ilmscore | Bitcoin: Bull Market Support Band

Bitcoin: Bull Market Support Band

Published: 2024-01-12
Status: Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Prediction
Topic
Status
Bitcoin to experience a correction around mid-January 2024.
"for a couple of months I I've said about mid January could be when the next correction is"
BTC
Pending
Bitcoin price to correct to approximately $36,000 within the next couple of weeks from the video's publication date (January 12, 2024).
"the 20we estim 21 with GMA is about 35 to 37k so just think about it as approximately $36,000 if it were to happen this week right like if we were to get a correction within the next couple of weeks it'd be around that price"
BTC
Pending
If Bitcoin has a weekly close below $42,000, there is a high probability it will revisit the bull market support band (approximately $35,000-$37,000).
"if you were to get a weekly close below the 8-week moving average right so if you were to get a weekly close below 42k below this level right here then based on what we've seen over the last few years that would imply there's really high odds of of going back and and checking back in with the bull market sport band"
BTC
Pending
Bitcoin predicted to experience a correction around mid-January 2024.
"for a couple of months I I've said about mid January could be when the next correction is"
BTC
Pending
If Bitcoin had a correction in the next couple of weeks (from Jan 12, 2024), it would fall to approximately $36,000 (the bull market support band).
"if we were to get a correction within the next couple of weeks it'd be around that price [approx $36,000]"
BTC
Pending
If Bitcoin closes weekly below $42,000 (the 8-week moving average), there's a high probability it will retest the bull market support band (approx. $35,000-$37,000).
"if you get a weekly close below the 8-week moving average... below 42k... that would imply there's really high odds of of going back and and checking back in with the bull market sport band"
BTC
Pending
Bitcoin's logarithmic regression line predicted to be north of $100,000 by late 2025.
"this logarithmic regression line by the time we we get to late 2025 we'll be north of 100K"
BTC
Pending