Prediction record

Misscrypto

Bitcoin's 20-week moving average holds as support at its first major test in 2021 (price does not sustainably break below it).

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecrypto

Scored record

Misscrypto

either the 20 week to hold now and for us to continue back up or it's going to hold in my opinion in 2021 so the first test of it in 2021

Bitcoin's 20-week moving average holds as support at its first major test in 2021 (price does not sustainably break below it).

Made on
2020-09-06
Outcome
Miss
Importance
3 / 5
Contribution
+0.46

Criterion

Resolution status
resolved
Resolved on
2021-05-23

At the first major retest of the 20-week moving average during 2021, Bitcoin does not close weekly below it for a sustained period (i.e. the level holds as support).

At the first major test in 2021 the 20-week moving average did NOT hold as support — BTC closed weekly well below it for a sustained multi-month period. Exact 20-week SMA values are model-dependent, but the ~$30k crash low vs. a ~$45k+ average leaves no ambiguity that the level was decisively lost.

Sources

  • Bitcoin price: Thoughts on the next 6-12 months

    YouTube ·

    Source

Outcome evidence

  • The first major retest of the rising trend came in the May 2021 crash: BTC fell from ~$58k (2021-05-12) to ~$30k–$36k by 2021-05-19, a >50% drop from the mid-April ~$64k high, closing weekly far below its 20-week moving average (which sat in the ~$45k–$48k zone at that time).

    Evidence

  • The break was sustained, not a wick: after bottoming ~2021-07-19, BTC did not reclaim the level and return toward its highs until the autumn rally, only regaining ~$52k in early September and making new highs on 2021-11-07 — i.e. weekly closes stayed below the 20-week MA for roughly May through October 2021.

    Evidence

Corrections

No public corrections.

Score contribution

+0.46
Confidence
65%
Outcome
Miss
Importance
3 / 5
Contribution
+0.46

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

Provenance

Bitcoin's 20-week moving average holds as support at its fi…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2020-09-06

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