ilmscore | Bitcoin Trading 101: The Only Guide You Need

Bitcoin Trading 101: The Only Guide You Need

Published: 2024-03-13
Status: Analyzed

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Prediction
Topic
Status
Bitcoin's cycle top is predicted to be around $180,000 or slightly higher.
"we believe that btc's cycle top could be around $180,000 or even slightly higher"
BTC
Pending
Historically, Bitcoin's cycle top occurs between April and October of the following year.
"Previous Cycles suggest that it should occur somewhere between April and October next year."
BTC
Pending
The introduction of spot Bitcoin ETFs may have accelerated Bitcoin's cycle top to occur as early as late 2024.
"the introduction of the spot Bitcoin ETFs could have brought this cycle top forward to as soon as later this year"
BTC
Pending
Central banks will be permitted to buy Bitcoin starting in 2025, which could act as a bullish catalyst.
"a major Central Bank buying BTC something that they will be allowed to do starting in 2025"
BTC
Pending
Bitcoin may face resistance around the $1.5 trillion and $2 trillion market cap levels.
"it's possible that it will see similar resistance around 1.5 trillion and $2 trillion market cap"
BTC
Pending
Bitcoin is predicted to continue appreciating in price in the long term, being the best-performing asset of the last century.
"BTC is the best performing asset of the last century and it's likely to continue to appreciate in price in the long term"
BTC
Pending
During long-term uptrends, Bitcoin is expected to be volatile, with common 10% or more drops followed by quick recoveries.
"BTC tends to be very volatile during long-term uptrends it's common for its price to suddenly Fall by 10% or more before quickly recovering"
BTC
Pending
During long-term downtrends, Bitcoin is expected to experience spikes of 10% or more followed by sharp crashes.
"During long-term downtrends meanwhile it's common for btc's price to spike by 10 % or more before quickly crashing again"
BTC
Pending
Bitcoin has entered its bull market phase, with a likely continuation of the uptrend for another 12 to 18 months from the video's filming date.
"BTC has already begun the 1 to twoyear bull market phase this means that we're likely to see another 12 to 18 months of uptrend at the very most between now and then"
BTC
Pending