Coin Bureau: BTC will fall

Said on Jan 9, 2023, at 14:16 in the video.

What was said
Coin Bureau

@coinbureau

“it's more than likely that we'll see at least a few more fall before the dust finally settles this means that the crypto Market will continue to experience downward pressure for the foreseeable future”
Watch at 14:16Crypto News: DCG, SBF in Court, Silvergate, OpenAI & More!!
PredictionBTCwill fallChecked at fixed windows, from 30 days to 5 years

Recorded as crypto market, a word for a group: this call is judged on BTC, the stand-in the method assigns to it.

What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$17,178

Jan 9, 2023

Price at close

$46,110

Jan 9, 2024

Return

+168.4%

S&P 500 +24.0%

BTC closed at $17,178 on Jan 9, 2023. On Jan 9, 2024 it closed at $46,110, a return of +168.4%. SPY returned +24.0% over the same window. The call was that it would fall.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

The window it was checked over

BTCWindow checked
$10,000$20,000$30,000$40,000$50,000$60,000$70,000$80,000Jul 2022Nov 2022Mar 2023Jul 2023Nov 2023Mar 2024Said on Jan 9, 2023
$0$20,000$40,000$60,000$80,000Jul 2022Jan 2023Aug 2023Mar 2024Said on Jan 9, 2023

BTC closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-DIR v4Incorrect$17,178Jan 9, 2023$22,963Feb 8, 2023+33.7%S&P 500 +5.9%
90 daysR-DIR v4Incorrect$17,178Jan 9, 2023$28,324Apr 9, 2023+64.9%S&P 500 +5.9%
180 daysR-DIR v4Incorrect$17,178Jan 9, 2023$30,285Jul 8, 2023+76.3%S&P 500 +13.9%
1 yearR-DIR v4Incorrect$17,178Jan 9, 2023$46,110Jan 9, 2024+168.4%S&P 500 +24.0%
3 yearsR-DIR v4Incorrect$17,178Jan 9, 2023$91,100Jan 8, 2026+430.3%S&P 500 +84.9%
5 yearsR-DIR v4Pending——Jan 8, 2028——
Why: 30 days

BTC closed at $17,178 on Jan 9, 2023. On Feb 8, 2023 it closed at $22,963, a return of +33.7%. SPY returned +5.9% over the same window. The call was that it would fall.

Why: 90 days

BTC closed at $17,178 on Jan 9, 2023. On Apr 9, 2023 it closed at $28,324, a return of +64.9%. SPY returned +5.9% over the same window. The call was that it would fall.

Why: 180 days

BTC closed at $17,178 on Jan 9, 2023. On Jul 8, 2023 it closed at $30,285, a return of +76.3%. SPY returned +13.9% over the same window. The call was that it would fall.

Why: 1 year

BTC closed at $17,178 on Jan 9, 2023. On Jan 9, 2024 it closed at $46,110, a return of +168.4%. SPY returned +24.0% over the same window. The call was that it would fall.

Why: 3 years

BTC closed at $17,178 on Jan 9, 2023. On Jan 8, 2026 it closed at $91,100, a return of +430.3%. SPY returned +84.9% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Jan 8, 2028.

What was said around it

good news is that silvergate should be fine the bad news is that the bank is reportedly experiencing pressure from investors to drop its crypto Focus U.S Regulators also issued a warning to Banks about crypto-related risks a few days back let's hope it's just a warning and not a Prelude to a Crackdown regardless it's evident that The Dominoes continue to fall in the aftermath of FTX and alameda's collapse dcg and silvergate are just two of many that have been wobbling over the last few weeks and it's more than likely that we'll see at least a few more fall before the dust finally settles this means that the crypto Market will continue to experience downward pressure for the foreseeable future absent any Improvement in any macro factors like interest rates or the energy crisis it's quite possible that the crypto Market will continue to move sideways or Trend lower until the end of the year however there appears to be one sector that's going to continue to attract Capital despite the economic contraction and that's artificial intelligence or AI in case you missed the memo open AI a company co-founded by Elon Musk recently released chat GPT and it has been taking the World by storm if you

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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