Published: 2024-04-19
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin will either drop directly to its 20-week SMA after the halving, or first bounce to just above its 8-week moving average and then form a lower low in May.
"the sort of the two main short-term things so sort of the most likely outcomes in the short term are either you go straight to the 20we SMA following the habing or you get a bounce first to go just north of the 8 week moving average and then you resolve to a a lower low in May um off of off of whatever low this is you know so those are the sort of the two most likely shortterm outcomes to me"
Pending
Bitcoin is expected to reach its 20-week moving average (bull market support band) within the next 6 weeks (by early June 2024).
"my expectation is that Bitcoin will go to the 20we moving average within the next few weeks right you know within probably either this month or next month is my guess... sometime in the next 6 weeks we're going to find ourselves at the bull market support band"
Pending
Bitcoin USD is predicted to chop around its current range for a couple of months, driving Bitcoin dominance to 60%, ETH/BTC to 0.03-0.04, and other alt/BTC pairs down to a best-case scenario of 0.0025.
"Bitcoin USD sort of chop around in this range for a couple of months um and during that time I I think the Bitcoin dominance will go uh to 60% as eth Bitcoin goes to 003 to 04 and and all Bitcoin pairs go all the way back down from 0 42 to where they currently are down to about .25 best case scenario"
Pending
Bitcoin is predicted to outperform the altcoin market until Quantitative Easing (QE) returns.
"it's going to outperform the altcoin marketing till QE Returns"
Pending
Bitcoin dominance is predicted to top once Bitcoin records multiple weekly closes below its 20-week moving average.
"once you start getting multiple weekly closes by Bitcoin below its 20we moving average I think there's a good chance that at that point Bitcoin dominance has topped"
Pending
If Bitcoin drops to align with previous cycles, altcoins are predicted to either retest their previous lows or establish new ones.
"if Bitcoin drops here to get back in line with the last two cycles guess what alts can go back down to their lows or they can put in new lows because they're not that far off of their lows to begin with"
Pending
All altcoin/Bitcoin pairs are predicted to bottom out by June or July 2024, coinciding with the potential onset of rate cuts as early as summer 2024.
"The onset of rate Cuts potentially as early as this summer should allow a Bitcoin pairs to bottom out... by June July something like that I I could see all Bitcoin pairs finally bottoming out"
Pending
Bitcoin is expected to reach its 20-week Simple Moving Average (SMA) within April or May.
"my expectation is that Bitcoin will go to the 20we moving average within the next few weeks right you know within probably either this month or next month is my guess"
Pending
If Bitcoin price chops around for a few months, Bitcoin Dominance (BTC.D) will reach 60%.
"my guess is that if if Bitcoin sort of chops around in this range for a few months that's what should send the Bitcoin dominance to 60%"
Pending
ETH/BTC is predicted to fall to 0.03-0.04, and other altcoin/Bitcoin pairs are predicted to fall to 0.0025 as a best-case scenario.
"as eth Bitcoin goes to 003 to 04 and and all Bitcoin pairs go all the way back down from 0 42 to where they currently are down to about .25 best case scenario"
Pending
If Bitcoin price drops to align with prior cycles, many altcoins could retest their previous lows or establish new lows against USD.
"if Bitcoin drops here to get back in line with the last two cycles guess what alts can go back down to their lows or they can put in new lows"
Pending
All altcoin/Bitcoin pairs are predicted to bottom out by June or July.
"all Bitcoin pairs should come down as we get into this summer and and by you know maybe by June July something like that I I could see all Bitcoin pairs finally bottoming out"
Pending