike I think they are above our star the neutral rate I just think they have to stay here for a while... I don't think they're going to hike again not until the next business cycle"
Federal Reserve Interest Rates
Pending
Predicted that the Federal Reserve would implement two or three interest rate cuts in 2024, assuming a gradual economic slowdown.
"a rate cut is much more likely going to come this year than a rate hike... I don't really think you're going to get a ton of rate Cuts this year but I could see a few break Cuts you could get you could get more if you get um something bad happened but as long as the market just kind of slows you know as long as the economy just is slowing down gradually then you're probably just you know might only get two or three cuts"
Federal Reserve Interest Rates
Pending
Predicted that the US unemployment rate would soon reach 4%, which would then cause the market's pricing of Federal Reserve rate cuts to change.
"I think that the pricing of rate Cuts is going to change when the unemployment rate hits 4% and I it's only a matter of time before it does"
US Unemployment Rate and Federal Reserve Policy
Pending
Predicted that Bitcoin (BTC) would likely fall below its bull market support band in the coming months.
"likely eventually go below it uh in the coming in the coming months"
BTC
Pending