Coin Bureau: BTC will fall

Said on Jun 6, 2022, at 18:52 in the video.

What was said
Coin Bureau

@coinbureau

“we're likely to see another year or two of price declines as this is consistent with the length of previous crypto bear markets so it wouldn't surprise me if btc heads lower from here as the weeks go on”
Watch at 18:52Crypto News: Solana Outage, ADA Rally, SHIB, Optimism & MORE!!
PredictionBTCwill fallChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$31,373

Jun 6, 2022

Price at close

$27,230

Jun 6, 2023

Return

−13.2%

S&P 500 +5.7%

BTC closed at $31,373 on Jun 6, 2022. On Jun 6, 2023 it closed at $27,230, a return of −13.2%. SPY returned +5.7% over the same window. The call was that it would fall.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Correct

The window it was checked over

BTCWindow checked
$10,000$20,000$30,000$40,000$50,000$60,000Dec 2021Apr 2022Aug 2022Dec 2022Apr 2023Aug 2023Said on Jun 6, 2022
$10,000$20,000$30,000$40,000$50,000$60,000Dec 2021Jun 2022Jan 2023Aug 2023Said on Jun 6, 2022

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 v4Correct$31,373Jun 6, 2022$20,565Jul 6, 2022−34.5%S&P 500 −6.5%
90 daysR-DIR v4Correct$31,373Jun 6, 2022$20,000Sep 4, 2022−36.3%S&P 500 −4.3%
180 daysR-DIR v4Correct$31,373Jun 6, 2022$16,885Dec 3, 2022−46.2%S&P 500 −0.4%
1 yearR-DIR v4Correct$31,373Jun 6, 2022$27,230Jun 6, 2023−13.2%S&P 500 +5.7%
3 yearsR-DIR v4Incorrect$31,373Jun 6, 2022$101,509Jun 5, 2025+223.6%S&P 500 +50.5%
5 yearsR-DIR v4Pending——Jun 5, 2027——
Why: 30 days

BTC closed at $31,373 on Jun 6, 2022. On Jul 6, 2022 it closed at $20,565, a return of −34.5%. SPY returned −6.5% over the same window. The call was that it would fall.

Why: 90 days

BTC closed at $31,373 on Jun 6, 2022. On Sep 4, 2022 it closed at $20,000, a return of −36.3%. SPY returned −4.3% over the same window. The call was that it would fall.

Why: 180 days

BTC closed at $31,373 on Jun 6, 2022. On Dec 3, 2022 it closed at $16,885, a return of −46.2%. SPY returned −0.4% over the same window. The call was that it would fall.

Why: 1 year

BTC closed at $31,373 on Jun 6, 2022. On Jun 6, 2023 it closed at $27,230, a return of −13.2%. SPY returned +5.7% over the same window. The call was that it would fall.

Why: 3 years

BTC closed at $31,373 on Jun 6, 2022. On Jun 5, 2025 it closed at $101,509, a return of +223.6%. SPY returned +50.5% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Jun 5, 2027.

What was said around it

the sudden rally that was cut short by macro factors like the war in ukraine and jobs data in the united states btc continues to hold strong at around 29k and there are conflicting opinions as to whether this is a good or bad thing some say that lingering around this support level makes it stronger whereas others contend this constitutes a constant test of this support which could lead to a break to the downside as i mentioned in last week's video about how long the crypto bear market could last we're likely to see another year or two of price declines as this is consistent with the length of previous crypto bear markets so it wouldn't surprise me if btc heads lower from here as the weeks go on in any case last week's top performing cryptos were waves helium cardano stella and the graph an interesting combination to say the least starting with waves the waves coin seems to be pumping on the news that the waves team and community are working to rebuild its defy ecosystem after the temporary depending of its own usdn decentralized stablecoin which let's just say is similar to ust unfortunately for waves its massive rally is barely visible on its long-term price chart and that's all because

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