Prediction record

Hitcrypto

Ethereum retests its bull-market support band within the coming months

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecryptomarkets

Scored record

Hitcrypto

there is a good chance ethereum will test it again in the coming months

Ethereum retests its bull-market support band within the coming months

Made on
2022-02-20
Outcome
Hit
Importance
2 / 5
Contribution
+1.51

Criterion

Resolution status
resolved
Resolved on
2022-03-28

ETH price rises to touch or test its bull-market support band at least once between 2022-02-20 and 2022-08-20.

Criterion met. On the call date ETH sat well below its BMSB; within the window it rallied to touch and briefly trade above the band during the week of 2022-03-28 (daily high $3,580 on 2022-04-03 vs band ~$3,162-$3,312). resolved_on set to 2022-03-28 (first week ETH's high clearly entered/exceeded the band; first daily touch ~Mar 27-28). Band values are computed from weekly closing prices (standard construction); a chart using a slightly different MA basis (e.g. daily-resampled) could shift the touch date by a few days but not the conclusion, since ETH exceeded the entire band by a clear margin. After this retest ETH crashed to ~$880 (June 2022); irrelevant to the 'touch at least once' criterion. No outcome value (o) assigned per stage separation.

Sources

  • Ethereum: A Cause For Concern

    YouTube ·

    Source

Outcome evidence

  • Binance ETHUSDT weekly candles + computed bull-market support band (20W SMA / 21W EMA). Week of the call (open 2022-02-21): ETH closed ~$2,617, band ~$3,261-$3,648 (price well below band). ETH then rallied into late March: by the week opening 2022-03-28 the band had declined to ~$3,162 (21W EMA) - $3,312 (20W SMA), and ETH's high that week was ~$3,580, closing ~$3,522 ABOVE the band. ETH touched and briefly exceeded its bull-market support band, satisfying 'touch or test at least once'.

    Evidence

  • Binance ETHUSDT daily candles, late March / early April 2022: highs of $3,299 (Mar 27), $3,431 (Mar 28), $3,482 (Mar 29), peaking at $3,580 (Apr 3, 2022). These daily highs reached into and above the ~$3,162-$3,312 band, marking the retest. First clear touch of the band occurred ~Mar 27-28, 2022.

    Evidence

  • Definition confirmation: Benjamin Cowen's 'bull market support band' = the 20-week SMA and 21-week EMA (the band spans between them), applied to both BTC and ETH.

    Evidence

Corrections

  • tags: Crypto price/level bet: tag dictionary requires crypto primary, markets secondary.

Score contribution

+1.51
Confidence
65%
Outcome
Hit
Importance
2 / 5
Contribution
+1.51

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

Provenance

Ethereum retests its bull-market support band within the co…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2022-02-20

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Evidence firstMethodology