Prediction record

Misscrypto

Crypto markets will remain under significant downward pressure through the end of 2022 and a significant part of 2023

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecryptomarkets

Scored record

Misscrypto

I'm of the opinion that crypto will remain under a lot of pressure throughout the end of this year and through good you know a significant part of next year

Crypto markets will remain under significant downward pressure through the end of 2022 and a significant part of 2023

Made on
2022-10-25
Outcome
Miss
Importance
3 / 5
Contribution
+0.46

Criterion

Resolution status
resolved
Resolved on
2023-12-31

Total crypto market cap / Bitcoin remains in a net downtrend (below start-of-2023 levels) through a significant portion of 2023.

Written criterion — total market cap / BTC remaining below start-of-2023 levels in a net downtrend through a significant portion of 2023 — was NOT satisfied. BTC (and total market cap, which tracks it closely) spent almost all of 2023 ABOVE its start-of-year level, ending the year up ~155%. The 'through the end of 2022' half was accurate (2022 was a deep bear year), but the 2023 half — the part inside this record's horizon — did not hold. No outcome value assigned per instructions.

Sources

  • Ethereum Market Update

    YouTube ·

    Source

Outcome evidence

  • Bitcoin closed 2022-12-31/2023-01-01 near $16,625 and closed 2023-12-31 near $42,265, a +155% year. Rather than remaining under downward pressure, crypto rose above its start-of-2023 level within the first weeks of January and stayed above it for essentially the entire year.

    Evidence

  • Q1 2023 was Bitcoin's best quarter in two years: it started ~$16,000 and finished the quarter ~$28,500 (~73% gain), the top-performing major asset class in Q1 2023. This directly contradicts a 'significant downward pressure through a significant part of 2023' outcome.

    Evidence

  • Q1 2023 recap corroborating the ~$16k → ~$28.5k rally and BTC outperformance vs equities/gold, driven partly by post-SVB/Signature safe-haven flows.

    Evidence

Corrections

  • tags: Claim subject is cryptocurrency price direction; dictionary requires 'crypto' primary, 'markets' secondary.

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

Crypto markets will remain under significant downward press…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2022-10-25

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Evidence firstMethodology