Coin Bureau: BTC will fall to $12,000

Said on Aug 30, 2022, at 20:16 in the video.

What was said
Coin Bureau

@coinbureau

“the lower bound on the weekly chart is between 10 and 12 k which is roughly where the btc bottom will be in our opinion”
Watch at 20:16Crypto News: ETH, ADA, Twitter, Jackson Hole, BlackRock & More!
PredictionBTCwill fall to $12,000Checked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$19,812

Aug 30, 2022

Price at close

$27,300

Aug 30, 2023

Return

+37.8%

BTC was $19,812 on Aug 30, 2022. The target was $12,000. Between then and Aug 30, 2023 the low was $15,476, so the level was not reached.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

The window it was checked over

BTCWindow checkedTarget named
$10,000$20,000$30,000$40,000$50,000Mar 2022Jul 2022Oct 2022Mar 2023Jun 2023Oct 2023Target $12,000Said on Aug 30, 2022
$10,000$20,000$30,000$40,000$50,000Mar 2022Sep 2022Apr 2023Oct 2023Target $12,000Said on Aug 30, 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$19,812Aug 30, 2022$19,592Sep 29, 2022−1.1%—
90 daysR-PT v4Incorrect$19,812Aug 30, 2022$16,213Nov 28, 2022−18.2%—
180 daysR-PT v4Incorrect$19,812Aug 30, 2022$23,555Feb 26, 2023+18.9%—
1 yearR-PT v4Incorrect$19,812Aug 30, 2022$27,300Aug 30, 2023+37.8%—
3 yearsR-PT v4Incorrect$19,812Aug 30, 2022$108,377Aug 29, 2025+447.0%—
5 yearsR-PT v4Pending——Aug 29, 2027——
Why: 30 days

BTC was $19,812 on Aug 30, 2022. The target was $12,000. Between then and Sep 29, 2022 the low was $18,126, so the level was not reached.

Why: 90 days

BTC was $19,812 on Aug 30, 2022. The target was $12,000. Between then and Nov 28, 2022 the low was $15,476, so the level was not reached.

Why: 180 days

BTC was $19,812 on Aug 30, 2022. The target was $12,000. Between then and Feb 26, 2023 the low was $15,476, so the level was not reached.

Why: 1 year

BTC was $19,812 on Aug 30, 2022. The target was $12,000. Between then and Aug 30, 2023 the low was $15,476, so the level was not reached.

Why: 3 years

BTC was $19,812 on Aug 30, 2022. The target was $12,000. Between then and Aug 29, 2025 the low was $15,476, so the level was not reached.

Why: 5 years

Not yet resolved. The window closes Aug 29, 2027.

What was said around it

could double early next year put simply it looks like there is a lot of pain ahead for both people and portfolios the silver lining is that the next 6 to 12 months will likely be the ideal buying opportunity for most assets including cryptocurrencies just make sure you have your bottom line covered before you buy any dips turning to the charts we can see that btc is struggling to hold that 20k level and indeed slipped below it yesterday the good news is that btc is approaching by the dip territory on the daily but the bad news is that the lower bound on the weekly chart is between 10 and 12 k which is roughly where the btc bottom will be in our opinion it's anyone's guess as to where we'll go from here and if you're subscribed to our weekly newsletter you'll already know what forward guidance we have in store on that front be sure to subscribe so you don't miss the next one coming out this sunday now last week's top performing cryptos were ecash chiles the huobi token synthetics and cosmos starting with ecash its xec coin appears to be pumping because of an upcoming upgrade called avalanche which is scheduled for the 14th of september funny how every crypto project is pushing updates

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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