Published: 2024-03-11
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The longer Bitcoin goes without retesting its 20-week Simple Moving Average (SMA) and 21-week Exponential Moving Average (EMA), the harder it will be for it to hold those levels as support when a test eventually occurs, due to a lack of built-up support.
"the longer it takes us to get there the you know the harder it probably comes to actually hold it just because we didn't really build up support along the way"
Pending
A breakdown of altcoin pairs against Bitcoin, coupled with a Bitcoin USD pullback exceeding 20-22%, could signal a short-term reversal in Bitcoin's overall trend.
"whenever all Bitcoin pairs do break down that might be a sign of a larger pullback by Bitcoin USD and if you do get a larger pullback let's say larger than 20 to 22% then it might imply some type of shorter term reversal in in the overall trend"
Pending
Bitcoin is expected to enter a cool-off phase after the Bitcoin halving event and the narrative surrounding a potential Ethereum spot ETF has played out.
"I do expect some type of cool off phase um you know as we as we get Beyond these main narrative driven things right the the the having and of course the the spot ETF for eth"
Pending
If Bitcoin does not experience a cool-off phase after the halving, there is a possibility of a translated cycle top.
"if there's not a cool down phase after the having then I you know you could have you certainly could have some type of of translated cycle top"
Pending
In the past, the author predicted that a dip to 39k was the pre-halving dip and that there wouldn't be a larger dip before Bitcoin's price moved higher. This prediction has been confirmed by Bitcoin reaching 70k.
"back over here I was very clear that look guys this could be sort of that preh having dip the typical preh having dip that comes and you might not get anything more than that assuming that it plays out like all these prior three Corrections by Bitcoin and that was at 39K and now we've gone all the way up to 70k"
Pending
Eventually, liquidity in the altcoin market will fade, altcoin-Bitcoin pairs will bleed, Bitcoin dominance will increase, and then Bitcoin will drop below its 20-week moving average.
"eventually it it you know that sort of that liquidity fades in the altcoin market all Bitcoin pairs bleed Bitcoin down dominance goes up and then Bitcoin finally reaches a point where it goes back below 20 moving average"
Pending
When Bitcoin eventually experiences a larger pullback to retest its 20-week SMA or 21-week EMA, the longer it has taken to reach that retest (due to not building support along the way), the more difficult it will be for Bitcoin to hold those levels as support.
"whenever there is a larger pullback in the market look towards that 20we SMA that 21 we EMA and the longer it takes us to get there the you know the harder it probably comes to actually hold it just because we didn't really build up support along the way"
Pending
Bitcoin will either rally into the halving event or top out about a month before the halving and then see a lower high into the halving.
"I don't know if it's going to play out with Bitcoin like a rally into the having or if it tops out about a month before the having and then we get a lower high in the having"
Pending
The author expects Bitcoin to enter a cool-off phase after the halving and the ETH spot ETF narrative plays out.
"I do expect some type of cool off phase um you know as we as we get Beyond these main narrative driven things right the the the having and of course the the spot ETF for eth"
Pending
The author believes the current market environment (marked by Bitcoin dominance and high interest rates) is characteristic of a late business cycle Quantitative Tightening (QT) phase, which will inevitably precede rate cuts.
"dominance has just been sort of on a tear slowly but surely during the entire R making me still think it's more like late business cycle QT um you know before we inevitably get to rate cuts and and everything that comes with that"
Pending