Full record

Misscrypto

Bitcoin trades below $50,000 during the weekend of September 7-8, 2024.

A scored prediction by Arthur Hayes, made on .

TweetQuote from the original sourcecryptomarkets

Scored prediction

Misscrypto

$BTC is heavy, I'm gunning for sub $50k this weekend. I took a cheeky short. Pray for my soul, for I am a degen.

Bitcoin trades below $50,000 during the weekend of September 7-8, 2024.

Made on
2024-09-06
Outcome
Miss
Importance
2 / 5
Effect on score
-0.89

What counted as right

Status
resolved
Settled on
2024-09-08

Bitcoin's spot price prints below $50,000 at any point during the weekend of 2024-09-07 to 2024-09-08.

Criterion: BTC spot prints below $50,000 at ANY point during the weekend of 2024-09-07 to 2024-09-08. Across both days BTC's lowest observed print was ~$53,749 (Sat) / ~$54,517 (Sun) — it never approached, let alone breached, $50,000. Clear miss. Prices are consistent across StatMuse daily/hourly data and contemporaneous news; no conflicting credible evidence. resolved_on set to the last day of the resolution window (2024-09-08).

Sources

  • '$BTC is heavy, I'm gunning for sub $50k this weekend...'

    X (@CryptoHayes) ·

    Source

  • Crypto in 'extreme fear' as Arthur Hayes tips 'sub $50K' Bitcoin weekend

    Cointelegraph ·

    Source

  • Arthur Hayes does turnaround on Bitcoin with short and $50,000 target

    DL News ·

    Source

  • We check the accuracy of 20 Arthur Hayes market calls

    Protos ·

    Source

Evidence of what happened

  • Bitcoin OHLC for Saturday 2024-09-07 (per StatMuse daily/hourly data): open $53,935, high $54,041, low $53,882 (daily), with an intraday hourly low of ~$53,749 around 01:00. The price stayed comfortably above $50,000 all day.

    Evidence

  • Bitcoin OHLC for Sunday 2024-09-08 (per StatMuse): open $54,537, high $54,803, low $54,517, close $54,744 (up 1.1% on the day). Intraday low ~$54,517 — never below $50,000.

    Evidence

  • Contemporaneous reporting of Hayes's own call (made 2024-09-06) notes BTC was trading ~$55,838-$56,585 heading into the weekend, having only reached a low of ~$55,838; it did not break $50,000 that weekend. The month's later low (~$52,546) also stayed above $50,000.

    Evidence

Corrections

No public corrections.

Effect on the score

-0.89
How sure they sounded
85%
Outcome
Miss
Importance
2 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

Bitcoin trades below $50,000 during the weekend of Septembe…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2024-09-06

How this profile was built

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