ilmscore | The Crypto Default Just Got Worse | Explained

The Crypto Default Just Got Worse | Explained

Published: 2022-07-01
Status: Available | Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
The speaker predicts that the BEA will release their advance estimate for Q2 on July 28th at 8:30 AM, which will determine if the US is in a recession, with the likely outcome being yes.
"on july 28th at 8:30 a.m the bureau of economic analysis will finally release their advance estimate for the second quarter and that's when we'll finally know whether we're in a recession or not but most likely probably yes"
Recession Timing
Pending
The speaker believes that the sooner the SEC regulates Bitcoin and provides protection, the better off Bitcoin will be.
"the sooner they regulate it the sooner they protect it the better off bitcoin will be"
Bitcoin Spot ETF Approval
Pending
The speaker is optimistic about Bitcoin's future value, suggesting it will be significantly higher once it receives regulatory protection.
"if bitcoin is worth $20,000 from nothing in this wild wild west of crypto then where would it be in the future once it is protected"
Bitcoin's Future Value
Pending