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Andrei Jikh: BTC will fall to $10,000

Said on Jul 11, 2022, at 12:04 in the video.

What was said
Andrei Jikh

@andreijikh

“the theoretical price drop will probably be from today's current market value of 20 000 back down to a low of potentially in the 10 000 range”
Watch at 12:04The Wealth Transfer Just Started | How To Prepare
PredictionBTCwill fall to $10,000Checked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$19,964

Jul 11, 2022

Price at close

$30,622

Jul 11, 2023

Return

+53.4%

BTC was $19,964 on Jul 11, 2022. The target was $10,000. Between then and Jul 11, 2023 the low was $15,476, 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$10,000$20,000$30,000$40,000$50,000Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Target $10,000Said on Jul 11, 2022
$0$10,000$20,000$30,000$40,000$50,000Jan 2022Aug 2022Feb 2023Sep 2023Target $10,000Said on Jul 11, 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$19,964Jul 11, 2022$23,954Aug 10, 2022+20.0%—
90 daysR-PT v4Incorrect$19,964Jul 11, 2022$19,439Oct 9, 2022−2.6%—
180 daysR-PT v4Incorrect$19,964Jul 11, 2022$16,944Jan 7, 2023−15.1%—
1 yearR-PT v4Incorrect$19,964Jul 11, 2022$30,622Jul 11, 2023+53.4%—
3 yearsR-PT v4Incorrect$19,964Jul 11, 2022$116,010Jul 10, 2025+481.1%—
5 yearsR-PT v4Pending——Jul 10, 2027——
Why: 30 days

BTC was $19,964 on Jul 11, 2022. The target was $10,000. Between then and Aug 10, 2022 the low was $18,911, so the level was not reached.

Why: 90 days

BTC was $19,964 on Jul 11, 2022. The target was $10,000. Between then and Oct 9, 2022 the low was $18,126, so the level was not reached.

Why: 180 days

BTC was $19,964 on Jul 11, 2022. The target was $10,000. Between then and Jan 7, 2023 the low was $15,476, so the level was not reached.

Why: 1 year

BTC was $19,964 on Jul 11, 2022. The target was $10,000. Between then and Jul 11, 2023 the low was $15,476, so the level was not reached.

Why: 3 years

BTC was $19,964 on Jul 11, 2022. The target was $10,000. Between then and Jul 10, 2025 the low was $15,476, so the level was not reached.

Why: 5 years

Not yet resolved. The window closes Jul 10, 2027.

What was said around it

little bit before they tweeted so let's take a look at a rough time period around that time to compare you can see right here is where it starts on may 4th when bitcoin was 39 600 and then you see this really sharp drop to 28 900 by may 12th which i think is exactly where the luna foundation guard started selling their bitcoin now for easy math that's a price drop of roughly ten thousand dollars in the span of one week but that was with only 80 000 bitcoins sold not 137 000 bitcoins but then again not all 137 000 will be sold so the theoretical price drop will probably be from today's current market value of 20 000 back down to a low of potentially in the 10 000 range now that sounds terrifying but let me give you my personal thoughts i don't think bitcoin will fall that far and the reason is because number one the people that have held their coins since 2014 and mount gox have probably been following bitcoin's boom and bust cycles so they know that it doesn't make sense to sell bitcoin now when the price is so low they would rather wait but arguably the second and more important reason is because these creditors which are these people that are expecting their bitcoin have already sold off

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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