Coin Bureau: BTC will fall

Said on Jul 28, 2024, at 17:54 in the video.

What was said
Coin Bureau

@coinbureau

“it goes without saying that any government holding seized crypto including those not mentioned in today's video is likely to sell at some point depending on the government in question this could suppress the markets in much the same way as we've seen with the recent sales from the German government”
Watch at 17:54Governments Selling Bitcoin!? What Does It Mean For BTC!?
PredictionBTCwill fallChecked at fixed windows, from 30 days to 5 years

Recorded as crypto, 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)

$68,250

Jul 28, 2024

Price at close

$118,062

Jul 28, 2025

Return

+73.0%

S&P 500 +18.4%

BTC closed at $68,250 on Jul 28, 2024. On Jul 28, 2025 it closed at $118,062, a return of +73.0%. SPY returned +18.4% over the same window. The call was that it would fall.

30 days

Correct

90 days

Correct

180 days

Incorrect

1 year

Incorrect

The window it was checked over

BTCWindow checked
$20,000$40,000$60,000$80,000$100,000$120,000$140,000Jan 2024May 2024Sep 2024Jan 2025May 2025Sep 2025Said on Jul 28, 2024
$20,000$40,000$60,000$80,000$100,000$120,000$140,000Jan 2024Aug 2024Mar 2025Sep 2025Said on Jul 28, 2024

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$68,250Jul 28, 2024$59,415Aug 27, 2024−12.9%S&P 500 +3.1%
90 daysR-DIR v4Correct$68,250Jul 28, 2024$67,093Oct 26, 2024−1.7%S&P 500 +6.6%
180 daysR-DIR v4Incorrect$68,250Jul 28, 2024$104,871Jan 24, 2025+53.7%S&P 500 +12.3%
1 yearR-DIR v4Incorrect$68,250Jul 28, 2024$118,062Jul 28, 2025+73.0%S&P 500 +18.4%
3 yearsR-DIR v4Pending——Jul 28, 2027——
5 yearsR-DIR v4Pending——Jul 27, 2029——
Why: 30 days

BTC closed at $68,250 on Jul 28, 2024. On Aug 27, 2024 it closed at $59,415, a return of −12.9%. SPY returned +3.1% over the same window. The call was that it would fall.

Why: 90 days

BTC closed at $68,250 on Jul 28, 2024. On Oct 26, 2024 it closed at $67,093, a return of −1.7%. SPY returned +6.6% over the same window. The call was that it would fall.

Why: 180 days

BTC closed at $68,250 on Jul 28, 2024. On Jan 24, 2025 it closed at $104,871, a return of +53.7%. SPY returned +12.3% over the same window. The call was that it would fall.

Why: 1 year

BTC closed at $68,250 on Jul 28, 2024. On Jul 28, 2025 it closed at $118,062, a return of +73.0%. SPY returned +18.4% over the same window. The call was that it would fall.

Why: 3 years

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

Why: 5 years

Not yet resolved. The window closes Jul 27, 2029.

What was said around it

well I digress anyway this mining rig would have lost more money than it gained had it not been for the illegal miners manipulation of electricity meters to steal the power they needed this stolen electricity was estimated to be worth between 180 and $260,000 and its theft had the potential to cause electrical shortages for an entire city now all of this begs the question of how this will affect the crypto Market in the coming weeks and months well it goes without saying that any government holding seized crypto including those not mentioned in today's video is likely to sell at some point depending on the government in question this could suppress the markets in much the same way as we've seen with the recent sales from the German government that said there's always the chance that some of these governments could opt for keeping their crypto Holdings as a reserve to prop up their local Fiat currencies if you watched our recent video about when governments could start buying BTC you'll know that BTC in particular holds several key advant ages that could make it the ideal currency reserve and of course you can learn more about that by following the link in the description below regardless

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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