Published: 2024-02-10
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
ETH/BTC ratio to fall to a range between 0.03 and 0.04.
"I've suggested the 003 to 04 range as a as a potential Target"
Pending
The 'Total 3 minus USDT divided by Bitcoin' metric (representing altcoins excluding top 10 and stablecoins against Bitcoin) is predicted to fall from 45% to 25%.
"I'm going into it thinking they're going to break down from 45% down to 25% from that level"
Pending
Altcoins (represented by Total 3 minus USDT / Bitcoin chart) are predicted to drop an additional 10% relative to Bitcoin, falling below their previous range low, coinciding with the Federal Reserve's first rate cut.
"I'm saying I think they will meaning that they alt coins could drop another 10% against Bitcoin just to get back down to the range low and I think they're going to go below that right I think they're going to eventually go below that around the time of that First Rate cut"
Pending
Ethereum Spot ETF approval is predicted to be in May 2024 at the earliest, with a possibility of not being approved at all.
"the ETF is probably not until May at the earliest and that's assuming it gets approved and it might not even get approved"
Pending
ETH/BTC ratio is predicted to durably break down when Bitcoin dominance reaches 56%.
"I think that Bitcoin when Bitcoin dominance is at 56% I think that eth Bitcoin has durably broken down"
Pending
ETH/BTC ratio predicted to fall to the 0.03-0.04 range.
"I've suggested the 0.03 to 0.04 range as a as a potential Target [for ETH/BTC]"
Pending
99% of altcoins are predicted to eventually demonstrate a continuous decline in value against Bitcoin (bleed against BTC).
"I'm telling you 99% of altcoins this is what the chart will eventually look like against Bitcoin"
Pending
Bitcoin dominance is predicted to reach 60%, with an intermediate stop at 56%.
"what's my target 60 %...I think the next stop is 0.5 which corresponds to 56% dominance which I think will be a big milestone and then finally the 618 the 618 happens to be 60% dominance precisely right...I think it's going back to 6.8"
Pending
The majority of altcoins driving the next altcoin market cycle against Bitcoin will likely be new projects introduced after 2021.
"the altcoins that are responsible for the the next altcoin bubble against Bitcoin most of them are probably going to be new that didn't even exist in 2021"
Pending
Ethereum ETF predicted to be approved no earlier than May 2024 (if at all).
"the ETF is probably not until May at the earliest and that's assuming it gets approved and it might not even get approved"
Pending
Bitcoin is predicted to experience sideways price action, leading to further underperformance of altcoins relative to Bitcoin for an extended duration.
"my guess is that Bitcoin will just continue to chop around and and chop the altcoin market up for a while longer"
Pending
ETH/BTC ratio is predicted to have durably broken down by the time Bitcoin dominance reaches 56%.
"I think that Bitcoin when Bitcoin dominance is at 56% I think that eth Bitcoin has durably broken down."
Pending
The Bitcoin Halving in April 2024 will likely remain the dominant market narrative over the Ethereum ETF. Attention may shift back to the Ethereum narrative between April and May 2024. Furthermore, if ETH/BTC does not break down before May 2024, it could experience a brief price increase before a breakdown, implying the Federal Reserve's first rate cut might be delayed until June 2024.
"we still have the having in April um and so that narrative I I imagine will still be sort of the strongest narrative over the eth ETF narrative um maybe from April to may people then go back to the whole eth narrative... if eth Bitcoin doesn't break down before May then you could see another little pop like that and then it break down right but if that happens and it might imply that the First Rate cut doesn't come until June"
Pending
ETH/BTC ratio is predicted to continue bleeding and eventually break down, likely corresponding to the timing of the first interest rate cut (possibly March or May 2024).
"it likely just continues to bleed and then eventually it breaks down maybe it breaks down in March maybe it breaks down in May I don't know probably is going to correspond to whenever the First Rate cut comes"
Pending
Bitcoin dominance (plus USDT dominance) is predicted to repeat its 2019 pattern, leading to a final breakdown of all altcoin-Bitcoin pairs.
"Bitcoin dominance plus USD dominance ... it's in the same exact phase where it was late business cycle in 2019... I think it's only a matter of time before it does the same thing [as in 2019, breaking altcoin pairs down]"
Pending
Federal Reserve balance sheet to be reduced to approximately $7.5 trillion.
"maybe they only take it down to about 16% to approximately 7 and 1/2 Tron"
Pending
Bitcoin is predicted to continue chopping around, leading to altcoins underperforming against Bitcoin for a while longer.
"my guess is that Bitcoin will just continue to chop around and and chop the altcoin market up for a while longer"
Pending
The collective altcoin market capitalization (excluding stablecoins and Ethereum, relative to Bitcoin) is predicted to break down from approximately 45% to 25%, with a weekly close below 0.39 or 0.4 marking the breakdown.
"I'm going into it thinking they're going to break down from 45% down to 25% from that level. you look for a weekly close below .39 or sorry below .4 if it's .39 a weekly close at .39 or lower then it means that Bitcoin has finally broken altcoins off of their Bitcoin support level collectively"
Pending
Altcoin market (vs Bitcoin) is predicted to drop at least another 10% to retest November 2023 lows, and then break below those lows around the time of the first interest rate cut.
"all Bitcoin pairs they have not yet returned to that November that November low I'm saying I think they will meaning that they alt coins could drop another 10% against Bitcoin just to get back down to the range low and I think they're going to go below that right I think they're going to eventually go below that around the time of that First Rate cut."
Pending
Altcoin-Bitcoin pairs (excluding ETH) are predicted to break down before the ETH/BTC ratio breaks down, based on historical patterns.
"in order to figure out if eth Bitcoin is going to break down alt Bitcoin pairs will probably break down first is my guess because that's what happened last cycle."
Pending
99% of existing altcoins are predicted to eventually bleed against Bitcoin. The next altcoin bubble against Bitcoin will primarily be led by new altcoins that didn't exist in 2021, though some older ones might also perform well.
"I'm telling you 99% of altcoins this is what the chart will eventually look like against Bitcoin...the altcoins that are responsible for the next alt Bitcoin bubble most of them are probably going to be new that didn't even exist in 2021 and there will be some that will pull up put on new highs um that existed in the last cycle"
Pending