No Shill Zone (With Ben Cowen & Gareth Soloway)
Published: 2024-01-15
Status:
Analyzed
Published: 2024-01-15
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin price expected to drop to $38,000.
"if we do see a break down here you probably do head to 38,000"
Pending
Bitcoin is predicted to find support and bounce after hitting $38,000.
"Bitcoin could gain support if it hits 38,000 yes and I even think it could bounce off off of that level"
Pending
The weekly topping tail on Bitcoin's chart indicates it may have reached a multi-month high.
"topping tails often can Mark a longer term high like not just a one or two week high but it could be a multi-month high in Bitcoin"
Pending
Ethereum is likely to eventually break down from its pattern of setting higher lows.
"it will eventually likely break down"
Pending
The Ethereum/Bitcoin (ETH/BTC) trading pair is expected to eventually break down, potentially falling 20-40% below its current low.
"ethereum tends to then eventually break down on on his Bitcoin pair where it goes you know maybe 20 30 40% below below that low"
Pending
The Ethereum/USD (ETH/USD) pair is predicted to eventually break its ascending trend line, correlating with the ETH/BTC pair breaking its low.
"will eventually break this low and when it does it will likely correspond to Ether USD finally breaking this trend line"
Pending
Bitcoin could retest its prior lows (around $15,000) in the next few months, or if a pullback is delayed until summer, it could form a macro higher low within the regression band.
"if we were to get a larger pullback in Bitcoin in the next few months then yeah like it's possible we could go back down there [prior lows] if it doesn't happen until SL closer to the summer then it could end up being something like this where it's you know it technically goes down a regression ban but it's a macro higher higher low"
Pending
Ethereum is most likely to experience a 50-60% drop if its USD trend line breaks, returning to prior lows.
"I think that's probably what I'm still looking at as the most likely outcome [a 50-60% drop back to prior lows]"
Pending
Gold is expected to break out to the upside above its resistance level within the next week (from January 15, 2024).
"I'm actually expecting potentially within the next week to see gold break out to the upside here above this level finally"
Pending
Bitcoin will experience increased investment flows in the long term due to the spot ETF approval.
"long term long term there's no doubt that it's going to lead to more flows into into the asset class"
Pending
Bitcoin price is predicted to drop to $38,000 if it breaks below the current upward sloping trend line.
"if we do see a break down here you probably do head to 38,000"
Pending
The weekly and monthly 'topping tail' candle formations on Bitcoin's chart suggest a multi-month high may have been established.
"topping tails often can Mark a longer term high like not just a one or two week high but it could be a multi-month high in Bitcoin"
Pending
Bitcoin price could drop by 13-15% to approximately $37,000, consistent with historical patterns after a daily close below the 50-day moving average.
"if we were to do something like that a 13 133% move gets you down to about 37k"
Pending
The ETH/BTC trading pair is expected to eventually break its current low, which will coincide with the ETH/USD pair breaking its upward trend line.
"ether Bitcoin will eventually break this low and when it does it will likely correspond to Ether USD finally breaking this trend line"
Pending
Bitcoin could retest its prior macro lows (around $15,000) in the next few months, or potentially form a macro higher low within the regression band if the pullback occurs closer to summer.
"if we were to get a larger pullback in Bitcoin in the next few months then yeah like it's possible we could go back down there if it takes a few more months like if it you know if it doesn't happen until say like the summer assuming it happens at all but if it doesn't happen until SL closer to the summer then it could end up being something like this where it's you know it technically goes down a regression ban but it's a macro higher higher low"
Pending
Ethereum (ETH/USD) is most likely to experience a 50% drop by April, returning to its previous macro lows (around $800-900).
"even if it took until say April to do so you know a 50% drop basically gets you back down to the prior lows so I I think that's probably what I'm still looking at as the most likely outcome"
Pending
Gold price is expected to break out to the upside above its resistance level within the next week (by January 22, 2024).
"I'm actually expecting potentially within the next week to see gold break out to the upside here above this level"
Pending
The stock market (S&P 500) will decline when the Federal Reserve begins to cut interest rates, consistent with historical patterns.
"when the FED actually Cuts rates is actually when the markets usually decline"
Pending
The S&P 500 index is likely to touch or even pierce the 5,000 level.
"do we touch 5,000 or Pierce 5,000 to at least claim that thing... I'm leaning towards it maybe touching that granted it's only about what 4% away at this point but um but it wouldn't shock me if we do touch that"
Pending
Bitcoin Dominance will increase if the ETH/BTC trading pair breaks down.
