Coin Bureau: ETH will fall

Said on Sep 25, 2023, at 9:11 in the video.

What was said
Coin Bureau

@coinbureau

“given these facts it's possible that eth will continue to decline for the next six months or so the Silver Lining is that this presents an accumulation opportunity”
Watch at 9:11Crypto News: Ethereum, Tether FUD, Coinbase, BASE & MORE!!
PredictionETHwill fallby Mar 23, 2024
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$1,588

Sep 25, 2023

Price at close

$2,653

Sep 24, 2024

Return

+67.0%

S&P 500 +34.0%

ETH closed at $1,588 on Sep 25, 2023. On Sep 24, 2024 it closed at $2,653, a return of +67.0%. SPY returned +34.0% over the same window. The call was that it would fall.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

The window it was checked over

ETHWindow checked
$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500Mar 2023Jul 2023Nov 2023Mar 2024Jul 2024Nov 2024Said on Sep 25, 2023
$1,000$2,000$3,000$4,000$5,000Mar 2023Oct 2023May 2024Nov 2024Said on Sep 25, 2023

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-DIR v4Incorrect$1,588Sep 25, 2023$1,787Oct 25, 2023+12.5%S&P 500 −3.4%
90 daysR-DIR v4Incorrect$1,588Sep 25, 2023$2,264Dec 24, 2023+42.5%S&P 500 +10.0%
180 daysR-DIR v4Incorrect$1,588Sep 25, 2023$3,330Mar 23, 2024+109.6%S&P 500 +21.5%
1 yearR-DIR v4Incorrect$1,588Sep 25, 2023$2,653Sep 24, 2024+67.0%S&P 500 +34.0%
3 yearsR-DIR v4Incorrect$1,588Sep 25, 2023$2,688Sep 24, 2026+69.2%S&P 500 +84.0%
5 yearsR-DIR v4Pending——Sep 23, 2028——
Stated deadlineR-DIR v4Incorrect$1,588Sep 25, 2023$3,330Mar 23, 2024+109.6%S&P 500 +21.5%
Why: 30 days

ETH closed at $1,588 on Sep 25, 2023. On Oct 25, 2023 it closed at $1,787, a return of +12.5%. SPY returned −3.4% over the same window. The call was that it would fall.

Why: 90 days

ETH closed at $1,588 on Sep 25, 2023. On Dec 24, 2023 it closed at $2,264, a return of +42.5%. SPY returned +10.0% over the same window. The call was that it would fall.

Why: 180 days

ETH closed at $1,588 on Sep 25, 2023. On Mar 23, 2024 it closed at $3,330, a return of +109.6%. SPY returned +21.5% over the same window. The call was that it would fall.

Why: 1 year

ETH closed at $1,588 on Sep 25, 2023. On Sep 24, 2024 it closed at $2,653, a return of +67.0%. SPY returned +34.0% over the same window. The call was that it would fall.

Why: 3 years

ETH closed at $1,588 on Sep 25, 2023. On Sep 24, 2026 it closed at $2,688, a return of +69.2%. SPY returned +84.0% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Sep 23, 2028.

Why: Stated deadline

ETH closed at $1,588 on Sep 25, 2023. On Mar 23, 2024 it closed at $3,330, a return of +109.6%. SPY returned +21.5% over the same window. The call was that it would fall.

What was said around it

it suggests these flows will accelerate if bond yields keep Rising if this is the case then eth could continue to see weakness until bond yields start to fall and bond yields probably won't start to fall until there's a recession of some kind right now most investors aren't pricing in a recession but the few who are believe it could happen later this year or early next year early next year is when the next Bitcoin halving is expected to occur and roughly when Bitcoin dominance is expected to start declining again given these facts it's possible that eth will continue to decline for the next six months or so the Silver Lining is that this presents an accumulation opportunity but back to bitcoin a recent report by Arkham intelligence suggests that crypto exchange coinbase holds around five percent of the BTC in existence to put things into perspective that's roughly 1 million BTC which is worth around 25 billion dollars coinbase itself owns around 10 000 BTC worth 200 million dollars now this news comes hot on the heels of another big milestone for coinbase bass it's recently launched layer 2 for ethereum now holds more total value locked than Solana according to l2beat Bass has also

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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