Coin Bureau: ETH will rise

Said on Jan 30, 2024, at 7:30 in the video.

What was said
Coin Bureau

@coinbureau

“now it goes without saying that this will be bullish for eth but it could be even more bullish for its layer”
Watch at 7:30Crypto News: Bitcoin, ETH ETF Delay, SEC, Binance & MORE!!
PredictionETHwill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Correct

Entry price (first close after the video)

$2,343

Jan 30, 2024

Price at close

$3,114

Jan 29, 2025

Return

+32.9%

S&P 500 +24.2%

ETH closed at $2,343 on Jan 30, 2024. On Jan 29, 2025 it closed at $3,114, a return of +32.9%. SPY returned +24.2% over the same window. The call was that it would rise.

30 days

Correct

90 days

Correct

180 days

Correct

1 year

Correct

The window it was checked over

ETHWindow checked
$1,000$1,500$2,000$2,500$3,000$3,500$4,000$4,500Aug 2023Dec 2023Apr 2024Jul 2024Nov 2024Mar 2025Said on Jan 30, 2024
$1,000$2,000$3,000$4,000$5,000Aug 2023Feb 2024Sep 2024Mar 2025Said on Jan 30, 2024

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 v4Correct$2,343Jan 30, 2024$3,340Feb 29, 2024+42.6%S&P 500 +3.5%
90 daysR-DIR v4Correct$2,343Jan 30, 2024$3,217Apr 29, 2024+37.3%S&P 500 +4.2%
180 daysR-DIR v4Correct$2,343Jan 30, 2024$3,270Jul 28, 2024+39.6%S&P 500 +11.6%
1 yearR-DIR v4Correct$2,343Jan 30, 2024$3,114Jan 29, 2025+32.9%S&P 500 +24.2%
3 yearsR-DIR v4Pending——Jan 29, 2027——
5 yearsR-DIR v4Pending——Jan 28, 2029——
Why: 30 days

ETH closed at $2,343 on Jan 30, 2024. On Feb 29, 2024 it closed at $3,340, a return of +42.6%. SPY returned +3.5% over the same window. The call was that it would rise.

Why: 90 days

ETH closed at $2,343 on Jan 30, 2024. On Apr 29, 2024 it closed at $3,217, a return of +37.3%. SPY returned +4.2% over the same window. The call was that it would rise.

Why: 180 days

ETH closed at $2,343 on Jan 30, 2024. On Jul 28, 2024 it closed at $3,270, a return of +39.6%. SPY returned +11.6% over the same window. The call was that it would rise.

Why: 1 year

ETH closed at $2,343 on Jan 30, 2024. On Jan 29, 2025 it closed at $3,114, a return of +32.9%. SPY returned +24.2% over the same window. The call was that it would rise.

Why: 3 years

Not yet resolved. The window closes Jan 29, 2027.

Why: 5 years

Not yet resolved. The window closes Jan 28, 2029.

What was said around it

practically identical to the spot Bitcoin ETFs in any case the good news is that the spot ethereum ETF isn't the only Catalyst in play for the second largest crypto another catalyst is the upcoming denune upgrade which will make ethereum's layer 2s exponentially cheaper and faster denune recently launched on testet with a few hiccups so this begs the question of when denune will launch on mainnet well assuming no additional hiccups on other test Nets the answer seems to be by the end of February Per a recent blog post by the ethereum Foundation now it goes without saying that this will be bullish for eth but it could be even more bullish for its layer twos the real question though is what effect the denune upgrade will have on other layer ones that Leverage The evm for context these so-called ethereum killers were being used as de facto layer 2os during the last crypto bull market this was likely because ethereum's layer 2 ecosystem was still in development today however ethereum's layer 2 ecosystem is exploding to the point that it's overtaking ethereum itself on key metrics like daily active wallets and such the only Edge that these evm compatible layer ones seem to have was speed and

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