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Coin Bureau: BTC will fall

Said on Jan 30, 2023, at 3:08 in the video.

What was said
Coin Bureau

@coinbureau

“it looks like this BCC driven rally is finally about to run out of steam btc's daily chart reveals that positive trading volume has been on the decline the macd indicator also suggests that a trend reversal is imminent”
Watch at 3:08Crypto News: Cardano, Bitcoin, SEC Moves, Market Rally & More!
PredictionBTCwill fallChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$22,826

Jan 30, 2023

Price at close

$42,941

Jan 30, 2024

Return

+88.1%

S&P 500 +24.4%

BTC closed at $22,826 on Jan 30, 2023. On Jan 30, 2024 it closed at $42,941, a return of +88.1%. SPY returned +24.4% over the same window. The call was that it would fall.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

Details and evidenceReport a problem

The window it was checked over

BTCWindow checked
$0$20,000$40,000$60,000$80,000Aug 2022Dec 2022Apr 2023Aug 2023Nov 2023Mar 2024Said on Jan 30, 2023
$0$20,000$40,000$60,000$80,000Aug 2022Feb 2023Sep 2023Mar 2024Said on Jan 30, 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$22,826Jan 30, 2023$23,629Mar 1, 2023+3.5%S&P 500 −1.5%
90 daysR-DIR v4Incorrect$22,826Jan 30, 2023$29,233Apr 30, 2023+28.1%S&P 500 +4.2%
180 daysR-DIR v4Incorrect$22,826Jan 30, 2023$29,353Jul 29, 2023+28.6%S&P 500 +14.9%
1 yearR-DIR v4Incorrect$22,826Jan 30, 2023$42,941Jan 30, 2024+88.1%S&P 500 +24.4%
3 yearsR-DIR v4Incorrect$22,826Jan 30, 2023$84,650Jan 29, 2026+270.8%S&P 500 +80.2%
5 yearsR-DIR v4Pending——Jan 29, 2028——
Why: 30 days

BTC closed at $22,826 on Jan 30, 2023. On Mar 1, 2023 it closed at $23,629, a return of +3.5%. SPY returned −1.5% over the same window. The call was that it would fall.

Why: 90 days

BTC closed at $22,826 on Jan 30, 2023. On Apr 30, 2023 it closed at $29,233, a return of +28.1%. SPY returned +4.2% over the same window. The call was that it would fall.

Why: 180 days

BTC closed at $22,826 on Jan 30, 2023. On Jul 29, 2023 it closed at $29,353, a return of +28.6%. SPY returned +14.9% over the same window. The call was that it would fall.

Why: 1 year

BTC closed at $22,826 on Jan 30, 2023. On Jan 30, 2024 it closed at $42,941, a return of +88.1%. SPY returned +24.4% over the same window. The call was that it would fall.

Why: 3 years

BTC closed at $22,826 on Jan 30, 2023. On Jan 29, 2026 it closed at $84,650, a return of +270.8%. SPY returned +80.2% over the same window. The call was that it would fall.

Why: 5 years

Not yet resolved. The window closes Jan 29, 2028.

What was said around it

concerning because it suggests institutions aren't as certain about eth for whatever reason this could be because of concerns around ethereum's upcoming Shanghai upgrade where invalidators will be allowed to claim their eth stakes and staking rewards it could also be because of concerns around a potential Crackdown on another large cap altcoin which could create uncertainty for eth more about what Shanghai means for eth using the link down below anyways the reason is arguably irrelevant because it looks like this BCC driven rally is finally about to run out of steam btc's daily chart reveals that positive trading volume has been on the decline the macd indicator also suggests that a trend reversal is imminent it's a similar story on btc's weekly chart where positive trading volume is likewise slowing down more importantly though the 50-week moving average is about to cross the 200-week moving average from above this would create a death cross that could push the entire crypto Market lower funnily enough the outcome of these technical analysis Trends will occur sometime this week now this is no coincidence considering that the Federal Reserve will be announcing how much it's raising interests

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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