ilmscore | Bitcoin: Dubious Speculation

Bitcoin: Dubious Speculation

Predictions from this Video

Total: 28
Correct: 0
Incorrect: 0
Pending: 28
Prediction
Topic
Status
Gold price to reach $2,500 before a significant pullback.
"I actually sell I think it's going to go to 2500 before it gets a real pullback"
XAU
Pending
Bitcoin's downturn from its mid-cycle top (around March/April 2024) is expected to last 6 to 9 months.
"if this is to be a midcycle top then the expectation is that it would take 6 to 9 months"
BTC
Pending
Based on the 2019 comparison, Bitcoin's lower high structure is predicted to break around the first week of September (September 2nd, 2024).
"25 weeks would be September 2nd the very first week of September that's how long it took in 2019 before the lower high structure was broken"
BTC
Pending
Bitcoin could experience further weakness in September (2024), followed by a strong recovery in October (2024).
"maybe you get a little bit more weakness going into September followed by a nice uh move back up in October"
BTC
Pending
Bitcoin's downtrend (lower highs and lower lows) could continue until the Federal Reserve implements a "sufficient pivot" in monetary policy (i.e., substantial rate cuts).
"lower highs and lower lows until there's a sufficient pivot by the FED"
BTC
Pending
Bitcoin has a chance to drop to approximately $38,000, which would be 45% down from its 2021 all-time high, aligning with prior cycle patterns and potentially its 100-week moving average.
"45% down from the all-time high and we're going to take the all-time high from 2021... is it around 37$ 38,000 right around 38... I don't know if if Bitcoin is going to go that low but there's a chance that it does"
BTC
Pending
If Bitcoin fully follows the 2019 pattern and experiences a hard landing, its downturn could extend for nine months, lasting through December 2024.
"if it follows all of 2019 and you get a hard Landing then it could take nine months which would mean through the end of the year through December"
BTC
Pending
There's a possibility Bitcoin's downturn/consolidation could last as long as 68 weeks, extending until mid-2025.
"68 weeks would put you all the way out until halfway through 2025"
BTC
Pending
Bitcoin's downtrend could potentially end as early as September 2024 if the Federal Reserve implements rate cuts that month.
"the downturn you know that the the downtrend could be as over could be over as early as September when they cut rates so that's sort of like the most optimistic scenario"
BTC
Pending
In a moderate scenario, Bitcoin's lower high structure could break by the end of the year (2024), once the Fed delivers approximately 75 basis points of rate cuts over several meetings.
"more moderate scenario is by the end of the year because last cycle it was about you know it took about 75 basis points of rate cuts to put in a you know to to basically take out that that lower high structure"
BTC
Pending
Bitcoin is predicted to experience a recovery ("spring back up") in January 2025 after a potential end-of-year downturn.
"it might actually take till the end of the year and then you might get a a spring back up in January 2025"
BTC
Pending
The ETH/BTC pair is predicted to bottom out before the end of the year (2024), potentially as early as the following week (from video publication date) or as late as December.
"eth Bitcoin will bottom out before the end of the year it could bottom out as early as next week but you know it could take as late as December"
ETH, BTC
Pending
A scenario exists where Bitcoin slowly moves up until October (2024), then accelerates, potentially leading to a peak in late 2024.
"there does exist a scenario where we're just kind of slowly moving up here until October and then things accelerate from there possibility especially if you're in the uh you know left translated Peak camp with a peak in late 2024"
BTC
Pending
Ethereum is predicted to experience a larger correction, dropping into its logarithmic regression band and reaching its lower trend line in Q4 2024.
"eth getting that larger correction into its logarithmic regression ban which it hasn't actually gone to yet this cycle... eth going to the lower logarithmic regression trend line in Q4"
ETH
Pending
The altcoin market is predicted to drop approximately 70% over the next 6-9 months (from March 2024, extending to Sept-Dec 2024).
"the altcoin market would get absolutely wrecked because e Bitcoin was breaking down and when e Bitcoin breaks down historically alts usually drop about 70% over the next six 9 months"
Altcoin Market
Pending
The altcoin market could continue to bleed, potentially retesting previous lows.
"eventually altcoins could very well just bleed back down to that low"
Altcoin Market
Pending
Smaller market cap altcoins are expected to perform relatively better than higher market cap altcoins for a period, potentially by bleeding less.
"you might actually see smaller market cap alts do a little bit better than than higher market cap alts for a little while... it could just mean that smaller market cap alts are not bleeding as much"
Altcoin Market (Small vs Large Cap)
Pending
The crypto market is likely to remain "boring" and slowly bleed for the rest of the year (2024), especially for altcoins.
"I'm honestly I'm kind of think there's a good chance that the market does stay boring for the rest of the year and kind of just slowly bleeds as altcoins"
Crypto Market
Pending
A scenario is presented where the crypto market, similar to the dot-com crash, topped out in March (2024), saw a pump in August, and then will deteriorate.
"You could argue something like that's going on right here too right sort of topping out March the election year you know getting a pump back up in August or something and and then seeing the market sort of deteriorate after that"
Crypto Market
Pending
Gold price predicted to reach $2500 before a significant pullback.
"I actually sell I think it's going to go to 2500 before it gets a real pullback."
XAU
Pending
Bitcoin market predicted to be in a downtrend until September 2024 at the earliest if it follows 2019 patterns.
"at the very least and I said this half a year ago at the very least the market would be in a downtrend until September at the earliest if it follows 2019"
BTC
Pending
Bitcoin predicted to hit $50k by September 2024 at the latest (prediction was fulfilled in August 2024).
"Bitcoin would likely hit 50k before September by September at the latest and we already hit it in in August"
BTC
Pending
Bitcoin market turnaround predicted earliest in September 2024 (following 2019 patterns) or by end of December 2024 (if following 2019 with a hard landing).
"if it's going to follow 2019 the earliest it would turn around would be September if it falls 2019 if it follows all of 2019 and you get a hard Landing then it could take nine months which would mean through the end of the year through December"
BTC
Pending
Bitcoin's lower high structure predicted to break by the end of 2024, following ~75 basis points of Fed rate cuts, potentially leading to a market rebound in January 2025.
"more moderate scenario is by the end of the year because last cycle it was about you know it took about 75 basis points of rate cuts to put in a you know to to basically take out that that lower high structure and there's a good chance that the FED is going to take several meetings to get 75 Bas points to rate Cuts in right it could take September November December right it could it might actually take till the end of the year and then you might get a a spring back up in January 2025"
BTC
Pending
ETH/BTC ratio predicted to bottom out before the end of 2024.
"probably this year and eth Bitcoin will bottom out before the end of the year"
ETH
Pending
Ethereum predicted to experience a larger correction, falling into its logarithmic regression band in Q4 2024.
"and then eth getting that larger correction into its logarithmic regression ban which it hasn't actually gone to yet this cycle and remember in 2016 eth also had sort of this Wick near the regression band in August of the having year and then in Q4 it finally came down into the regression band"
ETH
Pending
Altcoin market predicted to be 'wrecked', dropping ~70% over the next 6-9 months (from March 2024), due to Bitcoin's downtrend.
"I said that Bitcoin would likely be in a downtrend for at least half a year and that the altcoin market would get absolutely wrecked because e Bitcoin was breaking down and when e Bitcoin breaks down historically alts usually drop about 70% over the next six 9 months"
Altcoins
Pending
Crypto market predicted to remain boring for the rest of 2024, with altcoins slowly bleeding.
"I'm kind of think there's a good chance that the market does stay boring for the rest of the year and kind of just slowly bleeds as altcoins as people really struggle with with altcoins"
Crypto Market
Pending