Coin Bureau: BTC will fall

Said on Sep 25, 2023, at 12:51 in the video.

What was said
Coin Bureau

@coinbureau

“the bad news is that the process by which coinbase gains dominance is likely to do damage to the crypto Market in the short term”
Watch at 12:51Crypto News: Ethereum, Tether FUD, Coinbase, BASE & MORE!!
PredictionBTCwill fallChecked at fixed windows, from 30 days to 5 years

Recorded as crypto Market, a word for a group: this call is judged on BTC, the stand-in the method assigns to it.

What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$26,305

Sep 25, 2023

Price at close

$64,263

Sep 24, 2024

Return

+144.3%

S&P 500 +34.0%

BTC closed at $26,305 on Sep 25, 2023. On Sep 24, 2024 it closed at $64,263, a return of +144.3%. SPY returned +34.0% 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

BTCWindow checked
$20,000$40,000$60,000$80,000$100,000$120,000Mar 2023Jul 2023Nov 2023Mar 2024Jul 2024Nov 2024Said on Sep 25, 2023
$20,000$40,000$60,000$80,000$100,000$120,000Mar 2023Oct 2023May 2024Nov 2024Said on Sep 25, 2023

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$26,305Sep 25, 2023$34,496Oct 25, 2023+31.1%S&P 500 −3.4%
90 daysR-DIR v4Incorrect$26,305Sep 25, 2023$42,992Dec 24, 2023+63.4%S&P 500 +10.0%
180 daysR-DIR v4Incorrect$26,305Sep 25, 2023$63,990Mar 23, 2024+143.3%S&P 500 +21.5%
1 yearR-DIR v4Incorrect$26,305Sep 25, 2023$64,263Sep 24, 2024+144.3%S&P 500 +34.0%
3 yearsR-DIR v4Incorrect$26,305Sep 25, 2023$84,410Sep 24, 2026+220.9%S&P 500 +84.0%
5 yearsR-DIR v4Pending——Sep 23, 2028——
Why: 30 days

BTC closed at $26,305 on Sep 25, 2023. On Oct 25, 2023 it closed at $34,496, a return of +31.1%. SPY returned −3.4% over the same window. The call was that it would fall.

Why: 90 days

BTC closed at $26,305 on Sep 25, 2023. On Dec 24, 2023 it closed at $42,992, a return of +63.4%. SPY returned +10.0% over the same window. The call was that it would fall.

Why: 180 days

BTC closed at $26,305 on Sep 25, 2023. On Mar 23, 2024 it closed at $63,990, a return of +143.3%. SPY returned +21.5% over the same window. The call was that it would fall.

Why: 1 year

BTC closed at $26,305 on Sep 25, 2023. On Sep 24, 2024 it closed at $64,263, a return of +144.3%. SPY returned +34.0% over the same window. The call was that it would fall.

Why: 3 years

BTC closed at $26,305 on Sep 25, 2023. On Sep 24, 2026 it closed at $84,410, a return of +220.9%. SPY returned +84.0% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Sep 23, 2028.

What was said around it

fascinating perhaps it's just us but almost all these headlines have been very bullish for the exchange it's almost as if we're being primed for some offshore exchanges to go down and for coinbase to take their place now even if this isn't the case it seems perhaps inevitable given the circumstances the good news is that coinbase gaining dominance means that tradify will be more comfortable investing in crypto and we could even get a spot Bitcoin ETF finally approved this means that many coins and tokens will see new all-time highs the bad news is that the process by which coinbase gains dominance is likely to do damage to the crypto Market in the short term coinbase also appears to be closely aligned with tradify interests and you'll know this if you watched yesterday's video about the war to control Bitcoin regardless the next few months are going to be very interesting for crypto and not just because of what's been going on in the industry itself if you've been keeping up with the channel you'll know one of the key themes we've been covering is crypto's role in geopolitics and one of the countries we've been focusing on in that regard is China if you watched our video about the new

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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