Prediction record

Missmarkets

Bitcoin prints a local price bottom in the $30,000–$35,000 range before the BTFP renewal decision on 2024-03-12.

A scored record for Arthur Hayes, made on .

BlogPrimary sourcemarkets

Scored record

Missmarkets

I believe Bitcoin will dip before the BTFP renewal decision on March 12th. I didn't expect it to happen so soon, but I think Bitcoin will find a local bottom between $30,000 and $35,000.

Bitcoin prints a local price bottom in the $30,000–$35,000 range before the BTFP renewal decision on 2024-03-12.

Made on
2024-01-23
Outcome
Miss
Importance
2 / 5
Contribution
+0.31

Criterion

Resolution status
resolved
Resolved on
2024-03-12

Bitcoin's spot price prints a local low within the $30,000–$35,000 band at some point before 2024-03-12.

The predicted $30,000–$35,000 local-bottom band was NOT touched. The actual pre-March-12 local low was ~$38,500 (Jan 23, 2024), roughly $3,500–$8,500 above the top of the predicted band. Window has closed and the outcome is fully determinable. Outcome value assignment left to scoring stage. Verify stage should corroborate the exact intraday low against an exchange/index source (e.g. CoinGecko/exchange OHLC).

Sources

  • Yellen or Talkin'?

    Substack ·

    Source

Outcome evidence

  • After the Jan 11, 2024 spot-ETF launch, Bitcoin sold off and printed its local low around ~$38,500 on Jan 23, 2024 (spot ETFs fell ~15% over their first nine trading days). Price then recovered and never traded down into the $30,000–$35,000 band at any point before the March 12, 2024 BTFP renewal decision.

    Evidence

Corrections

No public corrections.

Score contribution

+0.31
Confidence
65%
Outcome
Miss
Importance
2 / 5
Contribution
+0.31

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

Bitcoin prints a local price bottom in the $30,000–$35,000…
Methodology version
v1.0.0
Last computed
July 5, 2026
Made on
2024-01-23

How this profile was built

  1. Scored by independent judges

  2. Predictions gathered and sourced

  3. Independently verified against sources

Every public score traces back to sourced prediction records.

Avow is an independent project. The pundits scored here are not affiliated with Avow and do not endorse it. Names and likenesses are used for identification and commentary.

Evidence firstMethodology