Prediction record

Hitcrypto

Bitcoin declines to test its 20-week moving average within the coming weeks.

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecryptomarkets

Scored record

Hitcrypto

i do expect us to test the 20 week estimate especially since we had this cross in the coming weeks

Bitcoin declines to test its 20-week moving average within the coming weeks.

Made on
2021-05-10
Outcome
Hit
Importance
2 / 5
Contribution
+1.84

Criterion

Resolution status
resolved
Resolved on
2021-05-19

Bitcoin's price touches or breaches its 20-week moving average at some point on or before 2021-08-10.

Criterion is 'touches or breaches the 20-week MA on or before 2021-08-10.' With BTC falling to ~$30k while its 20-week SMA was in the ~$45k–55k band, the breach is unambiguous; resolved_on set to the first clear breach (May 19–23 crash). Precise per-day 20-week SMA values are computed off exchange candle history, not a single citable page, but the direction (price far below the average) is not in doubt. Value (o) not assigned.

Sources

  • Bitcoin: Battle Scars

    YouTube ·

    Source

Outcome evidence

  • Bitcoin crashed from $59,427.44 (May 9, 2021) to $32,270.87 (May 23, 2021), a 45.7% two-week drop, and fell below $30,000 by June 22, 2021. Its 20-week SMA (lower edge of the 'bull market support band') sat in roughly the $45k–$55k range at the time, so the sub-$35k prices of the May–July selloff decisively touched and breached the 20-week moving average well before the 2021-08-10 deadline.

    Evidence

  • The bull-market support band is defined as the 20-week SMA and 21-week EMA; Bitcoin broke below it in the May 2021 crash and traded beneath it through the summer 2021 correction, confirming the 20-week MA was breached.

    Evidence

Corrections

  • tags: Bitcoin price/level claim → 'crypto' primary, 'markets' secondary per the tag dictionary.

Score contribution

+1.84
Confidence
80%
Outcome
Hit
Importance
2 / 5
Contribution
+1.84

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

Provenance

Bitcoin declines to test its 20-week moving average within…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2021-05-10

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Evidence firstMethodology