Prediction record

Hitcrypto

There will be a substantial correction across the crypto asset class within the next several months.

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecryptomarkets

Scored record

Hitcrypto

i do think at some point in the next several months we will have a substantial correction that will be relatively scary

There will be a substantial correction across the crypto asset class within the next several months.

Made on
2021-03-10
Outcome
Hit
Importance
3 / 5
Contribution
+2.27

Criterion

Resolution status
resolved
Resolved on
2021-05-19

Total crypto market cap (and/or Bitcoin) undergoes a peak-to-trough decline of ≥20% at some point within the window (by 2021-09-10).

Criterion (≥20% peak-to-trough decline in total crypto market cap and/or Bitcoin within window) is clearly met by the May 2021 crash: BTC ~-52% and total market cap fell sharply from its ~$2.5T peak. resolved_on set to 2021-05-19, by which the ≥20% threshold was decisively crossed. No conflicting evidence.

Sources

  • Bitcoin: Impulse

    YouTube ·

    Source

Outcome evidence

  • Bitcoin fell from its $64,895 peak (2021-04-14) to ~$31,000 by 2021-05-19 (~52% peak-to-trough) and to ~$29k–30k in late June/July 2021 — a >50% decline, far exceeding the ≥20% threshold, all inside the 2021-03-10→2021-09-10 window.

    Evidence

  • Chainalysis: the May 2021 crash was a broad, class-wide correction driven by retail selling; total crypto market cap fell from ~$2.5T peak with nearly all major assets down double-digit percentages (ETH ~-40%, DOGE ~-45%).

    Evidence

Corrections

  • tags: Crypto-asset-class claim; 'crypto' is the more precise controlled-dictionary tag. Optional refinement.

Score contribution

+2.27
Confidence
65%
Outcome
Hit
Importance
3 / 5
Contribution
+2.27

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

Provenance

There will be a substantial correction across the crypto as…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2021-03-10

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Evidence firstMethodology