ilmscore | Bitcoin: Bull Market Support Band

Bitcoin: Bull Market Support Band

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Prediction
Topic
Status
Bitcoin is predicted to remain largely flat or 'do much of nothing' for the first 100-125 days of 2024, extending until March or April.
"it's pretty normal for Bitcoin to basically do much of nothing for the first you know 100 to 125 days right that's actually pretty standard and so that would take you all the way out until you know March or April right"
BTC
Pending
Bitcoin was predicted to experience a pullback in mid-January 2024.
"we also suggested that we would get a a pullback in mid January okay right we we talked about that for a a long time a pull back in mid January"
BTC
Pending
The current Bitcoin market cycle is predicted to behave slightly differently compared to the 2016 and 2019/2020 cycles, rather than mimicking either exactly.
"my view is that probably no neither of them it'll probably do something slightly different than it did in in both of those prior cycles"
BTC
Pending
If Bitcoin does not retest its 20-week Simple Moving Average (SMA) in the next few weeks (from Feb 6, 2024), there is an increased likelihood that it will fail to hold that support band if/when a test occurs later (especially after 4-6 months without a test).
"the longer we go without testing it the less likely we are to hold it right so it would almost be better to go back down soon and test it and just check in with it because again the longer that you go right if you end up going five or six months as history showed as previously then there's a higher likelihood that you end up breaking it... but we are starting to flirt with those longer time frames of you know getting Beyond you know four months or so where it it could become problematic if it doesn't happen in the next few in the next few weeks"
BTC
Pending
Altcoins, as a collective, are generally expected to continue losing value against Bitcoin.
"my general expectation has been that Al altcoins collectively would bleed against Bitcoin"
Altcoin Performance
Pending