BTCBullmiss
Jo BhakdiTarget Price
$60,000
“I said I believe 60,000 is very likely a bounce area”@ 16:04 · open at this moment on YouTube ↗
Thesis at the time
BullishBitcoin's fundamental thesis as a store of value remains intact with fixed supply constraints. The macro environment with potential money printing under new Fed leadership and global inflation fears supports Bitcoin long-term. Technical analysis suggests a bounce around $60,000 with worst-case scenario at $30,000.
Key arguments
- Fixed supply cap makes Bitcoin superior store of value in inflationary environment
- Trump administration likely to appoint dovish Fed chair leading to more money printing
- Global adoption of crypto infrastructure continues expanding
- Fear and greed index at extreme fear (11) indicates potential bottom
Counter-arguments acknowledged
- Technical chart shows head and shoulders pattern with downside risk
- Current momentum favors further selling pressure
- Could drop to $30,000 in worst case scenario
Hedges and caveats (from the video)
- Explicitly states 'I'm not going to tell you that because we are not giving out investment advice on this channel'
- Acknowledges significant recent losses (MSTR down 70% in 6 months, BTC down 42%)
- Notes the leverage risk through debt (~$8B) and preferred stock mechanisms
- Recognizes market panic and concerns about future fundraising ability
- Describes the situation as 'dropping like a stone' and 'unbelievable' volatility
The call
- Date said
- Feb 5, 2026
- Price at prediction
- $28.15
- Confidence
- medium
- Specificity
- specific
How it resolved
- Status
- miss
- Resolution price
- $34.30
- Return
- +21.9%
- Notes
- Horizon window passed. Only 0% progress toward target $60000. Price: $34.30.
Why this resolved this way(resolution audit)
Rule that fired
Horizon window passed. Only 0% progress toward target $60000. Price: $34.30.
Full rules: docs/resolution-spec.md.
Confidence Reasoning
Technical analysis with hedge words 'very likely' but specific price level