Prediction record

Hitmarkets

Risky asset markets will experience extreme weakness in April 2024

A scored record for Arthur Hayes, made on .

BlogPrimary sourcemarkets

Scored record

Hitmarkets

April will experience extreme weakness in risky asset markets.

Risky asset markets will experience extreme weakness in April 2024

Made on
2024-04-08
Outcome
Hit
Importance
2 / 5
Contribution
+1.91

Criterion

Resolution status
resolved
Resolved on
2024-04-30

Risky asset markets (crypto and equities) decline materially during April 2024.

Both risky-asset classes named in the criterion (crypto and equities) declined materially during April 2024 — BTC ~-15%, S&P 500 ~-4.1%. Supports the prediction. No outcome value assigned per stage separation.

Sources

  • Heatwave

    Substack ·

    Source

Outcome evidence

  • Bitcoin declined materially in April 2024: it opened the month near ~$71k and closed April 30, 2024 at ~$60,637, down ~15% for the month.

    Evidence

  • US equities also fell: the S&P 500 declined ~4.1% in April 2024, its worst month in six months, on renewed inflation and geopolitical concerns after five straight up months.

    Evidence

Corrections

No public corrections.

Score contribution

+1.91
Confidence
85%
Outcome
Hit
Importance
2 / 5
Contribution
+1.91

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

Provenance

Risky asset markets will experience extreme weakness in Apr…
Methodology version
v1.0.0
Last computed
July 5, 2026
Made on
2024-04-08

How this profile was built

  1. Scored by independent judges

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  3. Independently verified against sources

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Evidence firstMethodology