Coin Bureau: ETH will fall

Said on Sep 4, 2023, at 6:12 in the video.

What was said
Coin Bureau

@coinbureau

“eth recently experienced a death cross on the daily this happens when the 50-day moving average crosses over the 200-day moving average from above and it suggests that lower east prices are imminent”
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PredictionETHwill fallChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$1,631

Sep 4, 2023

Price at close

$2,425

Sep 3, 2024

Return

+48.7%

S&P 500 +24.6%

ETH closed at $1,631 on Sep 4, 2023. On Sep 3, 2024 it closed at $2,425, a return of +48.7%. SPY returned +24.6% over the same window. The call was that it would fall.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

The window it was checked over

ETHWindow checked
$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500Mar 2023Jul 2023Nov 2023Mar 2024Jul 2024Nov 2024Said on Sep 4, 2023
$1,000$2,000$3,000$4,000$5,000Mar 2023Sep 2023Apr 2024Nov 2024Said on Sep 4, 2023

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
WindowResultAt the startAt the endChangeBenchmark
30 daysR-DIR v4Incorrect$1,631Sep 4, 2023$1,647Oct 4, 2023+1.0%S&P 500 −5.1%
90 daysR-DIR v4Incorrect$1,631Sep 4, 2023$2,193Dec 3, 2023+34.5%S&P 500 +2.6%
180 daysR-DIR v4Incorrect$1,631Sep 4, 2023$3,421Mar 2, 2024+109.8%S&P 500 +15.0%
1 yearR-DIR v4Incorrect$1,631Sep 4, 2023$2,425Sep 3, 2024+48.7%S&P 500 +24.6%
3 yearsR-DIR v4Incorrect$1,631Sep 4, 2023$2,508Sep 3, 2026+53.8%S&P 500 +78.6%
5 yearsR-DIR v4Pending——Sep 2, 2028——
Why: 30 days

ETH closed at $1,631 on Sep 4, 2023. On Oct 4, 2023 it closed at $1,647, a return of +1.0%. SPY returned −5.1% over the same window. The call was that it would fall.

Why: 90 days

ETH closed at $1,631 on Sep 4, 2023. On Dec 3, 2023 it closed at $2,193, a return of +34.5%. SPY returned +2.6% over the same window. The call was that it would fall.

Why: 180 days

ETH closed at $1,631 on Sep 4, 2023. On Mar 2, 2024 it closed at $3,421, a return of +109.8%. SPY returned +15.0% over the same window. The call was that it would fall.

Why: 1 year

ETH closed at $1,631 on Sep 4, 2023. On Sep 3, 2024 it closed at $2,425, a return of +48.7%. SPY returned +24.6% over the same window. The call was that it would fall.

Why: 3 years

ETH closed at $1,631 on Sep 4, 2023. On Sep 3, 2026 it closed at $2,508, a return of +53.8%. SPY returned +78.6% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Sep 2, 2028.

What was said around it

cost of mining BTC is currently around 23k if BTC breaks below this level many miners could become forced sellers to stay solvent speaking of which if you're subscribed to our Weekly Newsletter you'll know that every September has been a red month for BTC since 2016 and you'll know exactly what we think is coming next so be sure to subscribe to that newsletter so you don't miss next week's crypto Market forecast anyways eth's price action paints a similarly concerning picture as reported by coindesk eth recently experienced a death cross on the daily this happens when the 50-day moving average crosses over the 200-day moving average from above and it suggests that lower east prices are imminent to put things into perspective the last time eth experienced a death cross was in January 2022 if you watched our video about the debt ceiling deal you'll know that January 2022 was also when the treasury started refilling its bank account at the Fed eth's price fell 70 in the months that followed in case you missed the news the debt ceiling was most recently raised in early June this year for reference the last time the debt ceiling was raised was in December 2021 as such it's possible that eth

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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