"it tends to to shoot up as ether Bitcoin breaks down assuming that it does"
Pending
If the ETH/BTC trading pair breaks down, the subsequent decline is projected to last for approximately two months before bottoming out.
"if it were to break down I don't really think I think you'd have a couple of months potentially of of watching it drop but then it would bought them out"
Pending
Altcoins, as a group, will continue to underperform Bitcoin until Quantitative Easing (QE) measures are reintroduced.
"collectively they will remain weak against Bitcoin until we go back to to QE"
Pending
The Federal Reserve is predicted to reintroduce Quantitative Easing (QE) sometime in 2024, likely within a couple of months (by March-April 2024), influenced by it being an election year.
"I think the FED uh steps in and I I I think they uh they do what they do best and and that's going to be their they're going to bring back QE sometime this year because it's an election year... I think we're probably a couple months away at least a couple couple months away from that"
Pending
The US unemployment rate is predicted to reach 4%.
"at the same time that the unemployment rate hits 4% right I I think if it were to hit 4% that would that would probably raise a lot of eyebrows"
Pending
The Federal Reserve will cut interest rates in 2024.
"I think they will cut this year"
Pending
Headline inflation is expected to decrease in the short term, over the next six months (from January 2024).
"I'm still thinking that there's a good chance that headline inflation will come down at least like in the short term like over the next like let's call it six months or so"
Pending
Bitcoin is predicted to drop to $38,000 if it breaks a key trendline.
"if we do see a break down here you probably do head to 38,000 which again is not that much further down right I mean it's about 4 ,000 down a little less than another 10% move from here"
Pending
Bitcoin is predicted to bounce off the $38,000 level if it reaches it.
"I even think it could bounce off off of that level"
Pending
A weekly topping tail in Bitcoin could mark a multi-month high.
"topping tailes often can Mark a longer term high like not just a one or two week high but it could be a multi-month high in Bitcoin"
Pending
A 13-15% move down for Bitcoin after closing below the 50-day moving average would lead to approximately $37,000.
"if we were to do something like that a 13 133% move gets you down to about 37k"
Pending
The Ethereum/Bitcoin (ETH/BTC) pair is predicted to break its low, corresponding to Ethereum/USD (ETH/USD) breaking its trendline, leading to ETH retesting or going slightly below previous lows.
"I still think there is a case to be made that ether Bitcoin will eventually break this low and when it does it will likely correspond to Ether USD finally breaking this trend line and you can see that what a lot of times ethereum does is it sets a low and then later it retests that low sometimes it goes slightly lower"
Pending
If Bitcoin sees a larger pullback in the next few months, it could retest its prior lows (around $15,000).
"if it were to if if we were to get a larger pullback in Bitcoin in the next few months then yeah like it's possible we could go back down there"
Pending
If Bitcoin experiences a significant pullback, the Ethereum/Bitcoin valuation is expected to be 'annihilated,' and Ethereum/USD could see a large drop (50-60%) if its trendline breaks.
"if Bitcoin comes back down here or anywhere close to that I I think ethereum that I I think the ethereum Bitcoin valuation is getting you know annihilated and and ethereum if it were to break that trend line that ether USD trend line that we were showing that's often times where it gets a a a a pretty big drop"
Pending
Gold is predicted to break out to the upside, above resistance levels, within the next week.
"I'm actually expecting potentially within the next week to see gold break out to the upside here above this level finally"
Pending
The S&P 500 is predicted to potentially touch 5,000, which is about 4% away, before experiencing a significant downturn when the Fed begins cutting rates.
"I'm leaning towards it maybe touching that granted it's only about what 4% away at this point but um but it wouldn't shock me if we do touch that but then I do still think I'm still in the camp that you know if you look historically at at fed cutting Cycles that's where that downside comes in"
Pending
If the Ethereum/Bitcoin (ETH/BTC) pair breaks down, the drop is predicted to last only about two months (7-10 weeks) before bottoming out.
"if it breaks down is that once it does break down it tends to only last about two more months after that right I mean like look here it only lasts about seven more weeks and then here it lasted about you know maybe eight or nine or 10 more weeks so if it were to break down I don't really think I think you'd have a couple of months potentially of of watching it drop but then it would bought them out"
Pending
A significant 'pop' in the VIX is expected, as historical patterns suggest a major increase in volatility is overdue, indicating current market complacency.
"I do think you know if you look historically at the vix it's usually this amount of time or less between big Pops in the vix here and then here and then we really haven't done that so so little things like that you know just just kind of interesting data points that that I love kind of keeping an eye on it just tells me that complacency is in the market right now"
Pending
Altcoins are predicted to remain weak against Bitcoin until Quantitative Easing (QE) resumes.
