Published: 2024-07-24
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
If Bitcoin follows post-halving year returns (e.g., staying above its 21-week EMA), it will extend its July 2024 rally into August 2024, experience a pullback in September 2024, and then continue rallying in Q4 2024.
"Bitcoin push it extends its Rally from its July rally into August and then a pull back in September followed by a continuation of the rally in the fourth quarter of the year that would of course be if we were to follow post havinge returns."
Pending
If Bitcoin falls below its 21-week EMA (under $62k), it is highly likely to experience a lower low, potentially reaching $50k.
"below the 21 we EMA So Below 62k there is a high likelihood that it would fall to a lower low and potentially go down to 50K."
Pending
Altcoins are predicted to bleed against Bitcoin pairs, breaking support and dropping to range lows, potentially 'throwing in the towel' in August 2024.
"altcoins are potentially only a few weeks uh from from really breaking this support and going down to the range lows and you should know that my base case is that altcoins will bleed on their Bitcoin pairs to these range lows... implying that altcoins may finally throw in the towel here in August."
Pending
If Bitcoin follows post-halving returns, it will extend its July rally into August, pull back in September, and then continue rallying in Q4 2024.
"Bitcoin following either post havinge returns where Bitcoin push it extends its Rally from its July rally into August and then a pull back in September followed by a continuation of the rally in the fourth quarter of the year"
Pending
If Bitcoin follows the 2019 path and sets a lower low, it could reach around $50,000 by September 2024.
"if it were to follow the 2019 path and set a lower low then it might just go about $3,000 below the prior lows... by September Bitcoin ... that sort of that lower bound on that trend line would actually be at around $50,000"
Pending
If Bitcoin falls below the 21-week EMA (below $62,000), there is a high likelihood it will fall to a lower low, potentially reaching $50,000.
"as long as Bitcoin is above the 21 we EMA I think the argument is that it's still following post having year returns below the 21 we EMA So Below 62k there is a high likelihood that it would fall to a lower low and potentially go down to 50K"
Pending
If Bitcoin gets rejected and puts in a lower high, it could mark the beginning of altcoin devaluation against Bitcoin.
"if it follows suit again and Bitcoin gets rejected and gets a lower high that could very well correspond to the actual beginning of the all Bitcoin uh devaluation"
Pending
October 2024 is predicted to be a good month for Bitcoin, potentially seeing a rally after a September drop or pullback, leading into a Q4 rally.
"if you do see a drop uh October tends to be a good month uh so if if that plays out you know you could see the Bitcoin rally back up even if it does go to a lower low or if in September it's just getting a pullback it it could be um you know an opportunity before another Q4 rally"
Pending
Altcoins are a few weeks away from breaking support and going down to their range lows against Bitcoin.
"altcoins are potentially only a few weeks uh from from really breaking this support and going down to the range lows"
Pending
Author's base case is that altcoins will bleed against their Bitcoin pairs to range lows.
"my base case is that altcoins will bleed on their Bitcoin pairs to these range lows"
Pending
Altcoins (against Bitcoin) may 'throw in the towel' in August 2024, coinciding with an anticipated first rate cut in September 2024.
"now it seems like maybe they're going to get the first cut in September implying that altcoins may finally throw in the towel here in August"
Pending