Bitcoin: Battle for the Bull Market Support Band
Published: 2024-07-18
Status:
Analyzed
Published: 2024-07-18
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
If Bitcoin reclaims and holds its 20-week moving average as support, it will reach new all-time highs.
"if we get back above the 20 week as and and hold it as support then it favors new all-time highs"
Pending
If Bitcoin is rejected at its current level and falls below the 21-week EMA, it will see a lower low.
"if it gets rejected and we start to come back down below the 21 we EMA this it favors a lower low"
Pending
Bitcoin's market cycle peak is predicted to occur in Q4 of the post-halving year (late 2025).
"the last several Cycles we did see the peak come in in Q4 of the post having year which is still about a year and a half from now"
Pending
Bitcoin dominance is predicted to continue increasing and reclaim more market share by the end of 2024, regardless of Bitcoin's USD price direction.
"I still think that Bitcoin will reclaim more market share by the end of the year... I really do I think Bitcoin dominance is poised to continue going higher no matter the direction of Bitcoin USD"
Pending
Altcoins (against Bitcoin) are predicted to put in another lower low in August 2024.
"every couple of months we've been putting in a lower low right so here you had one in February and then a lower low in April and then a lower low in June so the next one would be due for August"
Pending
If Bitcoin fully follows the 2019 price pattern, it will make one more slightly lower low in 2024.
"if it follows the 2019 move in its entirety then it would mean one more slightly lower low"
Pending
If Bitcoin reclaims and holds its 20-week moving average as support, similar to 2013, it will likely see a rally in Q4 2024.
"if Bitcoin gets above its 20we moving average just like 2013... if it can slowly grind above that then it would favor a Q4 rally if it can hold it as support... then we had a Q4 rally"
Pending
Bitcoin was predicted to return to its 20-week moving average in July 2024.
"it would make sense to assume that we're going to go back to the 20we moving average"
Pending
Bitcoin dominance was predicted to increase in the 2024 halving year.
"I think dominance is going to go up in the having year"
Pending
Bitcoin dominance is predicted to continue rising and reclaim more market share by the end of 2024.
"I still think that Bitcoin will reclaim more market share by the end of the year I really do I think Bitcoin dominance is poised to continue going higher"
Pending
If Bitcoin reclaims and holds its 20-week moving average as support, it will likely reach new all-time highs in 2024.
"if we get back above the 20 week as and and hold it as support then it favors new all-time highs"
Pending
If Bitcoin is rejected at current resistance and falls below the 21-week EMA, it will likely see a lower low in 2024.
"if it gets rejected and we start to come back down below the 21 we EMA this it favors a lower low"
Pending
Bitcoin dominance is predicted to increase regardless of whether Bitcoin's price is rejected or breaks new highs in 2024.
"my guess is that regardless if it's rejected if it's rejected then guess what Bitcoin dominance goes up if it if it breaks new highs Bitcoin dominance goes up"
Pending
Altcoins (against Bitcoin) were predicted to put in another lower low in August 2024, based on a pattern of lower lows every two months.
"every couple of months we've been putting in a lower low right so here you had one in February and then a lower low in April and then a lower low in June so the next one would be due for August"
Pending