Prediction record

Missmarkets

The crypto market trades mostly sideways over 2023, ending the year roughly flat with deviations both up and down.

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcemarkets

Scored record

Missmarkets

2023, my general expectation is that it's mostly going to be remembered as sideways, but I think we will have deviations to the upside and the downside.

The crypto market trades mostly sideways over 2023, ending the year roughly flat with deviations both up and down.

Made on
2023-01-09
Outcome
Miss
Importance
3 / 5
Contribution
-0.84

Criterion

Resolution status
resolved
Resolved on
2023-12-31

Total crypto market / Bitcoin closes 2023 within roughly ±15% of its yearly open, with no sustained bull or bear trend for the year.

Criterion: close within roughly ±15% of yearly open with no sustained trend. BTC finished ~+155%, roughly 2.5x, a clear sustained multi-month uptrend. Well outside the stated tolerance band.

Sources

  • Weighting your cryptocurrency portfolio: Lessons from the last market cycle

    YouTube ·

    Source

Outcome evidence

  • Bitcoin opened 2023 at ~$16,625 (Jan 1 close) and ended at ~$42,265 (Dec 31, 2023 close) — a full-year gain of ~+155%, far outside the ±15% band and constituting a sustained upward trend, not sideways/flat action.

    Evidence

Corrections

  • Quote wording: Align verbatim to the actual transcript wording; the current text compresses 'my general expectation is that it's mostly...' into 'is mostly...'. Meaning unchanged; keeps verbatim faithful to the caption.

Score contribution

-0.84
Confidence
80%
Outcome
Miss
Importance
3 / 5
Contribution
-0.84

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

Provenance

The crypto market trades mostly sideways over 2023, ending…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2023-01-09

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Evidence firstMethodology