Prediction record
HitcryptoBitcoin revisits notably lower valuations at some point during 2023
A scored record for Benjamin Cowen, made on .
Scored record
Hitcrypto“I do think that there's a good chance that at some point this year we will revisit some of these lower valuations uh just like we've really almost always done”
Bitcoin revisits notably lower valuations at some point during 2023
- Made on
- 2023-05-02
- Outcome
- Hit
- Importance
- 3 / 5
- Contribution
- +2.27
Criterion
- Resolution status
- resolved
- Resolved on
- 2023-08-17
BTC/USD trades ≥10% below its early-May-2023 price (i.e. under ~$25k) at some point before end of 2023
The primary ≥10%-below-early-May test (threshold ~$26,100) is met decisively by the Aug/Sep 2023 selloff. The parenthetical 'under ~$25k' is the stricter reading; BTC touched ~$24,900 intramonth in Sep 2023 per market data, so even the stricter version is (narrowly) satisfied. resolved_on = 2023-08-17, the first clear ≥10%-below print. No outcome value assigned.
Sources
Bitcoin: The Beauty of Mathematics (Part 35)
YouTube ·
Outcome evidence
Criterion: BTC trades ≥10% below its early-May-2023 price (~$29,000; 10% below ≈ $26,100) at some point before end of 2023. On/around 2023-08-17 BTC sold off sharply to ~$25,370, and in late Aug/early Sep 2023 it slid to ~$25,370–$25,500, probing the Aug-17 low; Sep 2023 saw intramonth prints near ~$24,900. All of these are ~12–14% below the early-May level, decisively clearing the ≥10% threshold (and briefly dipping under the ~$25k parenthetical).
Supporting: Aug 2023 monthly close was $25,931 (vs Apr/May opens ~$29,200), confirming BTC spent Aug–Sep 2023 in the mid-$20,000s, well below the early-May price.
Corrections
- tags: BTC-specific price claim; 'crypto' is the more central controlled-vocabulary tag.
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
Bitcoin revisits notably lower valuations at some point dur…- Methodology version
- v1.0.0
- Last computed
- July 18, 2026
- Made on
- 2023-05-02
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources