ilmscore | Bitcoin: Bull Market Support Band

Bitcoin: Bull Market Support Band

Published: 2024-07-08
Status: Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Prediction
Topic
Status
If Bitcoin reclaims the bull market support band and 200-day SMA before Q4 2024, the probability of a price rally in Q4 2024 increases.
"if Bitcoin can reclaim the bull market sport band and the 200 day SMA especially before Q4 then the odds of a Q4 rally go up"
BTC
Pending
If Bitcoin fails to reclaim its bull market support band and 200-day SMA, similar to 2019, the odds of a Q4 2024 rally decrease, potentially leading to a Q4 price decline (bleed) into year-end, possibly due to an uninverted yield curve.
"if it can't and it just does what it did in 2019 then the odds of of of a Q4 rally go down and you might just see a Q4 bleed into the end of the year maybe on the back of of an uninverted yo curve"
BTC
Pending
If Bitcoin experiences a 'left-translated peak' with a rally in Q4 2024, the current market cycle's peak could occur by the end of 2024, a year earlier than typical post-halving year peaks, similar to the 2013 cycle.
"if it's translated Peak and it goes back up in Q4 of this year then is it over at the end of this year is it just over kind of like it was in 2013 it just happened it all happened a year sooner that's one outcome"
BTC
Pending
If the Bitcoin market cycle peak adheres to the typical pattern of Q4 2025 (the post-halving year), then 2024 would likely not see a significant Q4 rally, instead experiencing a prolonged lull similar to 2019, extending past summer.
"if it is just another sort of peak in Q4 of 2025 and not 2024 then that means that you can't really have the same extent of a rally this year because if you get it this year I mean unless you just think Bitcoin you know unless you just think it can do it again next year... so one way that it could play out if it's not a Q4 rally would be sort of a a 2019 style Lull in the market where the summer lull extends beyond the summer"
BTC
Pending
Bitcoin dominance is likely to continue rising, regardless of whether Bitcoin's price rallies or drops.
"if your reality's back up Bitcoin dominance is still going up either way more than likely"
BTC.D
Pending
Should Bitcoin drop to $40,000, many altcoins are predicted to reach new all-time lows.
"if Bitcoin were at 40K then you have a lot of these alts are at new lows"
Altcoin Performance
Pending