Published: 2024-01-21
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
If Bitcoin's price breaks below $40,000, it is predicted to likely test the $38,000 bull market support band level by February 2024.
"if 40K breaks then 38k would be the next level which is where the bullmark sport Bend will be in you know in a few weeks right you know by the let's say by sometime in February around that 38k threshold"
Pending
Bitcoin dominance is predicted to continue increasing, especially if looser monetary policy is delayed until May 2024.
"I still think that until we get back to looser monetary policy dominance is still going to be skewed to the upside and as as it turns out looser monetary policy keeps getting delayed you know I mean it it was potentially going to be a March rate cut now it's shifted over to May next week maybe it shifts back to March but if it doesn't occur until May then I think dominance will just keep on grinding higher yes it could go slightly lower in the meantime but I still think it will go up"
Pending
The Ethereum to Bitcoin (ETH/BTC) ratio is predicted to finally break down in the first half of 2024 (H1 2024).
"I still do think ether Bitcoin will eventually break down but it you know it certainly could still be a couple of months away um I'm thinking the first half of the year is my best guess sometime in in H1 of of the having year is when ether Bitcoin will break down finally"
Pending
Within a couple of months after its breakdown in H1 2024, the Ethereum to Bitcoin (ETH/BTC) ratio will mark its lowest point.
"after it breaks down I think that will within a within a couple of months I think that'll Mark the low on ether Bitcoin"
Pending
Bitcoin is predicted to experience a dip in early 2024, potentially dropping to around $36,000 (a 15% drop from the $42.3k yearly open) or, in a more aggressive scenario like 2020, to around $29,000 (a 30% drop).
"15% drop gets you to around the the 36k level... 30% drop which is what happened in 2020 ... would actually get you back down to around 29k. ... I do wonder if this is the next stop okay the bull Mark sport band around 36k."
Pending
Bitcoin's fair value was predicted in 2020 to be between $40,000 and $50,000 at the fourth halving in 2024.
"I said that in the fourth having the fair value right the quote unquote fair value will be 40 to 50K."
Pending
The Ether/Bitcoin pair is predicted to finally break down in the first half of 2024.
"I still do think ether Bitcoin will eventually break down but it you know it certainly could still be a couple of months away um I'm thinking the first half of the year is my best guess sometime in in H1 of of the having year is when ether Bitcoin will break down finally."
Pending
The low for the Ether/Bitcoin pair is predicted to occur within a couple of months after its breakdown in the first half of 2024.
"after it breaks down I think that will within a within a couple of months I think that'll Mark the low on ether Bitcoin."
Pending
Bitcoin dominance is predicted to continue to increase and grind higher, at least until looser monetary policy is implemented, which might not happen until May 2024.
"dominance has gone up a lot and I think it's going to keep going up... I still think that until we get back to looser monetary policy dominance is still going to be skewed to the upside... if it doesn't occur until May then I think dominance will just keep on grinding higher."
Pending
If Bitcoin fails to hold the $36,000 support level, the next potential support level is predicted to be $31,000.
"if the Bulls do not come out to defend at 36k then the next level that you're looking at is all the way back down here at 31k."
Pending
If Bitcoin breaks below $40,000, it is predicted to test the $38,000 level by February 2024.
"if 40K breaks I think you you know you likely at the very least you come back down and you test this level right right here 38k ... by sometime in February around that 38k threshold."
Pending