CRYPTO Market Predictions! This Report Tells What Happens NEXT!!
Published: 2023-10-17
Status:
Available
|
Analyzed
Published: 2023-10-17
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The amount of Bitcoin held on exchanges has reached a five-year low, suggesting a trend of long-term holding.
"the supply of BTC reserves on exchanges hit its lowest level in over 5 years"
Pending
A decrease in Bitcoin supply on exchanges will likely lead to increased price volatility due to reduced market depth.
"the decline in BTC on exchanges means two things ... second it means that btc's price is likely to be more volatile since there's less Market depth on exchanges"
Pending
Medium-term Bitcoin holders (12-18 months) are observed to be selling, possibly to take profits.
"while short-term holders seem to be holding medium-term holders seem to be selling ... the authors speculate that medium-term holders are taking profits now"
Pending
Risk assets, including Bitcoin, are expected to rally once the S&P 500 finds its bottom.
"risk assets like BTC tend to Rally as soon as stock market indices like the SNP find their bottoms"
Pending
Tether's USDT stablecoin is partially backed by Bitcoin, and the company plans to buy more BTC with its profits.
"tether has since revealed that its usdt stable coin is partially backed by BTC and is also committed to using a portion of its monthly profits to buy BTC to hold as additional reserves"
Pending
The SEC's approval of Ethereum futures ETFs is noted, with the ETFs having recently launched.
"the sec's potential approval of ethereum Futures ETFs which subsequently launched just recently"
Pending
The declining trend of Bitcoin on exchanges raises concerns about market liquidity for large institutional investors.
"when there is less BTC on exchanges then btc's price is more volatile when you realize that the balance of BTC on exchanges is in a strong downtrend it begs the question of how the Bitcoin Market will ever be liquid enough for large institutional investors to get involved"
Pending
A double bottom formation in Bitcoin is considered plausible, contrasting with a double top in the previous cycle.
"The prospect of a double bottom seems plausible given that we saw a double top in the previous cycle"
Pending
Capitulation among long-term Bitcoin holders may be a prerequisite for the approval of spot Bitcoin ETFs by entities like BlackRock.
"a capitulation among long-term Bitcoin holders is also probably something that black rock and Co would like to see or even need to see before a spot Bitcoin ETF is approved"
Pending
The S&P 500 is predicted to be nearing its local bottom.
"they estimate that the S&P is close to finding its local bottom"
Pending
A recession is considered inevitable, rather than a question of if it will occur.
"if history is any indication however it's not a question of if but when we'll see a recession"
Pending
Challenges for the end of the year include the UAW strike, student loan repayments, high energy costs, and sustained high interest rates.
"potential challenges in the year's concluding months include the ongoing United Auto Workers strike resumption of student loan repayments heightened energy costs and persistently High interest rates"
Pending
A potential regional conflict in the Middle East is identified as an additional challenge.
"You can add a potential regional conflict in the Middle East to that list"
Pending
Stricter crypto regulations in Taiwan, including a ban on unregistered exchanges, are expected to negatively impact Tether's profits.
"this brings us to the fact that Taiwan is introducing stricter crypto regulations ... cracking down on exchanges hurts tether's bottom line"
Pending
The crypto market, along with the broader macro environment, is entering a highly volatile period.
"it underscores the fact that we seem to be entering a very volatile period not just in crypto but also in macro"
Pending
A primary reason institutions are hesitant to invest in crypto is the perceived lack of liquidity.
"one of the main reasons why institutions are sitting on the sidelines in crypto is because of a lack of liquidity"
Pending
The future role of companies like Bitfinex and Tether in the crypto industry is uncertain.
"whether they will continue to play a key role going forward remains to be seen"
Pending
Decreased Bitcoin supply on exchanges leads to higher price volatility due to reduced market depth.
"the decline in BTC on exchanges means two things... it means that btc's price is likely to be more volatile since there's less Market depth on exchanges"
Pending
Spikes in Coin Days Destroyed indicate significant activity from Bitcoin whales around market tops and bottoms.
