Finding dependencies in the numbers is precious.
He seems to have made connection on BTC price with the numbers of wallets, wallets activity and supply.
The thing is just how depended the BTC price is on this things. Usualy they are never 100% accurate. It is always a range.
In statistics, the coefficient of determination, "R squared", is the proportion of the variance in the dependent variable that is predictable from the independent variable(s).
The simple five year time chart of BTC, shows R value of time on BTC of around 50%. Meaning that BTC at the moment has 50-50 chance :).
If there is data and time, will be interesting to check the R value of these factors on BTC with a multilinear regression.
Yep, if he is even remotely close that will be good enough for me. We just need bitcoin to catch on as digital gold or as a semi-popular payment option, or both. :)