ilmscore | The Bitcoin Price Is About To Go Insane

The Bitcoin Price Is About To Go Insane

Published: 2024-10-29
Status: Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
US Spot Bitcoin ETFs are predicted to hold 1 million BTC by November 6, 2024, and surpass Satoshi Nakamoto's holdings by mid-December 2024.
"the US spot ETFs are scheduled to hit 1 million Bitcoin held by next Wednesday and then pass Satoshi by mid December"
BTC
Pending
Cardano users will be able to pay transaction fees in Bitcoin, with ADA being consumed under the hood, starting in 2025 due to the introduction of Babel fees.
"with Babel fees coming next year they will be able to pay transaction fees in Bitcoin under the hood"
ADA
Pending
Bitcoin dominance is predicted to be near its peak (around 60-65%), and a significant drop, similar to the 2021 cycle (from 73% to 39% in 5 months), is expected to occur in 2025, leading to an altcoin season.
"I personally think 60% is close to the top of Bitcoin dominance now we could stay here for weeks we could easily hit 64 65 but just like altcoin seasons of the past when Bitcoin went from 73 dominance to 39 in the span of 5 months I'm personally expecting to see something similar in 2025"
BTC
Pending
The Federal Reserve is predicted to implement at least one 25 basis point interest rate cut before the end of 2024.
"I think it's fair to say we're going to have at least a 25 [basis point rate cut before the end of the year]"
Interest Rates
Pending