ilmscore | BITCOIN ETF Frenzy Ignites Crypto Boom!

BITCOIN ETF Frenzy Ignites Crypto Boom!

Published: 2024-03-01
Status: Analyzed

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Prediction
Topic
Status
Bitcoin is predicted to enter a price discovery mode.
"we're about to see Bitcoin go into price discovery mode"
BTC
Pending
Bitcoin is predicted to consolidate or retrace, finding support around the 20-day moving average (~$53,000) or the 786 Fibonacci level (~$57,500).
"it would be very normal for Bitcoin to even revisit the top of the the the channel here which is the 786 line of those bull market doors... the area of the 20-day moving average around 53,000 and the top of this bull market door area the 786 right around 57 $7,500 or so I'd be watching that entire area whether it's support right at this area or Bitcoin falls back into the range hitting this 20-day moving average consolidation anywhere in there I think is normal"
BTC
Pending
Bitcoin's next price target to the upside is $70,000.
"first Target to the upside still in play $70,000"
BTC
Pending
Altcoins are predicted to perform extremely well and outperform Bitcoin in the current bull market.
"I truly think that altcoins will perform extremely well and I think they're going to outperform bitcoin"
Altcoins
Pending
Bitcoin dominance is predicted to fall during the current bull market, following historical patterns post-Bitcoin halving.
"I think Bitcoin dominance will fall as it has every bull market pasted right... I think Bitcoin dominance will fall"
Bitcoin Dominance
Pending
Bitcoin dominance is predicted to rise if there's significant downside volatility or a major consolidation in the crypto market, as altcoins are expected to incur larger short-term losses.
"if we get crazy volatility like that that's I think more of a scenario where we see Bitcoin dominance Rising because I think altcoins in that situation are going to see some big losses at least in the short term and that could be a power move for Bitcoin dominance on this chart"
Bitcoin Dominance
Pending
Bitcoin is predicted to consolidate, potentially retesting support between $53,000 (20-day moving average) and $57,500 (786 Fibonacci level).
"I think would be normal and something is not guaranteed to happen but we can anticipate potentially it's really the the area of the 20-day moving average around 53,000 and the top of this bull market door area the 786 right around $57,500 or so I'd be watching that entire area whether it's support right at this area or Bitcoin falls back into the range hitting this 20-day moving average consolidation anywhere in there I think is normal it's healthy"
BTC
Pending
Bitcoin dominance is predicted to fall after the 2024 halving during the next parabolic bull market.
"I think Bitcoin dominance will fall as it has every bull market... I think 2024 having this next parabolic Bull I think Bitcoin dominance will fall."
BTC.D
Pending
Bitcoin is predicted to reach $70,000 as its next price target.
"first Target to the upside still in play $70,000... that $70,000 Target is the next Target... that is in play"
BTC
Pending
Altcoins are predicted to perform extremely well and outperform Bitcoin during the bull market.
"I truly think that altcoins will perform extremely well and I think they're going to outperform bitcoin."
Altcoin Performance
Pending