"collectively they will remain weak against Bitcoin until we go back to to QE"
Pending
Gold is predicted to break out, ETH/BTC to break down, and the Fed is expected to resume Quantitative Easing (QE) sometime this year, influenced by the election year.
"at some point I think gold probably breaks out ether Bitcoin breaks down and then going back to what you said I think the FED uh steps in and I I I think they uh they do what they do best and and that's going to be their they're going to bring back QE sometime this year because it's an election year"
Pending
If the unemployment rate hits 4%, it is predicted to prompt the Federal Reserve to take action.
"I I think if it were to hit 4% that would that would probably raise a lot of eyebrows and that could get the FED to to start to do something to to turn this thing around"
Pending
The Federal Reserve is predicted to cut interest rates this year.
"I think they will cut this year"
Pending
Headline inflation is predicted to come down in the short term, over the next six months.
"I'm still thinking that there's a good chance that headline inflation will come down at least like in the short term like over the next like let's call it six months or so"
Pending
If Quantitative Easing (QE) resumes after housing inflation comes down, there is a risk of a second wave of inflation similar to the 1970s.
"once housing comes down and we're back to QE then that's the question of well did they stay the course long enough or are they making the same mistakes that they made in the 70s"
Pending
Bitcoin price to drop to $38,000 if it breaks current support.
"if we do see a break down here you probably do head to 38,000"
Pending
Bitcoin is expected to find support and bounce at the $38,000 level if reached.
"Bitcoin could gain support if it hits 38,000 yes and I even think it could bounce off off of that level"
Pending
A weekly topping tail indicates Bitcoin could be forming a multi-month high.
"we have a weekly topping tail now on bitcoin and again if you look at Bitcoin or any asset class topping tailes often can Mark a longer term high like not just a one or two week high but it could be a multi-month high in Bitcoin"
Pending
Bitcoin price could drop to approximately $37,000.
"a 13 133% move gets you down to about 37k"
Pending
Ethereum is likely to experience a 50% drop, potentially by April, returning to its prior lows if its USD trend line breaks.
"if it even if it took until say April to do so you know a 50% drop basically gets you back down to the prior lows so I I think that's probably what I'm still looking at as the most likely outcome"
Pending
Bitcoin could see a larger pullback to its prior lows in the next few months.
"if we were to get a larger pullback in Bitcoin in the next few months then yeah like it's possible we could go back down there [prior lows]"
Pending
Gold is expected to break out to the upside above a resistance level (implied $2070) within the next week.
"I'm actually expecting potentially within the next week to see gold break out to the upside here above this level"
Pending
If Gold durably holds above $2070 (implied from context), it will signal a risk-off environment.
"I think that if it can durably hold above 270 kind of like above these prior Wicks I think that's a risk-off signal"
Pending
The S&P 500 is likely to touch the 5,000 level.
"I'm leaning towards it maybe touching that [5,000]"
Pending
If the ETH/BTC pair breaks down, it will likely drop for a couple of months before bottoming out.
"if it were to break down I don't really think I think you'd have a couple of months potentially of of watching it drop but then it would bought them out"
Pending
Altcoins will remain weak against Bitcoin until Quantitative Easing (QE) returns.
"collectively my view on altcoins is that collectively they will remain weak against Bitcoin until we go back to to QE"
Pending
The Federal Reserve is expected to bring back Quantitative Easing (QE) sometime this year due to it being an election year.
"I think the FED uh steps in and I I I think they uh they do what they do best and and that's going to be their they're going to bring back QE sometime this year because it's an election year"
Pending
Quantitative Easing (QE) is estimated to be initiated in a couple of months.
"I think we're probably a couple months away at least a couple couple months away from that [QE]"
Pending
If the unemployment rate reaches 4%, it would prompt the FED to intervene.
"if it were to hit 4% [unemployment rate] that would that would probably raise a lot of eyebrows and that could get the FED to to start to do something to to turn this thing around"
Pending
The Federal Reserve will cut interest rates this year.
"I think they will cut this year"
Pending
The stock market will decline when the Federal Reserve cuts interest rates.
"when the FED actually Cuts rates is actually when the markets usually decline so I still think that will happen"
Pending
The yield curve will uninvert, likely after a small upside in the market, preceding a larger decline.
"it does lend us to think that maybe there's that little bit of upside left before maybe we uninverted"
Pending
Headline inflation is expected to come down in the short term, over the next six months.
"I'm still thinking that there's a good chance that headline inflation will come down at least like in the short term like over the next like let's call it six months or so"
Pending