ilmscore | START SAVING | Market Just Flipped

START SAVING | Market Just Flipped

Published: 2022-07-18
Status: Available | Analyzed

Predictions from this Video

Total: 11
Correct: 0
Incorrect: 0
Pending: 11
Unrated: 0
Prediction
Topic
Status
Historically, the stock market has recovered an average of 2.9% one month after a bear market, 5.7% after three months, 5.5% after six months, and 23.9% after one year. The S&P 500 entered a bear market on June 13th, 2022.
"over the last 65 years dating back to october 21st 1957 we've had a grand total of 12 bear markets now over that time on average one month after a bear market the stock market has recovered 2.9 percent but that's just one month later check this out just three months later the stock market's median has been up 5.7 percent six months later the stock market was up 5.5 percent and one year later the stock market was up 23.9"
Stock Market Recovery
Pending
The US dollar is predicted to strengthen.
"the dollar is about to get stronger"
US Dollar Strength
Pending
JPMorgan's report indicates the current cost to mine one Bitcoin is approximately $13,000.
"jpmorgan put out a report saying that today the cost to create a bitcoin is roughly thirteen thousand dollars"
Bitcoin Cost of Production
Pending
A Cambridge University study suggests the cost to mine Bitcoin is closer to $17,700.
"another study of electrical costs done by cambridge university reveals that the cost is somewhere closer to seventeen thousand seven hundred dollars"
Bitcoin Cost of Production
Pending
The current cost to mine Bitcoin is around $13,000, which may represent a floor price.
"jp morgan recently put out a statement about how much it costs to create a bitcoin which right now is roughly 13 000"
Bitcoin Price Prediction
Pending
Historically, when the US dollar strengthens, both Bitcoin and the stock market tend to decline, with the exception of a single instance in 2021 due to government stimulus.
"when the dollar was up there has never been a time when bitcoin was also up that's true for stocks at least in the last 10 years as well when the dollar was up there was never a time when stocks were also up other than one time which was in 2021"
US Dollar vs. Stock Market and Bitcoin
Pending
With the US dollar index (DXY) at 108, the stock market is predicted to be flat or down.
"the dollar is now stronger up to 108 putting us exactly right here which tells us the stock market should either be flat or also down right now the stock market has come down to exactly this point"
Stock Market Prediction
Pending
Given the current strength of the dollar and decline in the stock market, Bitcoin is also expected to decline.
"because the dollar is up and because the stock market is down chances are bitcoin will also be down"
Bitcoin Price Prediction
Pending
A lower Bitcoin production cost can be beneficial by reducing selling pressure from miners needing to cover electricity expenses, potentially stabilizing the price.
"a lower cost to produce a bitcoin is actually a good thing because if i have to pay less for my electrical costs i have to sell less of my bitcoin to pay for it so in a way it helps ease up some of that selling pressure and helps stabilize the price"
Bitcoin Mining Cost Impact
Pending
Conversely, some believe a lower Bitcoin production cost is detrimental as it might allow the price to reach that level before significant selling pressure subsides.
"on the other hand some people say that a lower floor is actually a bad thing because it means bitcoin could reach that price before people start to feel any real pain and they stop the selling"
Bitcoin Mining Cost Impact
Pending
As long as the federal funds rate increases, the dollar strengthens, and the stock market declines, Bitcoin is likely to continue losing value.
"as long as the federal funds rate continues to go up and we keep getting a stronger dollar and as long as the stock market continues to go down then bitcoin will probably continue to lose some of its price"
Bitcoin Price Trend
Pending