Published: 2024-07-25
Status:
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin is predicted to reach a new all-time high while the overall altcoin market and total crypto market cap do not, due to liquidity shifting from altcoins to Bitcoin.
"there's there's sort of an example where you could see it go back down to the trend line where Bitcoin puts in a new alltime high but the altcoin Market does not and total market cap does not just simply because that liquidity from the altcoin market has just made its way over to bitcoin"
Pending
The ETH/BTC pair is predicted to finally capitulate in Q4 2024, a period that typically favors Bitcoin over Ethereum.
"ultimately what eventually happened in Q4 which typically favors Bitcoin over eth is that eth Bitcoin finally capitulated"
Pending
If the ETH/BTC chart shows a long wick in August 2024, then in September 2024, ETH/BTC could break support (potentially coinciding with a Fed rate cut), leading to Bitcoin dominance topping in December 2024.
"if next month if in August it's just a long Wick in either direction then you could have September break support which is when it did you know when it started to collapse and in 2016 and also 20 uh September would be when the FED could cut rates and then you got September October November bottom in December Bitcoin dominance top in December"
Pending
The ETH/BTC pair has a chance to sweep previous highs once the selling pressure from the Ethereum spot ETF subsides.
"I think there's a chance that eth Bitcoin could sweep the high up here again especially after the selling pressure from the the the eth from the the spot ETF stuff after that subsides maybe it can go back up"
Pending
Altcoins will continue to underperform Bitcoin until the Federal Reserve pivots to quantitative easing and lower interest rates.
"alt will not only will they do poorly in a bare Market but they'll even underperform Bitcoin whenever Bitcoin starts to go back up until the FED pivots to quantitative easing and the lower rates which hasn't happened yet"
Pending
Altcoin pairs (against Bitcoin), currently at 0.4, are likely to drop to approximately 0.25, following a pattern from the previous market cycle.
"when I look at all Bitcoin pairs you know I I do see a very similar move that we had last cycle where all Bitcoin pairs you know come back down to about 40% they spend about a year there and then eventually they break support right that is is what happened last cycle now... then it means that they're likely going to drop to about 0.25 and they're right now they're at 04"
Pending
Altcoin pairs (against Bitcoin) were predicted to drop in August 2024.
"I wonder if we are about to witness it drop in August in in in the month of August"
Pending
If the Federal Reserve were to cut rates in July 2024, altcoin pairs (against Bitcoin) would still have capitulated and continued to decline for two more months until September 2024.
"My argument would still be that they would [capitulate]... even last cycle when the FED cut all Bitcoin payers still went down for two more months until September"
Pending
Altcoins are predicted to experience an additional 37% drop against Bitcoin.
"altcoins still have another 37% drop against Bitcoin"
Pending
Bitcoin dominance is predicted to reach its peak around 60% in the second half of 2024, or by January 2025 at the latest.
"I think Bitcoin dominance is likely going to top within you know probably in the second half of 2024 I would say January 2025 at the latest... I think Bitcoin dominance will get one more pushup I think it'll go to around 60% and that'll be it"
Pending
Bitcoin dominance could spike to 57-58% in August 2024, potentially followed by a pullback in September and then a rise to 60% by year-end 2024, or even reaching 60% by September 2024.
"you could see dominance Spike to 57 to 58% in August followed by you know maybe a pullback in September and then and then maybe going up to 60% by the end of the year you could also see 60% by September"
Pending
Altcoin pairs are predicted to rally in the post-Bitcoin halving year (2025) once looser monetary policy is implemented.
"there is a good chance that once looser monetary policy arrives just like in 2017 and 2021 we saw all Bitcoin pairs rally in the post having year which is only half a year away"
Pending
Bitcoin dominance is likely to peak in the second half of 2024, or by January 2025 at the latest.
"Bitcoin dominance is likely going to top within you know probably in the second half of 2024 I would say January 2025 at the latest"
Pending
Bitcoin dominance will have one more push to approximately 60% before topping out.
"I think Bitcoin dominance will get one more push up I think it'll go to around 60% and that'll be it"
Pending
Bitcoin dominance will reach its peak before Bitcoin's price experiences a sustained drop below its 20-week moving average (bull market support band).
"I think dominance will Top before Bitcoin gets a more durable drop below it's bull market support band"
Pending
Bitcoin dominance will have one more significant push higher, primarily driven by Ethereum's price dropping against Bitcoin.
"I do think it has at least one more push left in it I think a lot of it will come on the back of eth Bitcoin dropping"
Pending
If Bitcoin rallies to a new all-time high, Altcoin/Bitcoin pairs are likely to decline.
"If Bitcoin rallies to a new high it's going to likely break all Bitcoin pairs down like 2019"
Pending
If Bitcoin's price gets rejected from another lower high, Altcoin/Bitcoin pairs are still likely to capitulate.
"if Bitcoin gets rejected from the from at another lower high... then you still likely see all Bitcoin pairs capitulate"
Pending
Altcoin/Bitcoin pairs are likely to drop to approximately 0.25 (from their current level of 0.4).
"alts are oscillators at best you know and if that is the case then it means that they're likely going to drop to about 0.25 and they're right now they're at 04"
Pending
Altcoin/Bitcoin pairs will still capitulate even if the Federal Reserve cuts rates.
"my argument would still be that they would [capitulate]"
Pending
Monetary policy is likely to change in the next few months.
"I see the monetary policy is likely about to change in the next few months"
Pending
Altcoin/Bitcoin pairs will rally in the post-halving year (2025) once looser monetary policy is implemented.
"once looser monetary policy arrives just like in 2017 and 2021 we saw all Bitcoin pairs rally in the post having year which is only half a year away"
Pending