No Shill Zone (With Ben Cowen & Gareth Soloway)
Published: 2024-02-19
Status:
Analyzed
Published: 2024-02-19
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin is expected to experience a short-term pullback.
"so right now again I am I am looking for a little bit of a pullback in Bitcoin"
Pending
Bitcoin maintaining above $49,000 indicates a neutral to positive bias; a break below $49,000 would signal a larger move to the downside.
"I think as long as we stay above this 49 then I think you look at and say okay neutral to positive bias yeah we could pull back a little off this trend line but if we were to break below 49 and essentially have a failed breakout that for me at least would be where I would start to say okay this could turn out to be a bigger move to the downside"
Pending
Liquidity is expected to flow back to Bitcoin, particularly as the halving approaches. While Ethereum may show short-term strength against Bitcoin, Bitcoin is predicted to take over in March and April (pre-halving), causing the ETH/BTC pair to decline.
"I still think that that that liquidity will flow back to bitcoin um eventually especially as we get closer to the having... eth continues to show short-term strength against you know Bitcoin but then as you get closer to the having you get March and April Bitcoin takes over eth Bitcoin goes back down to the m lows"
Pending
Nvidia's products will eventually become commoditized, leading to a significant collapse in its stock price.
"at some point it becomes commoditized I think I think andin will fall off a cliff"
Pending
If Bitcoin dominance achieves a weekly close above 54-55%, it is expected to quickly move towards 57%.
"if we can break through this like 54 55% level it looks like it's clear sailing to about 57 or so right up here"
Pending
The increasing U6 unemployment rate indicates that a recession is likely approaching.
"U6 is starting to Incline so to me that's an indicator that a recession is probably coming"
Pending
The US consumer is facing growing pressure from weak retail sales and over $1.1 trillion in credit card debt, suggesting a breaking point will eventually be reached.
"I do wonder how much the consumer can do it when you see the retail sales weaker we see credit card debt north of 1.1 trillion now um there seems like a lot of pressure on the consumer now starting to kind of develop and at some point there'll be a breaking point"
Pending
The consumer is predicted to remain strong for a longer period than many currently anticipate.
"the consumer can definitely stay stronger for I think longer than a lot of people think"
Pending
Consumer cash savings, inflated during periods of money printing, will gradually decline to historically lower levels as high inflation persists.
"as inflation continues to stay really elevated all that slowly comes back down right you know back down to historical lower levels"
Pending
If the Federal Reserve does not pivot its monetary policy soon, companies will eventually have to implement widespread layoffs.
"eventually If the Fed doesn't pivot you know soon then they have to start going over to to layoffs"
Pending
Bitcoin is expected to have a short-term pullback. A break below $49,000 would signal a larger move to the downside.
"I am I am looking for a little bit of a pullback in Bitcoin... I think as long as we stay above this 49 then I think you look at and say okay neutral to positive bias yeah we could pull back a little off this trend line but if we were to break below 49 and essentially have a failed breakout that for me at least would be where I would start to say okay this could turn out to be a bigger move to the downside"
Pending
The ETH/BTC pair is not expected to go much higher, with liquidity predicted to flow back to Bitcoin as the halving event approaches.
"I would look probably for eth Bitcoin to you know to not go too much higher... I still think that that that liquidity will flow back to bitcoin um eventually especially as we get closer to the having"
Pending
Ethereum (ETH) is predicted to show short-term strength against Bitcoin (BTC), but then Bitcoin will take over in March-April (due to the halving), leading ETH/BTC to drop to lows. Subsequently, ETH/USD is predicted to fade down until quantitative easing returns, following a yield curve un-inversion as the FED cuts rates.
"I'd be curious if it if it plays out like that here in the not sistant future where you know eth continues to show short-term strength against you know Bitcoin but then as you get closer to the having you get March and April Bitcoin takes over eth Bitcoin goes back down to the m lows and then you get some type of unversioned the yield curve as the FED cuts and then you see ethusd uh fade back down until we get sufficiently back to quantitative easing"
Pending
Nvidia's margins will eventually fall due to commoditization, leading its stock price to 'fall off a cliff'.
"at some point it becomes commoditized I think I think andin will fall off a cliff"
Pending
If Bitcoin dominance breaks above 54-55%, it is predicted to move towards 57%.
"if we can break through this like 54 55% level it looks like it's clear sailing to about 57 or so right up here"
Pending
A weekly close of Bitcoin dominance above 54% is predicted to lead to a very quick move higher (towards 57%).
"I think if you get a weekly close above 54% then you're then you could very quickly move to those levels that you mentioned"
Pending
A recession in the US is predicted to be coming, indicated by the inclining U6 unemployment rate, which historically leads recessions by about 12 months.
"This is very clear that U6 is starting to Incline so to me that's an indicator that a recession is probably coming even if the unemployment rate itself isn't showing us that"
Pending