Published: 2024-04-26
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin could fall below $59,073 in late April or May 2024, where bulls might attempt to find support.
"if Bitcoin does go below those levels here as we get into the sort of the May time frame late April May time frame that is where you would expect the Bulls to at least try to hold that as support"
Pending
Bitcoin is predicted to interact with its bull market support band ($53.7k - $55.1k) during Summer 2024.
"I think that this summer Bitcoin will interact with the bull market support B that's my best guess"
Pending
Bitcoin dominance (excluding stables) is predicted to potentially top out in Summer 2024, following a local top for Bitcoin USD in March.
"Bitcoin USD puts in a local top in March and then Bitcoin dominance potentially tops out this summer"
Pending
Bitcoin is expected to largely trade within the range between its 8-week Simple Moving Average and the bull market support band ($53.7k-$55.1k) in late April to May 2024.
"my guess my best guess as to what happens is that it's going to basically bounce around in this range with you know below the 8we SMA with some occasional moves above it right I mean it's not like it can't get above it for a few days here and there but I would say it's probably going to spend a lot of time over the next few weeks between the 8we SMA and the bull Market support band just like it did last year around this time and in 2019"
Pending
Bitcoin's price will touch or trade within the 53.7k to 55.1k range during Summer 2024.
"I think that this summer Bitcoin will interact with the bull market support B"
Pending
Bitcoin dominance (excluding stablecoins) is expected to increase in May and June 2024.
"it had a pullback but I think it's about to start running back up in May and June"
Pending
Bitcoin will not experience durable significant price climbs above its April 2024 levels until at least Q4 2024 or Q1 2025.
"just looking at the last two cycles you can see it took about two to 300 more days before Bitcoin even continued to climb from this point which would essentially take you out you know 6 to n months you know getting you into at least Q4 if not q1 of the post having year"
Pending
Bitcoin's price has a chance to stagnate or decline for the remainder of 2024 (from April 2024).
"What if Bitcoin were just cool off not for 3 months or 6 months but for 9 months then that means it maybe cools off for the rest of the year and so there is a chance that something like that could happen"
Pending
Bitcoin could experience a 50% price correction from its March 2024 local top (approx. $73k), similar to historical patterns when USDT dominance hits a specific trendline.
"every time it tagged this trend line Bitcoin had a 50% correction... you find yourself on that trend line once again... what if it's not different and and it just kind of plays out the same way that it did last cycle"
Pending
Bitcoin's price will consolidate between the 8-week Simple Moving Average and the 53.7k-55.1k range in the weeks following April 26, 2024.
"my best guess as to what happens is that it's going to basically bounce around in this range with you know below the 8we SMA with some occasional moves above it right I mean it's not like it can't get above it for a few days here and there but I would say it's probably going to spend a lot of time over the next few weeks between the 8we SMA and the bull Market support band"
Pending
Bitcoin dominance (excluding stablecoins) will increase during May and June 2024.
"I think it's about to start running back up in May and June"
Pending