Published: 2024-01-18
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin has a realistic chance of returning to the Bull Market Support Band by February 2024.
"a realistic chance here that we do at the very least repeat the pattern of returning to the bullmark sport band over the next few weeks right... until February which is still a couple more weeks away"
Pending
A weekly close below Bitcoin's 8-week moving average is predicted to lead to a move towards the Bull Market Support Band.
"if Bitcoin were to fall below the eight-week moving average and get a weekly close below it... getting a below the 8we moving average tends to lead us to the bullmark support band"
Pending
If Bitcoin corrects to $38,000 by February 2024, that level (a prior breakout point) is predicted to be defended by bulls.
"by say February if Bitcoin were to fall fall in over here that could be that level [38K] that that the Bulls try to hold which by the way would also correspond to to this breakout point"
Pending
If historical patterns repeat, Bitcoin could potentially drop to the breakout point closer to $30,000.
"if it still continues to be not different then you could still easily make a case that you have to go uh potentially back down to the breakout point which is all the way closer to to 30k"
Pending
Bitcoin is expected to retest the 100-week Simple Moving Average (SMA) in the months following its current position above it.
"once you get above the 100 we SMA it would stand a reason that at some point in the months following it you would go back and test it"
Pending
The specific logarithmic regression rainbow line discussed is predicted to be above $100,000 by the end of 2025.
"this log line here will be north of 100K by the end of 2025 right so if you were to fast forward two years from now this log line would be north of of 100K"
Pending
If Bitcoin experiences a significant downturn, altcoins are predicted to be hit harder than Bitcoin.
"if Bitcoin does get a flush down then it would likely hit altcoins harder than Bitcoin"
Pending
If Bitcoin drops two log lines down on the logarithmic regression rainbow, the altcoin market is predicted to be 'rinsed' (experience a significant decline).
"if that were to happen right if we were to drop two log lines down then I imagine the altcoin market would you know would get rinsed effectively"
Pending
Bitcoin has a realistic chance of returning to the Bull Market Support Band (approximately $35,600-$37,000) within the next few weeks from January 18, 2024, likely by February, repeating historical patterns.
"a realistic chance here that we do at the very least repeat the pattern of returning to the bullmark sport band over the next few weeks"
Pending
If historical patterns continue to repeat, Bitcoin could potentially drop to approximately $30,000, which served as a previous breakout point.
"if it still continues to be not different then you could still easily make a case that you have to go uh potentially back down to the breakout point which is all the way closer to to 30k"
Pending
A significant logarithmic regression line on Bitcoin's chart, which often acts as a price target, is projected to be above $100,000 by the end of 2025.
"this log line here will be north of 100K by the end of 2025"
Pending
Should Bitcoin experience a significant price decline ('flush down'), altcoins are likely to incur proportionally greater losses than Bitcoin.
"if Bitcoin does get a flush down then it would likely hit altcoins harder than Bitcoin it would likely hit alts harder"
Pending