"coin days destroyed CDD is a crucial metric for Bitcoin Supply analysis... the number of coin days destroyed spikes around BTC tops and bottoms be they local or Market cycle this basically tells you that the Bitcoin whales are waking up"
Pending
Crypto assets are expected to rally once the S&P 500 finds its bottom.
"risk assets like BTC tend to Rally as soon as stock market indices like the SNP find their bottoms"
Pending
The decreasing supply of Bitcoin on exchanges, leading to higher volatility, raises questions about future market liquidity for institutional investors.
"when there is less BTC on exchanges then btc's price is more volatile when you realize that the balance of BTC on exchanges is in a strong downtrend it begs the question of how the Bitcoin Market will ever be liquid enough for large institutional investors to get involved"
Pending
A lack of liquidity, exacerbated by the departure of market makers and increased scrutiny of exchanges, is preventing institutional investors from entering the crypto market.
"one of the main reasons why institutions are sitting on the sidelines in crypto is because of a lack of liquidity the exit of large market makers and the scrutiny of crypto exchanges has increased that drain in recent months"
Pending
Macro-level volatility, driven by geopolitics, may lead to a significant downturn in the crypto markets in the near future.
"it's possible that the macro level volatility we're starting to experience due to things like geopolitics could cause the crypto markets to puke in the not so distant future"
Pending
A double bottom in the Bitcoin price cycle is considered plausible, following a previous double top.
"the prospect of a double bottom seems plausible given that we saw a double top in the previous cycle"
Pending
Capitulation among long-term Bitcoin holders is anticipated, potentially as a prerequisite for the approval of a spot Bitcoin ETF.
"a capitulation among long-term Bitcoin holders is also probably something that black rock and Co would like to see or even need to see before a spot Bitcoin ETF is approved"
Pending
The future role of companies like Bitfinex and Tether in the crypto industry is uncertain, despite their historical importance in its growth.
"it's going to be interesting to see where entities like bitfinex and tether end up once the dust settles for all their faults these companies have played a key role in growing the crypto industry to the size it is today"
Pending
If Tether and Bitfinex cease to play a key role, a significant shakeup in the crypto industry is expected, which could negatively impact prices.
"whether they will continue to play a key role going forward remains to be seen if they don't then that guarantees that a shakeup of some kind will have to occur and that will likely be bad for crypto prices"
Pending
The S&P 500 is predicted to be near its local bottom.
"they estimate that the S&P is close to finding its local bottom"
Pending
Declining consumer confidence is expected to lead to reduced US economic growth.
"consumer confidence continues to be on a long-term decline... less consumption means less economic growth"
Pending
The Federal Reserve plans one more interest rate hike and will maintain high rates through 2024.
"the FED intends on doing one more rate hike and keeping rates High into 2024"
Pending
Housing prices are predicted to fall significantly during a potential upcoming recession.
"housing prices often fall the most during a recession which could still be coming"
Pending
High interest rates are expected to decrease manufacturing, with the exception of defense-related production.
"high interest rates will eventually bring manufacturing back down except for defense related manufacturing"
Pending
US GDP, despite a downward revision, remains strong at over 2% annually.
"US GDP which was recently revised down but remains strong at over 2% per year"
Pending
A higher-than-expected GDP figure could lead the Federal Reserve to maintain high interest rates longer and enact an additional hike.
"if it comes in higher than expected the FED May commit to staying higher for longer and deliver one more rate hike at its next meeting"
Pending
Economic growth is predicted to decline as high interest rates impact the economy, especially the housing market.
"economic growth will come down as high interest rates start to affect the economy particularly the housing market"
Pending
A US recession is considered inevitable, it is only a matter of when it will occur.
"if history is any indication however it's not a question of if but when we'll see a recession"
Pending
Upcoming economic challenges include the UAW strike, student loan repayments, high energy costs, high interest rates, and potential Middle East conflict.
