Crypto Market Update: Where Are We NOW?! What’s NEXT?

Published: 2024-05-05
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
Bitcoin will eventually break out of its current range, moving either up or down.
"Bitcoin will eventually break out of its current range and then we're either going to go up or down"
BTC
Pending
A new Grayscale spot Bitcoin ETF will have the lowest fees on the market after BlackRock's scheduled fee increase to 25% next year (2025).
"if all else remains equal this new grayscale ETF will have the lowest fees on the market after black rocks scheduled fee increase to 25% next year"
Grayscale ETF fees
Pending
If Bitcoin sees a larger correction in Q2 2024, altcoins will likely perform very poorly.
"if BTC sees a larger correction in Q2 it's likely going to be very ugly for altcoins"
Altcoin performance
Pending
A cooling off of the crypto market in Q2 2024 would likely allow for more upside over the next 12 to 18 months (mid-2025 to end of 2025).
"cooling off in Q2 would most likely give us more room to run higher in the next 12 to 18 months"
Crypto market sentiment
Pending
If Bitcoin starts to rally strongly again in Q2 2024, altcoins will inevitably benefit.
"if BTC starts to run hard again in Q2 altcoins will inevitably benefit"
Altcoin performance
Pending
If Bitcoin rallies strongly in Q2 2024, it would suggest the market cycle top is approaching faster than expected.
"such a move would lend Credence to the argument that a cycle top is coming faster than most of us are expecting"
Cycle top timing
Pending