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Coin Bureau: BTC will rise

Said on Apr 5, 2022, at 18:09 in the video.

What was said
Coin Bureau

@coinbureau

“this steady buying pressure and the Restriction of Supply means btc's price is likely to rise especially if some”
Watch at 18:09This Will Surprise YOU!! Bitcoin Legal Tender is Coming To...
PredictionBTCwill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

Entry price (first close after the video)

$45,498

Apr 5, 2022

Price at close

$28,170

Apr 5, 2023

Return

−38.1%

S&P 500 −8.1%

BTC closed at $45,498 on Apr 5, 2022. On Apr 5, 2023 it closed at $28,170, a return of −38.1%. SPY returned −8.1% over the same window. The call was that it would rise.

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
$10,000$20,000$30,000$40,000$50,000$60,000$70,000Oct 2021Feb 2022Jun 2022Oct 2022Feb 2023Jun 2023Said on Apr 5, 2022
$0$20,000$40,000$60,000$80,000Oct 2021Apr 2022Nov 2022Jun 2023Said on Apr 5, 2022

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$45,498Apr 5, 2022$36,553May 5, 2022−19.7%S&P 500 −8.3%
90 daysR-DIR v4Incorrect$45,498Apr 5, 2022$20,237Jul 4, 2022−55.5%S&P 500 −15.1%
180 daysR-DIR v4Incorrect$45,498Apr 5, 2022$19,057Oct 2, 2022−58.1%S&P 500 −20.1%
1 yearR-DIR v4Incorrect$45,498Apr 5, 2022$28,170Apr 5, 2023−38.1%S&P 500 −8.1%
3 yearsR-DIR v4Correct$45,498Apr 5, 2022$83,890Apr 4, 2025+84.4%S&P 500 +17.0%
5 yearsR-DIR v4Pending——Apr 4, 2027——
Why: 30 days

BTC closed at $45,498 on Apr 5, 2022. On May 5, 2022 it closed at $36,553, a return of −19.7%. SPY returned −8.3% over the same window. The call was that it would rise.

Why: 90 days

BTC closed at $45,498 on Apr 5, 2022. On Jul 4, 2022 it closed at $20,237, a return of −55.5%. SPY returned −15.1% over the same window. The call was that it would rise.

Why: 180 days

BTC closed at $45,498 on Apr 5, 2022. On Oct 2, 2022 it closed at $19,057, a return of −58.1%. SPY returned −20.1% over the same window. The call was that it would rise.

Why: 1 year

BTC closed at $45,498 on Apr 5, 2022. On Apr 5, 2023 it closed at $28,170, a return of −38.1%. SPY returned −8.1% over the same window. The call was that it would rise.

Why: 3 years

BTC closed at $45,498 on Apr 5, 2022. On Apr 4, 2025 it closed at $83,890, a return of +84.4%. SPY returned +17.0% over the same window. The call was that it would rise.

Why: 5 years

Not yet resolved. The window closes Apr 4, 2027.

What was said around it

tend to use the lowest quality form of money as currency in this case US dollars the end result of this Dynamic is that citizens will overwhelmingly huddle BTC rather than sell in countries where Bitcoin exists as legal tender alongside another currency and this includes the government too as I mentioned earlier El Salvador has been accumulating BTC since September this accumulation is likely to continue in accordance with the global adoption of BTC and the same effect will likely be seen in other countries that adopt Bitcoin as legal tender this steady buying pressure and the Restriction of Supply means btc's price is likely to rise especially if some governments start deciding to back their state-issued currencies with BTC recall that BTC could become a preferred currency for international trade as well and this would only add to the demand this brings me on to some of the risks of Bitcoin becoming legal tender if El Salvador's Bitcoin adoption is anything to go by countries that adopt BTC as legal tender will likely opt to leverage the lightning Network for fast and low-cost payments if you watched my video about the lightning Network you'll know that it involves creating peer-to-peer

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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