"potential challenges in the year's concluding months include the ongoing United Auto Workers strike resumption of student loan repayments heightened energy costs and persistently High interest rates you can add a potential regional conflict in the Middle East to that list"
Pending
A decrease in BTC reserves on exchanges leads to higher price volatility due to reduced market depth.
"the decline in BTC on exchanges means two things first it means that most BTC holders are hodling I.E not selling... second it means that btc's price is likely to be more volatile since there's less Market depth on exchanges"
Pending
Medium-term BTC holders (12-18 months) are speculated to be taking profits.
"while short-term holders seem to be holding medium-term holders seem to be selling for context short-term is any wallet that's held BTC for 6 to 12 months and medium-term is any wallet that's held BTC for 12 to 18 months logically the authors speculate that medium-term holders are taking profits now"
Pending
The S&P 500 is predicted to be nearing its local bottom, which could precede a rally in risk assets like Bitcoin.
"they estimate that the S&P is close to finding its local bottom they note that this is significant because risk assets like BTC tend to Rally as soon as stock market indices like the SNP find their bottoms"
Pending
Tether's USDT is partially backed by Bitcoin, and Tether plans to use monthly profits to buy more BTC for reserves.
"tether has since revealed that its usdt stable coin is partially backed by BTC and is also committed to using a portion of its monthly profits to buy BTC to hold as additional reserves"
Pending
The SEC's potential approval and subsequent launch of Ethereum Futures ETFs is noted.
"the third story in bitfinex's report is even more peculiar it's about the sec's potential approval of ethereum Futures ETFs which subsequently launched just recently"
Pending
A downtrend in BTC balance on exchanges raises concerns about sufficient liquidity for institutional investors to enter the Bitcoin market.
"when there is less BTC on exchanges then btc's price is more volatile when you realize that the balance of BTC on exchanges is in a strong downtrend it begs the question of how the Bitcoin Market will ever be liquid enough for large institutional investors to get involved"
Pending
A double bottom formation for Bitcoin is considered plausible, mirroring a double top in the previous cycle.
"the prospect of a double bottom seems plausible given that we saw a double top in the previous cycle"
Pending
Capitulation among long-term Bitcoin holders is anticipated, potentially as a requirement for the approval of a spot Bitcoin ETF.
"a capitulation among long-term Bitcoin holders is also probably something that black rock and Co would like to see or even need to see before a spot Bitcoin ETF is approved"
Pending
Declining consumer confidence is expected to lead to reduced US economic growth.
"consumer confidence continues to be on a long-term decline this is significant because most economic growth in the US is driven by consumption less consumption means less economic growth"
Pending
The Federal Reserve plans to implement one more interest rate hike and maintain high rates through 2024.
"the FED intends on doing one more rate hike and keeping rates High into 2024"
Pending
Housing is predicted to be a driver of inflation.
"this is an outcome that the authors also foresee due to housing driven inflation"
Pending
A recession is considered inevitable, not a question of if, but when.
"if history is any indication however it's not a question of if but when we'll see a recession"
Pending
Challenges in the final months of the year include the UAW strike, student loan repayments, high energy costs, and persistent high interest rates.
"potential challenges in the year's concluding months include the ongoing United Auto Workers strike resumption of student loan repayments heightened energy costs and persistently High interest rates"
Pending
A potential regional conflict in the Middle East is identified as a significant factor.
"you can add a potential regional conflict in the Middle East to that list"
Pending
Taiwan is implementing stricter crypto regulations, including a ban on unregistered exchanges.
"how Taiwan is introducing stricter crypto regulations this is a reference to the decision to ban unregistered crypto exchanges from operating in the country which makes sense"
Pending
Lack of liquidity is cited as a primary reason for institutional investors remaining on the sidelines in the crypto market.
"one of the main reasons why institutions are sitting on the sidelines in crypto is because of a lack of liquidity"
Pending