Coin Bureau: ETH will fall to $3,400

Said on Mar 11, 2024, at 5:17 in the video.

What was said
Coin Bureau

@coinbureau

“a correction in eth's case could take it down to around 3.4k but remember that leverage long liquidations could take it lower still”
Watch at 5:17Crypto News: All Time High, BTC, ETH, NVIDIA, Memecoins & MORE!!
PredictionETHwill fall to $3,400Checked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$4,065

Mar 11, 2024

Price at close

$1,923

Mar 11, 2025

Return

−52.7%

ETH was $4,065 on Mar 11, 2024. The target was $3,400. Between then and Mar 11, 2025 the low was $1,754, so the level was reached.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Correct

The window it was checked over

ETHWindow checkedTarget named
$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Target $3,400Said on Mar 11, 2024
$1,000$2,000$3,000$4,000$5,000Sep 2023Apr 2024Oct 2024May 2025Target $3,400Said on Mar 11, 2024

ETH 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-PT v4Correct$4,065Mar 11, 2024$3,546Apr 10, 2024−12.8%—
90 daysR-PT v4Correct$4,065Mar 11, 2024$3,706Jun 9, 2024−8.8%—
180 daysR-PT v4Correct$4,065Mar 11, 2024$2,274Sep 7, 2024−44.1%—
1 yearR-PT v4Correct$4,065Mar 11, 2024$1,923Mar 11, 2025−52.7%—
3 yearsR-PT v4Pending——Mar 11, 2027——
5 yearsR-PT v4Pending——Mar 10, 2029——
Why: 30 days

ETH was $4,065 on Mar 11, 2024. The target was $3,400. Between then and Apr 10, 2024 the low was $3,057, so the level was reached.

Why: 90 days

ETH was $4,065 on Mar 11, 2024. The target was $3,400. Between then and Jun 9, 2024 the low was $2,817, so the level was reached.

Why: 180 days

ETH was $4,065 on Mar 11, 2024. The target was $3,400. Between then and Sep 7, 2024 the low was $2,111, so the level was reached.

Why: 1 year

ETH was $4,065 on Mar 11, 2024. The target was $3,400. Between then and Mar 11, 2025 the low was $1,754, so the level was reached.

Why: 3 years

Not yet resolved. The window closes Mar 11, 2027.

Why: 5 years

Not yet resolved. The window closes Mar 10, 2029.

What was said around it

take advantage of them ASAP using the link in the description now btc's massive rally has managed to lift pretty much all altcoins despite the relative lack of capital rotation as the largest altcoin eth has been the biggest recipient of these rot ational flows and it managed to hit $4,000 last week for reference the last time eth hit 4K was over 2 years ago time flies anyways turning to the charts you can see that eth is looking similarly overextended to BTC on The Daily and also appears to be painting an ascending wedge pattern a correction in eth's case could take it down to around 3.4k but remember that leverage long liquidations could take it lower still in fact it's possible eth could surprise to the downside if there is a correction that's because eth BTC is looking very weak on The Daily this is surprising given that ethereum's denune upgrade is just two days away and it begs the question of why we're not seeing more eth strength besides the fact that the biggest beneficiaries of denune will be ethereum's layer 2os it's possible that there are concerns around potential technical issues too if you watched our previous ethereum updates you'll know that quite a few technical issues

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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