Prediction record

Misscrypto

Bitcoin's total indicator risk will reach the 0–0.1 wristband (band) by the end of 2023.

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecrypto

Scored record

Misscrypto

I would say that is a likely outcome that we will see this year

Bitcoin's total indicator risk will reach the 0–0.1 wristband (band) by the end of 2023.

Made on
2023-09-04
Outcome
Miss
Importance
3 / 5
Contribution
-0.84

Criterion

Resolution status
resolved
Resolved on
2023-12-31

Bitcoin's total indicator risk metric (Cowen's own published risk model) reaches the 0–0.1 band on or before 2023-12-31.

The prediction (made 2023-09-04, BTC ~$26k) required the risk metric to fall into the 0–0.1 deep-bottom band by 2023-12-31. Instead BTC rallied strongly into year-end (+155% YoY, close ~$42,255), pushing the cycle-position metric up, not down. The band was not reached before the deadline. Resolution rests on the metric's published definition plus the unambiguous price path; Cowen's exact per-day risk value is proprietary and not published here as a citable primary timeseries, but no plausible calibration places a +155% up-year closing near yearly highs in the 0–0.1 band. resolved_on set to the deadline date (event did not occur by deadline).

Sources

  • Bitcoin Risk Metric

    YouTube ·

    Source

Outcome evidence

  • Cowen's Bitcoin Risk Metric is a normalized cycle-position index bounded 0–1, where 0 = statistically the cycle bottom (deep accumulation) and 1 = the cycle top. A 0–0.1 reading therefore requires deep cycle-bottom price conditions.

    Evidence

  • Bitcoin rose ~155% across 2023 and closed Dec 31, 2023 at ~$42,255 — near its highest level of the year, the opposite of cycle-bottom conditions. The risk metric consequently rose through H2 2023 rather than falling into the 0–0.1 band.

    Evidence

  • Bitcoin broke above $40,000 for the first time since April 2022 in early December 2023 (hit ~$42K on Dec 3–4), driven by spot-ETF anticipation and rate-cut bets — confirming an up-trending, elevated-price regime into year-end, incompatible with a 0–0.1 risk reading.

    Evidence

Corrections

  • Quote wording: Current verbatim is a stripped fragment lacking subject and certainty marker; the fuller phrase is contiguous in the transcript at t=946s, carries the 'likely outcome' commitment, and better represents the scored claim.

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

Bitcoin's total indicator risk will reach the 0–0.1 wristba…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2023-09-04

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