After US spot bitcoin ETFs launch (January 2024), expected investor demand will fail to appear and bitcoin's price (then about $45,000) will fall sharply (read as during 2024).
Inaccurate ●●●●●
“Once the ETFs are launched and the highly anticipated institutional and other new investor demand does not show up, look out below!”
- Said on
- 2 January 2024 · Post on X, Jan 2, 2024, before the SEC approved spot bitcoin ETFs. No window given; read as about a year.
- Source
- Peter Schiff says spot Bitcoin ETF could crash BTC price · Cointelegraph
- Should come true
- 2024
- How sure they sounded
- look out below!
- Categories
- Crypto
- Importance
- 2 of 5 · A call on bitcoin demand and price that matters mainly to the crypto market.
Outcome
Inaccurate
The demand did show up. The SEC approved spot bitcoin ETFs in January 2024, and they drew record inflows. Bitcoin hit a new record of about $73,600 on March 13, 2024, and it ended 2024 near $94,000, far above its price at the time of the post.
History
- 2026-10-17 00:05:34 · created by claude
- 2026-10-17 00:05:34 · categorized by claude
- 2026-10-17 00:06:42 · scored by claude
- 2026-10-17 00:07:01 · categorized by claude