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Coin Bureau: BTC will rise

Said on Mar 13, 2024, at 14:51 in the video.

What was said
Coin Bureau

@coinbureau

“the introduction of the spot Bitcoin ETFs could have brought this cycle top forward to as soon as later this year”
Watch at 14:51Bitcoin Trading 101: The Only Guide You Need
PredictionBTCwill riseby Dec 31, 2024
What happenedafter 1 year
Correct

Entry price (first close after the video)

$73,072

Mar 13, 2024

Price at close

$81,116

Mar 13, 2025

Return

+11.0%

S&P 500 +8.2%

BTC closed at $73,072 on Mar 13, 2024. On Mar 13, 2025 it closed at $81,116, a return of +11.0%. SPY returned +8.2% over the same window. The call was that it would rise.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Correct

Details and evidenceReport a problem

The window it was checked over

BTCWindow checked
$20,000$40,000$60,000$80,000$100,000$120,000Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Said on Mar 13, 2024
$20,000$40,000$60,000$80,000$100,000$120,000Sep 2023Apr 2024Oct 2024May 2025Said on Mar 13, 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-DIR v4Incorrect$73,072Mar 13, 2024$67,117Apr 12, 2024−8.2%S&P 500 −0.7%
90 daysR-DIR v4Incorrect$73,072Mar 13, 2024$67,314Jun 11, 2024−7.9%S&P 500 +4.4%
180 daysR-DIR v4Incorrect$73,072Mar 13, 2024$57,042Sep 9, 2024−21.9%S&P 500 +6.6%
1 yearR-DIR v4Correct$73,072Mar 13, 2024$81,116Mar 13, 2025+11.0%S&P 500 +8.2%
3 yearsR-DIR v4Pending——Mar 13, 2027——
5 yearsR-DIR v4Pending——Mar 12, 2029——
Stated deadlineR-DIR v4Correct$73,072Mar 13, 2024$93,576Dec 31, 2024+28.1%S&P 500 +15.0%
Why: 30 days

BTC closed at $73,072 on Mar 13, 2024. On Apr 12, 2024 it closed at $67,117, a return of −8.2%. SPY returned −0.7% over the same window. The call was that it would rise.

Why: 90 days

BTC closed at $73,072 on Mar 13, 2024. On Jun 11, 2024 it closed at $67,314, a return of −7.9%. SPY returned +4.4% over the same window. The call was that it would rise.

Why: 180 days

BTC closed at $73,072 on Mar 13, 2024. On Sep 9, 2024 it closed at $57,042, a return of −21.9%. SPY returned +6.6% over the same window. The call was that it would rise.

Why: 1 year

BTC closed at $73,072 on Mar 13, 2024. On Mar 13, 2025 it closed at $81,116, a return of +11.0%. SPY returned +8.2% over the same window. The call was that it would rise.

Why: 3 years

Not yet resolved. The window closes Mar 13, 2027.

Why: 5 years

Not yet resolved. The window closes Mar 12, 2029.

Why: Stated deadline

BTC closed at $73,072 on Mar 13, 2024. On Dec 31, 2024 it closed at $93,576, a return of +28.1%. SPY returned +15.0% over the same window. The call was that it would rise.

What was said around it

top could be around $180,000 or even slightly higher this is based on a combination of btc's diminishing returns over time plus the possibility that the cumulative 40% inflation we saw during the pandemic due due to all the money printing means that you need to add 40% to btc's non-inflation adjusted price btc's non-inflation adjusted cycle top would be around 120k the bigger question however is when btc's cycle top will take place previous Cycles suggest that it should occur somewhere between April and October next year the thing is that the introduction of the spot Bitcoin ETFs could have brought this cycle top forward to as soon as later this year this underscores the importance of sentiment analysis in this equation chances are that the cycle top will happen around some event that is so bullish that it causes everyone to buy BTC we suspect that this Catalyst could be a major Central Bank buying BTC something that they will be allowed to do starting in 2025 and you can learn more about that using the link in the description moving on now by the same token local tops are likely to be marked by bullish events that cause people to buy BTC the difference is that these catalysts are unlikely

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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