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Coin Bureau: BTC will fall

Said on Jul 17, 2023, at 4:20 in the video.

What was said
Coin Bureau

@coinbureau

“btc's daily chart suggests we could be in for some short-term pain”
Watch at 4:20Crypto News: XRP Win, BTC Price, ETH, Binance FUD & MORE!!
PredictionBTCwill fallChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$30,138

Jul 17, 2023

Price at close

$65,044

Jul 16, 2024

Return

+115.8%

S&P 500 +27.0%

BTC closed at $30,138 on Jul 17, 2023. On Jul 16, 2024 it closed at $65,044, a return of +115.8%. SPY returned +27.0% over the same window. The call was that it would fall.

30 days

Correct

90 days

Correct

180 days

Incorrect

1 year

Incorrect

Details and evidenceReport a problem

The window it was checked over

BTCWindow checked
$10,000$20,000$30,000$40,000$50,000$60,000$70,000$80,000Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Said on Jul 17, 2023
$0$20,000$40,000$60,000$80,000Jan 2023Aug 2023Feb 2024Sep 2024Said on Jul 17, 2023

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$30,138Jul 17, 2023$28,731Aug 16, 2023−4.7%S&P 500 −2.5%
90 daysR-DIR v4Correct$30,138Jul 17, 2023$27,154Oct 15, 2023−9.9%S&P 500 −4.0%
180 daysR-DIR v4Incorrect$30,138Jul 17, 2023$42,848Jan 13, 2024+42.2%S&P 500 +6.5%
1 yearR-DIR v4Incorrect$30,138Jul 17, 2023$65,044Jul 16, 2024+115.8%S&P 500 +27.0%
3 yearsR-DIR v4Incorrect$30,138Jul 17, 2023$63,830Jul 16, 2026+111.8%S&P 500 +72.8%
5 yearsR-DIR v4Pending——Jul 15, 2028——
Why: 30 days

BTC closed at $30,138 on Jul 17, 2023. On Aug 16, 2023 it closed at $28,731, a return of −4.7%. SPY returned −2.5% over the same window. The call was that it would fall.

Why: 90 days

BTC closed at $30,138 on Jul 17, 2023. On Oct 15, 2023 it closed at $27,154, a return of −9.9%. SPY returned −4.0% over the same window. The call was that it would fall.

Why: 180 days

BTC closed at $30,138 on Jul 17, 2023. On Jan 13, 2024 it closed at $42,848, a return of +42.2%. SPY returned +6.5% over the same window. The call was that it would fall.

Why: 1 year

BTC closed at $30,138 on Jul 17, 2023. On Jul 16, 2024 it closed at $65,044, a return of +115.8%. SPY returned +27.0% over the same window. The call was that it would fall.

Why: 3 years

BTC closed at $30,138 on Jul 17, 2023. On Jul 16, 2026 it closed at $63,830, a return of +111.8%. SPY returned +72.8% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Jul 15, 2028.

What was said around it

BTC sales by the US government some of you may have seen the headlines that it had moved 10 000 BTC presumably to sell the last time this happened was back in March and crypto crashed shortly afterwards consider that 10 000 BTC had been sent to coinbase in March this is another topic that we'll be tackling later this week so be sure to keep your eyes peeled for that as well now the good news is that the crypto Market retained most of its gains despite the subsequent flash crash the bad news is that there's still no shortage of catalysts that could take it lower btc's daily chart suggests we could be in for some short-term pain but again we'll come back to that later for now though let's turn our Focus to ethereum eth managed to push past 2K last week and if you're subscribed to our Weekly Newsletter you'll know this could be a sign that the crypto Market is headed higher in the short term be sure to sign up so you don't miss our forward guidance Link in description anyways it's easy to understand why eth had such an impressive pump when you realized that the riffle Victory wasn't the only positive Catalyst for its price for starters ethereum surpassed a milestone of 20 of each Supply

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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