Coin Bureau: ETH will rise

Said on Jul 31, 2023, at 5:37 in the video.

What was said
Coin Bureau

@coinbureau

“ethereum and other outs could have some more wiggle room to rally and some institutions believe they will due to their supplies a higher correlation to tech stocks”
Watch at 5:37Crypto News: Worldcoin, Crypto Market Drop, ETH, BTC & MORE!!
PredictionETHwill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$1,856

Jul 31, 2023

Price at close

$3,279

Jul 30, 2024

Return

+76.7%

S&P 500 +20.1%

ETH closed at $1,856 on Jul 31, 2023. On Jul 30, 2024 it closed at $3,279, a return of +76.7%. SPY returned +20.1% over the same window. The call was that it would rise.

30 days

Incorrect

90 days

Incorrect

180 days

Correct

1 year

Correct

The window it was checked over

ETHWindow checked
$1,000$2,000$3,000$4,000$5,000Feb 2023Jun 2023Oct 2023Jan 2024May 2024Sep 2024Said on Jul 31, 2023
$1,000$2,000$3,000$4,000$5,000Feb 2023Aug 2023Mar 2024Sep 2024Said on Jul 31, 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$1,856Jul 31, 2023$1,705Aug 30, 2023−8.1%S&P 500 −1.5%
90 daysR-DIR v4Incorrect$1,856Jul 31, 2023$1,795Oct 29, 2023−3.3%S&P 500 −10.0%
180 daysR-DIR v4Correct$1,856Jul 31, 2023$2,268Jan 27, 2024+22.2%S&P 500 +7.3%
1 yearR-DIR v4Correct$1,856Jul 31, 2023$3,279Jul 30, 2024+76.7%S&P 500 +20.1%
3 yearsR-DIR v4Correct$1,856Jul 31, 2023$1,918Jul 30, 2026+3.3%S&P 500 +68.2%
5 yearsR-DIR v4Pending——Jul 29, 2028——
Why: 30 days

ETH closed at $1,856 on Jul 31, 2023. On Aug 30, 2023 it closed at $1,705, a return of −8.1%. SPY returned −1.5% over the same window. The call was that it would rise.

Why: 90 days

ETH closed at $1,856 on Jul 31, 2023. On Oct 29, 2023 it closed at $1,795, a return of −3.3%. SPY returned −10.0% over the same window. The call was that it would rise.

Why: 180 days

ETH closed at $1,856 on Jul 31, 2023. On Jan 27, 2024 it closed at $2,268, a return of +22.2%. SPY returned +7.3% over the same window. The call was that it would rise.

Why: 1 year

ETH closed at $1,856 on Jul 31, 2023. On Jul 30, 2024 it closed at $3,279, a return of +76.7%. SPY returned +20.1% over the same window. The call was that it would rise.

Why: 3 years

ETH closed at $1,856 on Jul 31, 2023. On Jul 30, 2026 it closed at $1,918, a return of +3.3%. SPY returned +68.2% over the same window. The call was that it would rise.

Why: 5 years

Not yet resolved. The window closes Jul 29, 2028.

What was said around it

reason why the recent ruling in the sec's ongoing lawsuit against Ripple has likely increased institutional confidence in altcoins given that trading on exchanges is now believed to be kosher if you watched our video about the ruling however you'll recall that it doesn't exactly protect other altcoins from the SEC scrutiny just xrp even then this assumes the SEC won't appeal the rulings which is reportedly looking more likely as the days go by of course this would be bad news for out until that does happen though ethereum and other outs could have some more wiggle room to rally and some institutions believe they will due to their supplies a higher correlation to tech stocks newsflash for all of us the NASDAQ has been on a ripping rally since the start of the year thanks to Ai and crypto has as well this supposed correlation would be easier to understand if ethereum's ecosystem wasn't riddled with numerous multi-billion dollar meme coins the largest of the lot is of course Shiba Inu with a market cap of almost 5 billion in sheep's defense is developed have been hard at work creating a brand new layer 2. on Friday Shiba in his devs deployed the task net for the bridge between the layer

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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