Published: 2024-07-22
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin dominance is predicted to reach 60%.
"I don't think it's toughed I think it's going to go much higher I think it's going to 60%"
Pending
ETH/BTC valuation is predicted to reach the 0.03 to 0.04 range by the end of 2024.
"theoretically if e Bitcoin is eventually going to go to the 03 to 04 range by the end of the year"
Pending
ETH/BTC is predicted to durably fall below the 0.049 level by September 2024, coinciding with an anticipated Federal Reserve rate cut.
"if it plays out like the last cycle we won't even see eth Bitcoin go below these levels durably until September which is two months from now because that's theoretically when the fed's going to cut rates"
Pending
Bitcoin is predicted to face a short-term rejection near $70,000-$71,000 in early August 2024, then break out in August 2024, and retest the trend line in September 2024.
"one is where you you come up here to the trend line and you get reject you get a rejection in the short term right and and it could correspond to early August... if it's going to then break out it would likely occur in in August is my guess um and that's actually what happened in 2021 right you know sort of a breakout in August and then and then come back and and test that trend line in in September"
Pending
Bitcoin is predicted to sell off to approximately $50,000 in September 2024, then experience a larger upward move in October 2024.
"another path would be what you know the 2019 path right where it it it goes up everyone then thinks it's going to break out yet again and then you just get a sell off into September because you know Bitcoin just has really bad seasonality in in September and then you finally you know get a larger move in in October that would be if it were to play out like 2019 okay and then that would get you all the way down to sort of that 50k Bitcoin level"
Pending
Bitcoin's price in October 2024 is predicted to be similar to its current price (around $68,800) regardless of which short-term path it follows.
"there's a decent chance that by October you're you're at the same spot regardless of what path Bitcoin takes from here"
Pending
Altcoin pairs against Bitcoin are predicted to break down in August 2024, followed by ETH/BTC breaking down in September 2024 when the Fed cuts rates.
"I kind of Wonder you know is it playing out like is it going to do this thing where you know bitcoin's you know it's getting this rally and and and maybe finally in August all Bitcoin pairs they finally break down right and then the following month in September eth Bitcoin finally breaks down when the FED Cuts"
Pending
Bitcoin dominance is predicted to rise to 60%.
"I don't think it's toughed I think it's going to go much higher I think it's going to 60%"
Pending
When Bitcoin dominance reaches 60% and Bitcoin falls below its 20-week moving average, Bitcoin will not recover quickly.
"perhaps the time where Bitcoin goes below its 20we moving average and Bitcoin dominance has reached that Target level I've said of of around 60% that might be the time where it doesn't get a quick recovery like it did just now"
Pending
ETH/BTC ratio is predicted to drop to the 0.03 to 0.04 range by the end of 2024.
"theoretically if e Bitcoin is eventually going to go to the 03 to 04 range by the end of the year"
Pending
ETH/BTC ratio will not durably fall below its current levels until September 2024, aligning with potential Fed rate cuts.
"if it plays out like the last cycle we won't even see eth Bitcoin go below these levels durably until September which is two months from now because that's theoretically when the fed's going to cut rates"
Pending
Bitcoin dominance will peak before Bitcoin durably falls below its 20-week moving average.
"I think Bitcoin dominance will Top before Bitcoin goes durably below its 20we moving average"
Pending
The ETH Spot ETF is predicted to launch the week of July 22, 2024, leading to ETH/USD selling off approximately two weeks later. This ETH sell-off will likely cause a short-term rejection and pullback for Bitcoin from its resistance trend line in early August 2024.
"I think the spot the spot ETF for eth is about to launch... if it is this week and then two weeks from now you see ethusd sell off like Bitcoin USD did after the spot ETF was launched that was two weeks later... if it does go up to this top part here I I would I would expect some short-term rejection right where you know it it it comes back down because eth is getting a large pullback and the whole Market is having sort of digest that part of it"
Pending
If Bitcoin breaks out, it is likely to do so in August 2024, followed by a retest of the trend line as support in September 2024.
"if it's going to then break out it would likely occur in in August is my guess um and that's actually what happened in 2021 right you know sort of a breakout in August and then and then come back and and test that trend line in in September"
Pending
If Bitcoin follows the 2019 path, it will sell off into September 2024, potentially reaching the $50,000 level, then see a larger move up in October 2024.
"another path would be what you know the 2019 path right where it it it goes up everyone then thinks it's going to break out yet again and then you just get a sell off into September because you know Bitcoin just has really bad seasonality in in September and then you finally you know get a larger move in in October that would be if it were to play out like 2019 okay and then that would get you all the way down to sort of that 50k Bitcoin level"
Pending