Coin Bureau: BTC will rise

Said on Jun 27, 2023, at 11:18 in the video.

What was said
Coin Bureau

@coinbureau

“the main streaming of Bitcoin through these institutional investors will likely lead to a great deal of buying pressure which would of course be positive for btc's Price holding all else equal”
Watch at 11:18Blackrock Bitcoin ETF!! BTC New All Time High Next!?
PredictionBTCwill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$30,692

Jun 27, 2023

Price at close

$60,865

Jun 26, 2024

Return

+98.3%

S&P 500 +26.8%

BTC closed at $30,692 on Jun 27, 2023. On Jun 26, 2024 it closed at $60,865, a return of +98.3%. SPY returned +26.8% 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

BTCWindow checked
$0$20,000$40,000$60,000$80,000Dec 2022Apr 2023Aug 2023Dec 2023Apr 2024Aug 2024Said on Jun 27, 2023
$0$20,000$40,000$60,000$80,000Dec 2022Jul 2023Feb 2024Aug 2024Said on Jun 27, 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 v4Incorrect$30,692Jun 27, 2023$29,223Jul 27, 2023−4.8%S&P 500 +3.7%
90 daysR-DIR v4Incorrect$30,692Jun 27, 2023$26,305Sep 25, 2023−14.3%S&P 500 −0.6%
180 daysR-DIR v4Correct$30,692Jun 27, 2023$42,992Dec 24, 2023+40.1%S&P 500 +9.4%
1 yearR-DIR v4Correct$30,692Jun 27, 2023$60,865Jun 26, 2024+98.3%S&P 500 +26.8%
3 yearsR-DIR v4Correct$30,692Jun 27, 2023$60,097Jun 26, 2026+95.8%S&P 500 +73.5%
5 yearsR-DIR v4Pending——Jun 25, 2028——
Why: 30 days

BTC closed at $30,692 on Jun 27, 2023. On Jul 27, 2023 it closed at $29,223, a return of −4.8%. SPY returned +3.7% over the same window. The call was that it would rise.

Why: 90 days

BTC closed at $30,692 on Jun 27, 2023. On Sep 25, 2023 it closed at $26,305, a return of −14.3%. SPY returned −0.6% over the same window. The call was that it would rise.

Why: 180 days

BTC closed at $30,692 on Jun 27, 2023. On Dec 24, 2023 it closed at $42,992, a return of +40.1%. SPY returned +9.4% over the same window. The call was that it would rise.

Why: 1 year

BTC closed at $30,692 on Jun 27, 2023. On Jun 26, 2024 it closed at $60,865, a return of +98.3%. SPY returned +26.8% over the same window. The call was that it would rise.

Why: 3 years

BTC closed at $30,692 on Jun 27, 2023. On Jun 26, 2026 it closed at $60,097, a return of +95.8%. SPY returned +73.5% over the same window. The call was that it would rise.

Why: 5 years

Not yet resolved. The window closes Jun 25, 2028.

What was said around it

approves blackrock's filing it will likely approve other similar filings given that blackrocks could theoretically serve as a blueprint note blackrock's application has also caused a flurry of activity from other companies Invesco and Wisdom Tree renewed their ETF applications in the wake of blackrock's filing while Fidelity has entered into the crypto Marketplace business with the aforementioned launch of edx markets and of course its Futures ETF other Wall Street names are also embracing cryptocurrencies the main streaming of Bitcoin through these institutional investors will likely lead to a great deal of buying pressure which would of course be positive for btc's Price holding all else equal indeed if you look at precedent the approval of Fidelity's Bitcoin Futures ETF marked the top of the 2021 Bull Run and brought in a record-setting billion dollars in two days the launch of Bitcoin Futures on the Chicago Mercantile Exchange CME also marked the top back in 2017. ah memories of course this time around we're in a bear market and it's perhaps unlikely we'll see such a flood of inflows but it's still hard to see a bearish outcome if BlackRock does get the thumbs up but what if blackrock's

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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