Prediction record

Misscrypto

Bitcoin experiences a 20% to 30% (up to 40%) correction from whatever level it reaches by early March 2024.

A scored record for Arthur Hayes, made on .

BlogPrimary sourcecryptomarkets

Scored record

Misscrypto

I am preparing for a vicious washout of all the crypto tourists in March of this year. ... a healthy 20% to 30% correction from whatever level it has attained by early March.

Bitcoin experiences a 20% to 30% (up to 40%) correction from whatever level it reaches by early March 2024.

Made on
2024-01-04
Outcome
Miss
Importance
3 / 5
Contribution
-0.84

Criterion

Resolution status
resolved
Resolved on
2024-03-31

Bitcoin undergoes a peak-to-trough decline of at least 20% from its early-March 2024 level during March 2024.

Criterion (peak-to-trough decline of at least 20% from BTC's EARLY-MARCH 2024 level during March 2024) is NOT met on the evidence. From the early-March level (~$62,462 on Mar 1, ~$67,758 by Mar 4) to the March intraday low (~$60,808 on Mar 20), the change was roughly flat to slightly negative (about -2.6% vs the Mar 1 close; positive vs the Mar 4 level). Even measured from the mid-March all-time high (~$73,750) to the March low (~$60,808), the peak-to-trough decline was only ~17.5% — still short of the 20-30% (up to 40%) predicted. BTC ended March UP ~16.6%. No interpretation of the criterion yields a >=20% decline within March 2024. Resolved false on the evidence. Minor interpretive note (does not change outcome): the claim's reference point ('from whatever level it reaches by early March') is ambiguous, but both the early-March-level reading and the peak reading fall short of 20%. resolved_on set to window end (2024-03-31).

Sources

  • Signposts

    Arthur Hayes (Medium / Crypto Trader Digest) ·

    Source

  • Signposts

    Crypto Trader Digest (Substack) ·

    Source

Outcome evidence

  • StatMuse/CoinMarketCap daily data: BTC opened early March 2024 around $62,462 (Mar 1 close), rose ~8% to ~$67,758 by Mar 4, reached its March all-time high of ~$73,750 on Mar 14, printed a March intraday low of ~$60,808 on Mar 20 (lowest close ~$64,062 on Mar 23), and closed the month at ~$71,334 (up ~16.6% for the month).

    Evidence

  • Forbes (Mar 15, 2024): after the mid-March all-time high (~$73,634 on Mar 13 per CoinMarketCap), BTC fell roughly 10% to ~$66,077; peak-to-trough over the rest of March reached only ~17.5% (ATH ~$73,750 to March low ~$60,808).

    Evidence

Corrections

No public corrections.

Score contribution

-0.84
Confidence
80%
Outcome
Miss
Importance
3 / 5
Contribution
-0.84

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

Provenance

Bitcoin experiences a 20% to 30% (up to 40%) correction fro…
Methodology version
v1.0.0
Last computed
July 5, 2026
Made on
2024-01-04

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