Published: 2024-03-05
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin is predicted to break its all-time high in USD valuation.
"it seems like the USD evaluation is is the next to fall and so we'll see if we can actually take that out"
Pending
Liquidity from altcoins will flow back to Bitcoin, which will then use it to move higher.
"normally when when this kind of stuff happens... if it if it goes to altcoins it just comes right back right it comes right back to bitcoin and and then Bitcoin uses that as fuel to to ultimately try to move higher"
Pending
Bitcoin could reach the mid-$70,000 range based on extension from the 20-week SMA.
"if you connect the dots like this and it implies sort of like the mid 70s right if you connect the dots like like that a little bit less right a little bit less in the mid-70s because that's 0.51 it was when it was at 0.53 that it would correspond to Mid 7s"
Pending
The altcoin market (excluding Bitcoin and Ethereum) is expected to slowly decline against Bitcoin, bleeding back down to range lows.
"it seems it seems like we are going to slowly bleed back down to that range low"
Pending
Bitcoin dominance is predicted to break out as the Bitcoin halving approaches.
"as we get closer and closer to the having I I do think dominance will break I think it will"
Pending
Bitcoin is expected to maintain market dominance for at least another one to two months.
"it it seems like Bitcoin should still hold the Reign for at least another at least another month or two"
Pending
Bitcoin dominance reaching 55.3% (and clearly at 56%) will signify that altcoins have broken down against Bitcoin.
"if you see dominance at at 55.3 and especially at 56% right at 56% it's clear that altcoins have broken down on their Bitcoin pairs but at at at 55.3% altcoins should be broken down on on their Bitcoin pairs"
Pending
The speaker will maintain a 'risk-on' stance until Bitcoin dominance reaches approximately 56%.
"we will remain risk on until Bitcoin dominance hits approximately 56%"
Pending
Ethereum/Bitcoin ratio (ETH/BTC) is predicted to be durably below 0.049 when Bitcoin dominance reaches 56%.
"e Bitcoin should be below 0.049 durably at 56% dominance"
Pending
The crypto market is approaching a peak around the Bitcoin halving (plus/minus a month), followed by a cool-off later in 2024. The question for the following six months will be whether this was the cycle top or if another surge will occur in the post-halving year, as seen in past cycles.
"my guess is we're we're reaching some type of Crescendo as we approach the having will then cool off following the having and then... we get our first top... sometime around the having plus or minus a month... I do think we're going to see the market cool off later this year and then we'll basically have to figure out was that it or or will we get another surge"
Pending
Bitcoin is expected to maintain durable control (dominance) over the market until after the Federal Reserve pivots on interest rates.
"Bitcoin should regain control until after the FED pivots is my guess right that Bitcoin should remain in control durably until after that"
Pending
Ethereum is expected to show more resilience against Bitcoin than other altcoins, but will likely fall against Bitcoin after other altcoins have already declined.
"if eth is going to fall against Bitcoin I imagine it would happen after altcoins fall"
Pending
Bitcoin is potentially front-running its cycle, similar to 2021, and may cool off for a period after this surge.
"I really wonder if we're just front running it just like we did in 2021 and then we cool off for a while"
Pending
Bitcoin may be front-running its cycle, cooling off, and then potentially surging again in about 1.5 years to a log line that would be $50,000 higher than its current level at that future time.
"are we just kind of front running it in the same way... and then does it end up being right in another year and a half right where you know maybe you fade back down you cool off for a while and then you eventually go back up to that same log line but when you go back up to it it's another 50k higher"
Pending
Altcoins can lose value against Bitcoin even when Bitcoin's price is declining.
"alts bleed to bitcoin even when Bitcoin goes down... it can happen it certainly can happen"
Pending
Bitcoin dominance is theoretically expected to peak during a Bitcoin USD downtrend (which the market might not yet recognize as such), approximately around a Federal Reserve pivot to Quantitative Easing (QE).
"Bitcoin dominance should theoretically top in a Bitcoin USD downtrend that people don't think of as a downtrend... sometime around a pivot to QE"
Pending
Bitcoin dominance is predicted to rise as Bitcoin's USD value falls. Bitcoin dominance might peak when Bitcoin falls below its 20-week Simple Moving Average (SMA), after which altcoin-Bitcoin pairs could bottom out.
"Bitcoin dominance climbs as Bitcoin USD Falls and then when Bitcoin USD goes below the 20 week that's potentially where Bitcoin dominance tops... then you could get to the point where all Bitcoin pairs bottom out"
Pending
If Bitcoin dominance surpasses 55.3% and reaches 56%, it is predicted to continue rising to 60%, with altcoins losing value against Bitcoin, even if Bitcoin's USD price declines.
"if if Bitcoin dominance can break... to 56% I think that... we should be well on our way to 60% at that point... I think it will go to 60 and I I think that that alt will bleed back to the king um even in even if Bitcoin goes down"
Pending
The peak in Bitcoin dominance is not expected until the Federal Reserve pivots on interest rates.
"I don't think the dominance top is in until the FED pivots"
Pending
Ethereum is predicted to lose value against Bitcoin over time, with Bitcoin outperforming Ethereum regardless of Bitcoin's USD price movement.
"I just think it's going to bleed against Bitcoin given enough time... Bitcoin will outperform it whether Bitcoin goes up or down"
Pending
Bitcoin is not expected to reach $1 million in the current market cycle.
"I don't think it's going to go to a million this cycle unfortunately"
Pending
Net liquidity is predicted to follow a pattern similar to last year, rising slightly and then declining into the summer, potentially affecting Bitcoin's price trajectory.
"I wonder if it's going to play out in the same in a similar way where like it it it goes up a little bit and then sort of Fades back down as you get into the summer I I could see something like that happening"
Pending
Gold breaking out suggests the Federal Reserve will need to start cutting interest rates.
"I do have to wonder if if gold breaking out is is signaling to the Fed that they need to start cutting"
Pending
The Federal Reserve is expected to keep interest rates higher for longer to curb speculative behavior.
"the idea is that the FED will stay higher for longer until they've really brought the degens back down to earth a little bit"
Pending
The Federal Reserve is unlikely to cut interest rates in March (2024) due to high inflation.
"they're likely not going to cut in March um because inflation is still too high"
Pending
Gold breaking out suggests the Federal Reserve's pivot (rate cuts) is not far off.
"normally when gold breaks out like this from these range highs you know what it means it it it means that we're not that far away from a pivot is what it historically has meant"
Pending
Gold is expected to rally when Quantitative Easing (QE) arrives, potentially after an initial sell-off.
"normally gold rallies when the QE... arrive... gold will it can sell off initially but then it'll it should continue to Rally"
Pending
Rising oil prices could worsen inflation, delaying Fed rate cuts and causing them to be priced out of market expectations.
"if [oil] keeps going up it might exacerbate the problem with inflation and and sort of drag it on longer and longer and longer and and cause more and more rate cuts to get priced out"
Pending
The market is likely closer to the Federal Reserve initiating Quantitative Easing than commonly perceived.
"I do think we're probably closer than people think [to QE]"
Pending
The economy is weakening with rising bankruptcies, and the removal of labor market excess will soon impact the broader labor market.
"the economy is weakening... bankruptcies are going up... a lot of the excess in the labor market has been removed now... that's going to make its way over to the labor market"
Pending
The Federal Reserve is not expected to pivot on interest rates until the labor market shows significant weakness.
"I don't think the FED pivots until the labor market shows weakness"
Pending