Coin Bureau: ETH will fall

Said on Jun 12, 2023, at 4:13 in the video.

What was saidJun 12, 2023

@coinbureau

“however the eth BTC chart suggests that a Black Swan of some kind could be coming for ethereum too over the weekend East broke out of a huge ascending wedge against BTC on the daily chart eth also saw a bearish weekly close against BTC both signals suggest that we're about to”

Watch at 4:13Crypto News: SEC Crackdown, ETH Insiders Sell, Surprise Rate Hikes & More!

PredictionETHwill fallChecked at fixed windows, from 30 days to 5 years

What happenedafter 1 year

Incorrect

Entry price (first close after the video)

$1,743

Jun 12, 2023

Price at close

$3,497

Jun 11, 2024

Return

+100.7%

S&P 500 +25.6%

ETH closed at $1,743 on Jun 12, 2023. On Jun 11, 2024 it closed at $3,497, a return of +100.7%. SPY returned +25.6% over the same window. The call was that it would fall.

30 days

Incorrect

90 days

Correct

180 days

Incorrect

1 year

Incorrect

Details and evidence Report a problem

The window it was checked over

ETHWindow checked

ETH 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
Window	Result	At the start	At the end	Change	Benchmark
30 daysR-DIR v4	Incorrect	$1,743Jun 12, 2023	$1,872Jul 12, 2023	+7.4%	S&P 500 +3.2%
90 daysR-DIR v4	Correct	$1,743Jun 12, 2023	$1,617Sep 10, 2023	−7.2%	S&P 500 +3.1%
180 daysR-DIR v4	Incorrect	$1,743Jun 12, 2023	$2,340Dec 9, 2023	+34.3%	S&P 500 +6.9%
1 yearR-DIR v4	Incorrect	$1,743Jun 12, 2023	$3,497Jun 11, 2024	+100.7%	S&P 500 +25.6%
3 yearsR-DIR v4	Correct	$1,743Jun 12, 2023	$1,673Jun 11, 2026	−4.0%	S&P 500 +76.7%
5 yearsR-DIR v4	Pending	—	—Jun 10, 2028	—	—

Why: 30 days

ETH closed at $1,743 on Jun 12, 2023. On Jul 12, 2023 it closed at $1,872, a return of +7.4%. SPY returned +3.2% over the same window. The call was that it would fall.

Why: 90 days

ETH closed at $1,743 on Jun 12, 2023. On Sep 10, 2023 it closed at $1,617, a return of −7.2%. SPY returned +3.1% over the same window. The call was that it would fall.

Why: 180 days

ETH closed at $1,743 on Jun 12, 2023. On Dec 9, 2023 it closed at $2,340, a return of +34.3%. SPY returned +6.9% over the same window. The call was that it would fall.

Why: 1 year

ETH closed at $1,743 on Jun 12, 2023. On Jun 11, 2024 it closed at $3,497, a return of +100.7%. SPY returned +25.6% over the same window. The call was that it would fall.

Why: 3 years

ETH closed at $1,743 on Jun 12, 2023. On Jun 11, 2026 it closed at $1,673, a return of −4.0%. SPY returned +76.7% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Jun 10, 2028.

What was said around it

available to investors in the US for the foreseeable future via coinbase the de facto Crackdown on these so-called ethereum Killers could also be bullish for ethereum while there's been lots of talk about the rise in Bitcoin dominance because of the altcoin Crackdown it appears that ethereum dominance has been rising even faster this makes sense given that investors in these alternative layer ones likely see eth as the safe haven among the smart contract cryptos however the eth BTC chart suggests that a Black Swan of some kind could be coming for ethereum too over the weekend East broke out of a huge ascending wedge against BTC on the daily chart eth also saw a bearish weekly close against BTC both signals suggest that we're about to see some downside if you're subscribed to our Weekly Newsletter you'll know eth's sudden weakness could be due to concerns around what the Hinman documents will reveal for reference documents relating to former SEC director Bill hinman's 2018 speech about ethereum will reportedly be made public this Tuesday as reported by decrypt Bill's biography on the sec's website was recently scrubbed this has led to speculation that the regulator is getting ready to throw

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

See all

Coin BureauETHwill rise

“While none of us here have a crystal ball, the likely answer is that ETH finishes the year significantly higher than the sub $2,000 price we're seeing right now.”

Jul 30, 2026 · after 90 days

Correct so far · 90 days+23.0%

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“Conversely, City puts ETH at just $2,240 by the end of the year, citing US crypto legislation being slower than expected and zero expected ETF inflows.”

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“Standard Chartered thinks that ETH can hit $4,000 by year end, driven by Ethereum's dominance in stable coins and tokenized real world assets.”

Jul 30, 2026

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“Arthur Hayes is now openly predicting ETH falls out of the top three by 2030.”

Jun 7, 2026

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Coin BureauETHwill fall

“And to be blunt, ETH's price will probably underperform in future cycles, too.”