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Coin Bureau: BTC will rise

Said on Feb 21, 2022, at 7:06 in the video.

What was said
Coin Bureau

@coinbureau

“hashrate has historically correlated with price and though this correlation isn't all that clear right now it could foreshadow a sudden rally in the coming weeks”
Watch at 7:06Crypto News: ETH, BTC, Bank Freezes, Opensea & More!!
PredictionBTCwill riseby Mar 14, 2022
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$37,008

Feb 21, 2022

Price at close

$24,452

Feb 21, 2023

Return

−33.9%

S&P 500 −5.6%

BTC closed at $37,008 on Feb 21, 2022. On Feb 21, 2023 it closed at $24,452, a return of −33.9%. SPY returned −5.6% over the same window. The call was that it would rise.

30 days

Correct

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

Details and evidenceReport a problem

The window it was checked over

BTCWindow checked
$10,000$20,000$30,000$40,000$50,000$60,000$70,000Aug 2021Dec 2021Apr 2022Aug 2022Dec 2022Apr 2023Said on Feb 21, 2022
$0$20,000$40,000$60,000$80,000Aug 2021Mar 2022Oct 2022Apr 2023Said on Feb 21, 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$37,008Feb 21, 2022$42,883Mar 23, 2022+15.9%S&P 500 +3.6%
90 daysR-DIR v4Incorrect$37,008Feb 21, 2022$30,294May 22, 2022−18.1%S&P 500 −9.0%
180 daysR-DIR v4Incorrect$37,008Feb 21, 2022$21,140Aug 20, 2022−42.9%S&P 500 −1.0%
1 yearR-DIR v4Incorrect$37,008Feb 21, 2022$24,452Feb 21, 2023−33.9%S&P 500 −5.6%
3 yearsR-DIR v4Correct$37,008Feb 21, 2022$98,305Feb 20, 2025+165.6%S&P 500 +48.5%
5 yearsR-DIR v4Pending——Feb 20, 2027——
Stated deadlineR-DIR v4Correct$37,008Feb 21, 2022$39,671Mar 14, 2022+7.2%S&P 500 −2.9%
Why: 30 days

BTC closed at $37,008 on Feb 21, 2022. On Mar 23, 2022 it closed at $42,883, a return of +15.9%. SPY returned +3.6% over the same window. The call was that it would rise.

Why: 90 days

BTC closed at $37,008 on Feb 21, 2022. On May 22, 2022 it closed at $30,294, a return of −18.1%. SPY returned −9.0% over the same window. The call was that it would rise.

Why: 180 days

BTC closed at $37,008 on Feb 21, 2022. On Aug 20, 2022 it closed at $21,140, a return of −42.9%. SPY returned −1.0% over the same window. The call was that it would rise.

Why: 1 year

BTC closed at $37,008 on Feb 21, 2022. On Feb 21, 2023 it closed at $24,452, a return of −33.9%. SPY returned −5.6% over the same window. The call was that it would rise.

Why: 3 years

BTC closed at $37,008 on Feb 21, 2022. On Feb 20, 2025 it closed at $98,305, a return of +165.6%. SPY returned +48.5% over the same window. The call was that it would rise.

Why: 5 years

Not yet resolved. The window closes Feb 20, 2027.

Why: Stated deadline

BTC closed at $37,008 on Feb 21, 2022. On Mar 14, 2022 it closed at $39,671, a return of +7.2%. SPY returned −2.9% over the same window. The call was that it would rise.

What was said around it

and there's lots of data to back up his claims for example ethereum cryptocurrency funds saw inflows for the first time in almost three months last week and on friday canada's leading bitcoin etf saw its second largest day of inflows since its inception there's more evidence to be found on chain as well despite the recent crypto market dip bitcoin's hash rate continues to hit new all-time highs for those unfamiliar hashrate is essentially a measure of how much computing power is connected to the bitcoin blockchain hashrate has historically correlated with price and though this correlation isn't all that clear right now it could foreshadow a sudden rally in the coming weeks as for ethereum the number of ethereum wallets holding more than 0.1 eth recently hit another all-time high and as you can see it's showing no signs of slowing down this is significant because 0.1 eth isn't an insignificant amount of money the fact that 7 million wallets are holding more than 0.1 eth suggests that ethereum's adoption continues regardless of price action this adoption has been facilitated by the lowest ethereum gas fees we've seen in six months which might be a contrarian indicator because low gas

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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