Published: 2024-02-18
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The downtrend of the Ethereum (ETH) to Bitcoin (BTC) pair is nearing its end but is not yet completely over.
"If anything I think we are getting close closer to the end of this downtrend although I don't think the downtrend is necessarily over just yet and I will talk more about that and and what I would be looking for to see the finalization of the downturn of the eth Bitcoin pair"
Pending
Bitcoin dominance is predicted to continue increasing until the Federal Reserve pivots its monetary policy.
"my bias is that it will continue to go higher because there hasn't been a pivot here there has not been a pivot and so until there is my bias is that dominance will continue to climb"
Pending
Ethereum (ETH) was predicted to underperform Bitcoin (BTC) after the Ethereum merge (September 2022).
"going into the merge I said very very uh you know very convincing in my mind that e Bitcoin would likely underperform right the E theum Bitcoin valuation would bleed"
Pending
Ethereum's (ETH) USD price is expected to make one more push higher (potentially to a 10x equivalent of the 2019 peak around $360, meaning ~$3600) and then experience a significant fall, similar to the 2019 cycle, conditional on Bitcoin outperforming and the ETH/Bitcoin pair breaking down.
"I do wonder is it carrying out the same exact thing where it pushes up just a bit more and then it it falls but why would it fall why would it fall well could it fall and still maintain the Integrity of the cyclical charts I would argue that it could... if eth USD keeps going up as Bitcoin does but Bitcoin takes over and eth Bitcoin breaks down then I would be concerned about a repeat of this"
Pending
Ethereum's (ETH) return on investment in the current market cycle is expected to show diminishing returns compared to prior cycles.
"at some point I would expect the current cycle to not keep Pace with the last cycle as much as you know as much as I'm sure everyone would just love for it to do that Bitcoin shows us that that is not something that happens right eventually we put in diminishing returns from one cycle to another every cycle the final Roi was lower than the cycle before it so I don't know why I would assume this cycle would be different for eth"
Pending
Ethereum's current market cycle (from 2022 low) is expected to yield diminishing returns (lower overall ROI) compared to its previous cycles.
"at some point I would expect the current cycle to not keep Pace with the last cycle... Bitcoin shows us that that is not something that happens right eventually we put in diminishing returns from one cycle to another every cycle the final Roi was lower than the cycle before it so I don't know why I would assume this cycle would be different for eth"
Pending
A larger pullback in Ethereum's (ETH) USD price is implied if the ETH/Bitcoin pair drops below its prior low of 0.049.
"if eth Bitcoin were to break below this low then that would imply that ethusd could finally see a larger pullback"
Pending
If the ETH/BTC valuation drops below 0.049, then ETH/USD could experience a significant price pullback.
"if eth Bitcoin were to break below this low [0.049] then that would imply that ethusd could finally see a larger pullback"
Pending
The ETH/Bitcoin pair is predicted to bottom out around mid-2024, potentially following three consecutive strong red monthly candles (e.g., March, April, May 2024).
"are we going to get one two three to then Mark the low on the eth Bitcoin valuation which probably could happen I don't know maybe around sometime mid this year if it if if we were to get red candle a strong red candle let's say in March perhaps it would be March April May maybe it would be March April May"
Pending
The ETH/BTC valuation is likely to experience three consecutive strong red monthly candles (potentially March, April, May 2024), which would mark its downtrend low by mid-2024.
"are we going to get one two three [red monthly candles] to then Mark the low on the eth Bitcoin valuation which probably could happen I don't know maybe around sometime mid this year if it if if we were to get red candle a strong red candle let's say in March perhaps it would be March April May maybe it would be March April May"
Pending
Bitcoin dominance is predicted to reach the 0.5 FIB retracement level at 56%, which could coincide with a local top for Bitcoin (BTC) USD, a breakdown in the ETH/Bitcoin pair, and a local top followed by a drop for Ethereum (ETH) USD.
"when it Bitcoin USD hits a level that causes Bitcoin dominance to hit that 0.5 FIB betra at 56% which precisely could correspond to eth bitcoin breaking down which could also correspond to eth USC finding a local top before dropping I think it's I think that could happen"
Pending
When Bitcoin dominance reaches its 0.5 Fibonacci retracement level of 56%, Bitcoin USD will hit a local top, leading to the ETH/BTC valuation breaking down and ETH/USD finding a local top before dropping.
"what if this is the case that when it Bitcoin USD hits a level that causes Bitcoin dominance to hit that 0.5 FIB betra at 56% which precisely could correspond to eth bitcoin breaking down which could also correspond to eth USC finding a local top before dropping"
Pending
The ETH/Bitcoin pair is predicted to eventually retest its prior lows around 0.049, with the earliest potential timing for this being March 2024.
"I do think it will eventually go back down to the prior lows at 049 um but again good chance that the earliest it doesn't happen until March"
Pending
Assuming ETH/BTC breaks down, ETH/USD could drop to the bottom of its regression band.
"I'm assuming eth Bitcoin is going to break down somewhere you know somewhere in this range on and this is the USD chart and then perhaps from there eth USD could go down to the Reg Russ band"
Pending
Ethereum (ETH) is expected to eventually experience a 50% price correction from its local high, mirroring the drop observed after quantitative tightening (QT) ended in 2019.
"is The New Normal or is it you know is it just sort of going with this trend of of higher highs on this and then eventually it it still breaks down 50% um note that it got a 50% drop you know once Q QT ended in 2019 it got that 50% drop"
Pending
Bitcoin dominance will rally into the Bitcoin halving in April 2024, causing all altcoin/Bitcoin pairs (excluding ETH/BTC, which typically lags) to break down below support in March or April 2024.
"what if we get a dominance rally into April and the dominance rally into April right around the time of the we had a dominance rally into the spot ETF why won't we have one into the Havoc it's this whole thing's been narative driven event driven so what if all Bitcoin pairs drop down below support right around that time you know either March or April that seems like a viable outcome to me March or April for for Bitcoin pairs breaking down"
Pending
Altcoin/Bitcoin (ALT/BTC) pairs are predicted to experience a breakdown in March or April 2024.
"March or April for for Bitcoin pairs breaking down"
Pending
The ETH/BTC valuation will eventually return to its prior lows of 0.049.
"I do think it will eventually go back down to the prior lows at 0.049"
Pending
The ETH/BTC valuation may finally break down and bottom out in the coming months (mid-2024), coinciding with delayed Federal Reserve rate cuts and the Bitcoin halving.
"maybe as we as the year goes on and as rate Cuts still haven't arrived we we might start to see eth Bitcoin finally break down and and and people throwing the towel on it as Bitcoin sort of grabs that liquidity and it seems like it could be coming with perfect timing rate Cuts in a few months Bitcoin having in a few months maybe eth Bitcoin Bottoms in a few months maybe it all happens at around the same time"
Pending