ilmscore | Bitcoin: Bull Market Support Band

Bitcoin: Bull Market Support Band

Published: 2024-09-16
Status: Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Prediction
Topic
Status
Bitcoin price is predicted to chop around until Bitcoin dominance reaches 60%.
"what'll likely happen is it'll chop around up here until Bitcoin dominance goes to 60%"
BTC
Pending
After Bitcoin dominance reaches 60%, Bitcoin price is predicted to suffer a minor decline due to liquidity moving from the altcoin market.
"after Bitcoin dominance say 60% you could see uh Bitcoin suffer a little bit because of that liquidity that's been taken out from the altcoin market"
BTC
Pending
Bitcoin price is predicted to trend downwards until the Federal Reserve implements a sufficient policy pivot.
"and then basically the idea is it goes down until you get a sufficient P pivot from the Federal Reserve"
BTC
Pending
Bitcoin dominance is predicted to reach 60% (speaker likely misspoke '6%' instead of '60%' based on prior context).
"6% is the target for Bitcoin dominance and it always has been"
BTC
Pending
The ETH/BTC ratio is predicted to bottom out between 0.03 and 0.04.
"it bottoms out somewhere between 03 to 04"
ETHBTC
Pending
Bitcoin's price will consolidate until Bitcoin dominance reaches 60%. Subsequently, Bitcoin's price will decline, driven by liquidity draining from altcoins, until the Federal Reserve implements a pivot.
"what'll likely happen is it'll chop around up here until Bitcoin dominance goes to 60% after Bitcoin dominance say 60% you could see uh Bitcoin suffer a little bit because of that liquidity that's been taken out from the altcoin market and then basically the idea is it goes down until you get a sufficient P pivot from the Federal Reserve"
BTC
Pending
The ETH/BTC ratio will bottom out in the range of 0.03 to 0.04.
"it bottoms out somewhere between 03 to 04"
ETHBTC
Pending