ilmscore | Spot Bitcoin ETF Price Predictions! How High Will BTC Go?!

Spot Bitcoin ETF Price Predictions! How High Will BTC Go?!

Published: 2023-12-03
Status: Available | Analyzed

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
Bloomberg ETF analysts Eric Balunanas and James Seyffart predict a 90% chance of a spot Bitcoin ETF approval by January.
"the authors note that these analysts notably Eric balunas and James saart believe there is a 90% chance that a spot Bitcoin ETF will be approved by January"
BTC
Pending
Following the approval of a spot Bitcoin ETF, BTC is predicted to experience a parabolic price increase, drawing parallels to gold's performance after its ETF approval.
"the authors predict that BTC will see a similar parabolic price increase to their credit"
BTC
Pending
An estimated $70 billion in inflows (from ETFs and gold) could lead to a significant increase in Bitcoin's market cap.
"the authors estimate that BTC could see up to 70 billion dollars of inflows with around 60 billion coming from those ETFs and around 10 billion coming from Gold's market cap"
BTC
Pending
The report estimates that $70 billion in inflows into a spot Bitcoin ETF, with $60 billion from ETFs and $10 billion from gold, could lead to a substantial increase in BTC's market cap.
"the authors estimate that BTC could see up to 70 billion dollars of inflows with around 60 billion coming from those ETFs and around 10 billion coming from Gold's market cap"
BTC
Pending
Galaxy Digital estimates a multi-year inflow of $140 billion into spot Bitcoin ETFs, with $4 billion in year one, $27 billion in year two, and $39 billion in year three.
"Galaxy digital's estimates for spot Bitcoin ETF inflows take place over the course of 3 years with the first year seeing $4 billion of inflows the second seeing $27 billion and the third $39 billion"
BTC
Pending
Galaxy Digital projects a 6.2% gain for Bitcoin in the first month after ETF inflows and a 74% gain by the end of the first year.
"They estimate a 6.2% gain in the first month and a 74% gain by the end of the first year"
BTC
Pending
An estimated $70 billion in inflows into a spot Bitcoin ETF could push BTC's price to around $50,000, representing a 20-25% rally if inflows occur simultaneously.
"the $70 billion of inflows the authors predict could pump BTC up to around 50k This would translate to a rally of 20 to 25% assuming all those inflows come at once"
BTC
Pending
Based on Galaxy Digital's estimate of $14 billion in initial spot Bitcoin ETF inflows, Bitcoin's market cap could increase by $32 billion, resulting in a roughly 5% price pump.
"if Galaxy digital's estimate of $14 billion in initial inflows is correct then this would increase btc's market cap by $32 billion per glass nodes realized cap of Bitcoin indicator this would translate to a more modest pump of around 5%"
BTC
Pending
It is possible that Bitcoin could experience a short-term decline of 10% or more in the weeks following a spot ETF approval, similar to what happened with gold in 2003.
"this would coincidentally mirror what happened to Gold after its spot ETF was approved in 2003 a decline of 10% or more in the first weeks that followed"
BTC
Pending
Following significant inflows into Bitcoin post-ETF approval, a substantial rotation of funds into altcoins is predicted, leading to a historic bull market.
"and just wait until that money starts rotating into altcoins it will be a bull market for the history books"
BTC
Pending