Coin Bureau: BTC will rise

The window it was checked over

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.

What was said around it

when you combine it with the price target of 2.5x from today there's just one caveat and that's that it's possible that the approval of the spot Bitcoin ETFs has changed btc's market dynamics many have argued that the ETFs have unlocked a previously untapped source of capital which could flow into BTC and take its price much higher than what many have in mind more importantly it's possible that these ETF flows will limit how much BTC will crash after the next cycle top is in for context BTC has historically Fallen by over 70% from top to bottom it's possible that this draw down will be much lower once more experienced hands start holding more BTC if it's not the ETFs that do it then buying by central banks could do the trick instead for reference central banks will be allowed to hold up to 2% of their balance sheets in crypto starting from the 1st of January 2025 the Central Bank of Switzerland actually noted in 2022 that it would be open to buying BTC someday and come to think of it it's quite possible that a big BTC buy by a major Central Bank will be the Catalyst that will Mark the top of btc's price alternatively it could Mark the beginning of the blowoff top phase of the crypt bull

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.