No Shill Zone (With Ben Cowen & Gareth Soloway)
Published: 2024-02-26
Status:
Analyzed
Published: 2024-02-26
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin is likely to test resistance above $54,000.
"I have resistance currently sitting at this upper band of this trend line which is just above 54,000 uh we're only about 1,400 bucks away from there so I think that is a very real possibility that we could be headed into into that level then that's the next big test"
Pending
Bitcoin dominance is forming a bottom and consolidating in a flag pattern, suggesting it is preparing for an upside breakout and a massive rally, similar to 2019.
"this kind of reminds me of the whole Bitcoin dominance carving out a bottom um and if it follows that Bitcoin dominance carving out a bottom move then it means you know forming some type of higher low... I'd be like oh man that's that's getting ready to break out to the upside it's just consolidating in a flag pattern there... it broke to the upside and and and just went on a massive dominance rally"
Pending
The S&P 500 is predicted to undergo a correction in the next few weeks, followed by another move higher.
"if it continues to play out it means you know we have a few more weeks the S&P gets another correction maybe not un maybe not that dissimilar from what we saw right there... and then you know then you get another move Higher by the S&P"
Pending
The ETH/BTC ratio is predicted to top out relatively soon (potentially this week of Feb 26 - Mar 3, 2024) and then slowly decline.
"my guess is that eth Bitcoin will likely top out you know relatively soon Pro it could be it could even be this week... but I I do think it it will slowly bleed back down"
Pending
Ethereum (ETH/USD) is predicted to experience a larger correction if the ETH/BTC pair has a weekly close below 0.049.
"when we have a weekly close below 049 for eth Bitcoin that's where I think ethusd will finally get a larger correction"
Pending
Ethereum (ETH) is expected to push higher towards the $3,325 level, reaching the 618 FIB retrace from the previous cycle high to low.
"around 3325 that'll be the 618 from the uh previous high on the cycle... you would assume it uh it should push a little bit higher here"
Pending
Tesla's stock price will break out of its multi-year wedge pattern by March 2025.
"looks like in March of 20 basically a year from now price will have had to have broken one way or the other"
Pending
Tesla is predicted to survive a recession, while Rivian (RIVN) is predicted to be acquired by a larger company like Ford or GM if a recession occurs. Other EV companies like Lucid (LCID) and Neo (NIO) are also implied to be at risk of not surviving on their own.
"I do at least think Tesla will survive any like is if there is a recession... I would assume rivan won't on its own my guess is they're going to get gobbled up by you know Ford or GM"
Pending
Bitcoin is predicted to continue its rally, slowly grinding higher, until approximately one month before the Federal Reserve's first interest rate cut.
"once the Pauls arrived Bitcoin has been playing out in a very similar fashion right draw down and then just sort of a slow grind entire um into one month before the First Rate cut"
Pending
The Russell 2000 (small-cap stocks) is predicted to experience a short-term catch-up rally as money rotates out of large-cap stocks, especially if PCE numbers are decent this week (Feb 26 - Mar 3, 2024), causing the Russell to 'rip to the upside'.
"looking for a catch-up trade in the short term... you'll probably see a little money rotation out of the large players... I think you could see a catch up in um especially if pce numbers come in decently this this week then you'll see the Russell really rip to the upside"
Pending
Global net liquidity is predicted to increase slightly in the short term.
"my guess is that in the short term I I could see net liquidity going back up a little bit"
Pending
The Federal Reserve will eventually be forced to pivot to Quantitative Easing (QE).
"finally QE has to return in all this Glory as the FED is forced to Pivot"
Pending
Altcoin/Bitcoin pairs are predicted to bleed back down to their summer 2023 lows.
"this is what's likely going to happen they're likely going to bleed back down to their summer 2023 low"
Pending
The Federal Reserve is predicted to implement at least a few interest rate cuts in 2024, but not as many as the market initially hoped for, unless a Black Swan event occurs.
"I think we'll probably have at least a few Cuts this year but um I I I don't think we're gonna you know unless unless something catastrophic happens right like there's like a Black Swan event um I don't think we're going to have what the market was initially hoping for"
Pending
The crypto market is predicted to take a breather and underperform the S&P 500 once the Federal Reserve begins cutting interest rates, based on patterns from the previous cycle.
"as the FED started to cut last cycle that's where crypto finally took a breather and the S&P left crypto behind actually... crypto uh just couldn't keep up once those lower rates actually actually arrived"
Pending
Bitcoin is predicted to reach just above $54,000.
"I have resistance currently sitting at this upper band of this trend line which is just above 54,000 uh we're only about 1,400 bucks away from there so I think that is a very real possibility that we could be headed into into that level"
Pending
Ethereum (ETH) is predicted to experience a larger correction against USD if its weekly close against Bitcoin (ETH/BTC) drops below 0.049.
"I think eth can top out when eth Bitcoin goes below 049... when we have a weekly close below 049 for eth Bitcoin that's where I think ethusd will finally get a larger correction"
Pending
Ethereum (ETH) is predicted to reach $3,325 (the 0.618 Fibonacci retracement level).
"a 618 FIB retrace that's that's kind of on my radar coming up here um looks to be right around uh let's see here uh yeah right around just above 3,300 so just an interesting level to watch around 3325 that'll be the 618 from the uh previous high on the cycle on the bull market cycle from here to the low"
Pending
Tesla (TSLA) stock price is predicted to break out of its multi-year wedge pattern by March 2025.
"if we continue to extend them out at some point and we can even guesstimate it looks like in March of 20 basically a year from now price will have had to have broken one way or the other"
Pending
Tesla (TSLA) is predicted to survive a recession, while Rivian (RIVN) is predicted to be acquired by Ford or GM.
"I do at least think Tesla will survive any like is if there is a recession... I would assume rivan won't on its own my guess is they're going to get gobbled up by you know Ford or GM"
Pending
Gold is predicted to outperform silver for a sustained period.
"Gold's probably gonna outperform the other I mean it's probably gonna outperform silver I imagine for for a while"
Pending
Bitcoin's rally (following the Fed pause) is predicted to end one month before the Federal Reserve's first rate cut, which might occur in May or June 2024.
"Bitcoin has been playing out in a very similar fashion right draw down and then just sort of a slow grind entire um into one month before the First Rate cut so I don't know when the First Rate Cut's going to come maybe is May could be June"
Pending
Small cap stocks (e.g., Russell 2000, represented by IWM) are predicted to be significantly negatively impacted (crushed) once a recession occurs.
"I think once we hit a recession small caps are going to get crushed"
Pending
The Russell 2000 (represented by IWM) is predicted to rally significantly if PCE numbers released in the current week (late February 2024) come in decently.
"I think you could see a catch up in um especially if pce numbers come in decently this this week then you'll see the Russell really rip to the upside"
Pending
All altcoin/Bitcoin pairs are predicted to bleed back down to their summer 2023 lows.
"this is what's likely going to happen they're likely going to bleed back down to their summer 2023 low"
Pending
The Federal Reserve is predicted to implement at least a few interest rate cuts in 2024.
"I think we'll probably have at least a few Cuts this year"
Pending
Bitcoin dominance is predicted to break out to the upside from its current flag pattern.
"oh man that's that's getting ready to break out to the upside it's just consolidating in a flag pattern there"
Pending