Published: 2024-04-22
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin price to consolidate for a period (May-June 2024), during which altcoin-Bitcoin pairs will perform poorly.
"I do think at least based on historical seasonality um that we could see something like that once again where we just sort of you know hang around in this area for a while but during that period all Bitcoin pairs get chopped up"
Pending
Bitcoin price is likely to drop to the bull market support band (54.8k-56.1k) in May-June 2024.
"I mentioned that there's a decent chance we see Bitcoin Fade Into the bull market support band into May in June"
Pending
Bitcoin Dominance (including stablecoins) is predicted to reach around 60% by Summer 2024.
"dominance including Stables should theoretically find itself out around 60%"
Pending
Bitcoin is predicted to gradually decline to the bull market support band (54k-56k) in May-June 2024.
"I mentioned that there's a decent chance we see Bitcoin Fade Into the bull market support band into May in June."
Pending
Bitcoin Dominance is predicted to top in June 2024, coinciding with Bitcoin price falling below its 20-week moving average.
"Bitcoin dominance theoretically tops and... it could correspond to bitcoin falling below its 20we moving average in June"
Pending
Bitcoin dominance (excluding stablecoins) predicted to reach 64% and Bitcoin dominance (including stablecoins) predicted to reach 60% in summer 2024.
"I think that dominance excluding Stables is going to be going up to about 64% this summer meaning dominance including Stables should theoretically find itself out around 60%."
Pending
Bitcoin USD predicted to fall below its 20-week moving average in June 2024, at which point Bitcoin dominance is predicted to reach the top of its wedge pattern.
"8 weeks from now would put us out in in June right and June is precisely the time where I've said that you could see Bitcoin dominance come back up to the top of this wedge and it could correspond to bitcoin falling below its 20we moving average in June."
Pending
The ETH/BTC ratio is predicted to reach 0.0375 by June 2024.
"0375 is basically what I've said is the target for me for E Bitcoin for the last two and a half years... and if you connect the dots on those lows and you go to here this June that puts you at around 0375"
Pending
If the ETH/BTC pair experiences a bounce, it is predicted to be rejected at the 0.053-0.054 BTC resistance level.
"if it were to get a balance I still would argue that it's going to be rejected at around 053 which is where the bullmark sport bin is somewhere between 053 and 054."
Pending
The ETH/BTC pair is predicted to reach a target of 0.0375 BTC in summer 2024.
"this June that puts you at around 0375 which 0375 is basically what I've said is the target for me for E Bitcoin for the last two and a half years"
Pending
Bitcoin is predicted to experience a mid-cycle top in 2024, leading to a period of decline ('bleed') throughout the year. It is then expected to recover and pick up momentum in 2025 as the Federal Reserve adopts looser monetary policy.
"what happens if it's just a midcycle top that causes Bitcoin to bleed you know for a while this year making people give up on on it and then and then we just pick up in 2025 as as the FED has gone back to much looser monetary policy"
Pending
The US unemployment rate could drop to 3.7% (April 2024 data, released May 2024) before spiking to 4% (May 2024 data, released June 2024).
"what happens if we bleed down to 37 by the next data point and then in June we get the May data point that gets it the 4%"
Pending
Bitcoin is predicted to experience a period of decline ('bleed') through 2024, causing investors to lose confidence, followed by a recovery and rally in 2025 as the Federal Reserve adopts looser monetary policy. During this time, altcoins are predicted to establish new price lows, even if Bitcoin does not.
"causes Bitcoin to bleed you know for a while this year making people give up on on it and then and then we just pick up in 2025 as as the FED has gone back to much looser monetary policy... those altcoins can put in new lows even in a situation where say Bitcoin uh doesn't"
Pending
If the unemployment rate hits 4% by early June 2024, the Federal Reserve could implement its first rate cut in June, followed by a second in September, and a third in December 2024.
"if the first week of June we get an unemployment rate print at 4% then you could actually get the the the First Rate cut in June and then maybe the second one in September and then skip November because it's an election year and then maybe the third one in in December"
Pending
The ETH/BTC pair is predicted to remain below 0.045 BTC and decline further ('roll over') into the summer months of 2024.
"I think they should stay below 045 right they're at 043 now I think they'll stay I don't I think there they should stay below 045... and then they roll over into the summer months."
Pending
US Unemployment Rate predicted to drop to 3.7% (April data, released May 2024) and then spike to 4% (May data, released June 2024).
"then it would mean the unemployment rate could still potentially go down on the next data point potentially back down to 3.7... and then in June we get the May data point that gets it the 4%."
Pending
Altcoin/Bitcoin pairs are predicted to bleed through May-June 2024 and bottom out in summer 2024. Subsequently, altcoin/USD pairs are predicted to fall until Bitcoin USD stabilizes, after which altcoin/USD pairs will lead the market rally once the Fed cuts rates and implements quantitative easing.
"all Bitcoin pairs bleed for the next two months they bought them out this summer and then all USD pairs go down until Bitcoin stops going down and then when Bitcoin USD starts to go back up... then all USG pairs go up but they go up they lead..."
Pending
Altcoin-Bitcoin pairs are expected to bottom out between May and July 2024.
"sometime like May June July I I think we might actually see all Bitcoin pairs bottom out"
Pending
Altcoin/Bitcoin pairs are predicted to durably drop below their range low in May 2024, potentially leading to the first Federal Reserve interest rate cut in June 2024.
"the following month you see all Bitcoin pairs durably go below that low right so the following month would be May and then... you could get a scenario where all Bitcoin pairs Dro below the range low in May and then and then the FED potentially Cuts in June."
Pending
Altcoin-Bitcoin pairs are predicted to top out in Q1 2026, coinciding with an 'alt season'.
"that has these all Bitcoin pairs topping out in q1 of 2026"
Pending
Altcoin-USD pairs are predicted to reach new lows in 2024, potentially even if Bitcoin price avoids new lows during its anticipated decline.
"altcoins can put in new lows even in a situation where say Bitcoin uh doesn't"
Pending
Contingent on the US unemployment rate reaching 4% in the first week of June 2024, the Federal Reserve is predicted to implement its first rate cut in June 2024, followed by a second cut in September 2024, skipping November due to the election, and a third cut in December 2024.
"if the first week of June we get an unemployment rate print at 4% then you could actually get the the the the First Rate cut in June and then maybe the second one in September and then skip November because it's an election year and then maybe the third one in in December."
Pending
Altcoin/Bitcoin pairs are predicted to top out in Q1 2026.
"that has alt season that has these all Bitcoin pairs topping out in q1 of 2026"
Pending
Altcoin-USD pairs will eventually outperform Bitcoin and lead the market once the Federal Reserve pivots to quantitative easing and Bitcoin price recovers (expected in 2025).
"when Bitcoin USD starts to go back up um because the FED is cut it off and they've and they've switched back to Q then all USG pairs go up but they go up they lead because then there's that's why I mean that's why Everyone likes Al is because they tend to outperform in a bull market"
Pending