Published: 2024-03-27
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin is likely not to hold the 20-week SMA as support when it eventually retests it.
"once we do finally test it there's a good chance we might not actually hold it as support"
Pending
Bitcoin market could enter a 'risk-off' period later in summer 2024.
"we... have to go into a a riskof period you know maybe sometime later this summer"
Pending
In the future, Bitcoin will sweep a low, attracting buyers, but instead of bouncing, the market will then shift to a risk-off environment.
"there's going to come a day in our future where we sweep the low everyone piles in to buy that low because they look at what's happened every other time... and then it comes back up and then it actually goes to risk off"
Pending
Altcoin/Bitcoin pairs will decline to previous lows leading up to the Bitcoin halving (April 2024).
"I'm under the impression that all Bitcoin pairs will come back down to these lows as we go into the haboc"
Pending
If Altcoin/Bitcoin pairs are at 0.044 around the halving week, Bitcoin could sweep a low and then rally higher into May 2024.
"if we go into the having and all Bitcoin pairs are at 044 then you could get a repeat of what happened where you kind of come back down and sweep the low but but but then perhaps there's enough liquidity to sort of take it higher into May"
Pending
If Altcoin/Bitcoin pairs break down in April 2024, May 2024 could see Bitcoin put in a lower high, leading to further altcoin breakdowns.
"if they break down in April then you might get a similar type of move as 2021 where May ends up being a lower high and that's where you know you could see the rest of the altcoins break down that didn't break down on the April move"
Pending
If Bitcoin falls below its 8-week moving average before the halving, it could drop to the bull market support band (around $50,000) and Altcoin/Bitcoin pairs could crash on a Bitcoin dump.
"if... sometime between now and the having Bitcoin is below its eight-week moving average then I think this could come into play where you're going back down to the bullmark SP band at say the fair value fit to non-bubble data around that time and then it could theoretically correspond to all Bitcoin pairs going back down to the lows on a Bitcoin dump"
Pending
Bitcoin dominance is predicted to reach 56% in April or May 2024.
"I think that dominance of Bitcoin will be going to 56% either in April or May"
Pending
A higher-than-expected unemployment rate (4.0-4.2%) reported early April 2024 could cause Bitcoin's rally into the halving to falter.
"if the unemployment rate comes back in next week and instead of 3.9% or 3.8% what if it comes in at 4% or 4.1 or 4.2 that could theoretically lead it to falter"
Pending
If a third rally wave occurs for Bitcoin, it will coincide with a breakdown of Altcoin/Bitcoin pairs.
"my guess is that if we do get a third if we do get it my guess is that it will be on the breakdown of all Bitcoin pairs right that is my guess where alt Bitcoin pairs finally cave"
Pending
Bitcoin could retest the 20-week SMA around the week of April 8, 2024, based on the 2019 cycle pattern.
"25 weeks from here would actually put us a the week of April 8th"
Pending
Altcoin/Bitcoin pairs could break down around the week of April 8, 2024, based on a 41-week pattern from a previous low.
"41 weeks later from that l put you the week of April 8th"
Pending
An Altcoin/Bitcoin ratio below 0.04 would signify a risk-off environment.
"below point4 it's a risk-off environment in my view"
Pending
Bitcoin could return to the bull market support band (49k-51.2k) in April 2024 if the labor market data comes in significantly weaker than expected.
"if that happens then we could we could go back to the bullmark SP band in April"
Pending