Coin Bureau: BTC will rise to $47,000

Said on Feb 5, 2024, at 3:31 in the video.

What was said
Coin Bureau

@coinbureau

“the path of most pain would be for a sudden rally to take place which could cause a short squeeze to 47k”
Watch at 3:31Crypto News: Bitcoin, ETH Upgrade, The Fed, USDT & MORE!!
PredictionBTCwill rise to $47,000Checked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$42,709

Feb 5, 2024

Price at close

$97,763

Feb 4, 2025

Return

+128.9%

BTC was $42,709 on Feb 5, 2024. The target was $47,000. Between then and Feb 4, 2025 the high was $109,588, so the level was reached.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Correct

The window it was checked over

BTCWindow checkedTarget named
$20,000$40,000$60,000$80,000$100,000$120,000Aug 2023Dec 2023Apr 2024Aug 2024Dec 2024Apr 2025Target $47,000Said on Feb 5, 2024
$20,000$40,000$60,000$80,000$100,000$120,000Aug 2023Feb 2024Sep 2024Apr 2025Target $47,000Said on Feb 5, 2024

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 v4Correct$42,709Feb 5, 2024$66,074Mar 6, 2024+54.7%—
90 daysR-PT v4Correct$42,709Feb 5, 2024$64,012May 5, 2024+49.9%—
180 daysR-PT v4Correct$42,709Feb 5, 2024$60,698Aug 3, 2024+42.1%—
1 yearR-PT v4Correct$42,709Feb 5, 2024$97,763Feb 4, 2025+128.9%—
3 yearsR-PT v4Pending——Feb 4, 2027——
5 yearsR-PT v4Pending——Feb 3, 2029——
Why: 30 days

BTC was $42,709 on Feb 5, 2024. The target was $47,000. Between then and Mar 6, 2024 the high was $69,000, so the level was reached.

Why: 90 days

BTC was $42,709 on Feb 5, 2024. The target was $47,000. Between then and May 5, 2024 the high was $73,777, so the level was reached.

Why: 180 days

BTC was $42,709 on Feb 5, 2024. The target was $47,000. Between then and Aug 3, 2024 the high was $73,777, so the level was reached.

Why: 1 year

BTC was $42,709 on Feb 5, 2024. The target was $47,000. Between then and Feb 4, 2025 the high was $109,588, so the level was reached.

Why: 3 years

Not yet resolved. The window closes Feb 4, 2027.

Why: 5 years

Not yet resolved. The window closes Feb 3, 2029.

What was said around it

weekly Market forecast the link is in the description now turning to the charts we can see that BTC continues to chop around a key level of 43k notably this level lies at the upper range of a channel that BTC has been trading in since early December although there have been multiple breaks above and below this channel there's been no firm breakout given that the width of this channel is around 3K this means that BTC could either break out to 47k or break down to around 37k given that many Traders appear to be expecting an imminent correction the path of most pain would be for a sudden rally to take place which could cause a short squeeze to 47k believe it or not but the Catalyst for this short squeeze could be Chinese New Year which will happen on Sunday it's possible that Traders will begin to price in a potential rally causing it to occur sooner now for context btc's price rallied significantly after the the start of Chinese New Year last year and if you want to maximize the rally or bet against this potential pump then check out the coin Bureau deals page it's got trading fee discounts of up to 60% on the best crypto exchanges and signup bonuses of up to $50,000 these deals will

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