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Coin Bureau: BTC will rise to $100,000

Said on May 29, 2022, at 13:24 in the video.

What was said
Coin Bureau

@coinbureau

“if we extrapolate this trend to the next bitcoin halving in 2024 this means btc would pump by around 2 to 3x from whatever price it's at at the time of the halving which is anyone's guess my guess is that this will translate to a btc price that's slightly above 100k”
Watch at 13:24When Will The Crypto Bear Market End?! BEST Predictions!
PredictionBTCwill rise to $100,000by Dec 31, 2024
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$29,468

May 29, 2022

Price at close

$27,736

May 29, 2023

Return

−5.9%

BTC was $29,468 on May 29, 2022. The target was $100,000. Between then and May 29, 2023 the high was $32,399, so the level was not reached.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

Details and evidenceReport a problem

The window it was checked over

BTCWindow checkedTarget named
$0$20,000$40,000$60,000$80,000$100,000$120,000Nov 2021Mar 2022Jul 2022Nov 2022Mar 2023Jul 2023Target $100,000Said on May 29, 2022
$0$50,000$100,000$150,000Nov 2021Jun 2022Jan 2023Jul 2023Target $100,000Said on May 29, 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-PT v4Incorrect$29,468May 29, 2022$20,281Jun 28, 2022−31.2%—
90 daysR-PT v4Incorrect$29,468May 29, 2022$20,038Aug 27, 2022−32.0%—
180 daysR-PT v4Incorrect$29,468May 29, 2022$16,522Nov 25, 2022−43.9%—
1 yearR-PT v4Incorrect$29,468May 29, 2022$27,736May 29, 2023−5.9%—
3 yearsR-PT v4Correct$29,468May 29, 2022$107,782May 28, 2025+265.8%—
5 yearsR-PT v4Pending——May 28, 2027——
Stated deadlineR-PT v4Correct$29,468May 29, 2022$93,576Dec 31, 2024+217.6%—
Why: 30 days

BTC was $29,468 on May 29, 2022. The target was $100,000. Between then and Jun 28, 2022 the high was $32,399, so the level was not reached.

Why: 90 days

BTC was $29,468 on May 29, 2022. The target was $100,000. Between then and Aug 27, 2022 the high was $32,399, so the level was not reached.

Why: 180 days

BTC was $29,468 on May 29, 2022. The target was $100,000. Between then and Nov 25, 2022 the high was $32,399, so the level was not reached.

Why: 1 year

BTC was $29,468 on May 29, 2022. The target was $100,000. Between then and May 29, 2023 the high was $32,399, so the level was not reached.

Why: 3 years

BTC was $29,468 on May 29, 2022. The target was $100,000. Between then and May 28, 2025 the high was $111,980, so the level was reached.

Why: 5 years

Not yet resolved. The window closes May 28, 2027.

Why: Stated deadline

BTC was $29,468 on May 29, 2022. The target was $100,000. Between then and Dec 31, 2024 the high was $108,353, so the level was reached.

What was said around it

future price and the first is to look at how much btc pumped after each bitcoin halving in percentage terms after the first bitcoin halving in 2012 btc went up by around 100x after the second bitcoin halving in 2016 btc went up by around 30x after the third bitcoin halving in 2020 btc went up by around 8x now this admittedly small sample size suggests how much btc pumps in percentage terms after each bitcoin halving has gone down by a factor of three with each halving if we extrapolate this trend to the next bitcoin halving in 2024 this means btc would pump by around 2 to 3x from whatever price it's at at the time of the halving which is anyone's guess my guess is that this will translate to a btc price that's slightly above 100k and if btc's price is 33k or above when the next halving occurs then it's likely from the perspective of the first forecast the second forecast for btc's future price comes from its correlation with the stock market coincidentally previous bull markets for stocks have also resulted in 2 to 3x gains on average there's a possibility that btc could pump even more if the digital gold narrative manages to gain ground amongst institutional investors lots of experts have

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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