Prediction record

Misscrypto

The crypto market peaks in mid-to-late March 2025 before a severe correction.

A scored record for Arthur Hayes, made on .

TweetPrimary sourcecryptomarkets

Scored record

Misscrypto

"Sasa" is an essay where I explain y I think #crypto tops out in mid-Mar and then severely corrects. Until then is time to dance.

The crypto market peaks in mid-to-late March 2025 before a severe correction.

Made on
2025-01-06
Outcome
Miss
Importance
3 / 5
Contribution
+0.46

Criterion

Resolution status
resolved
Resolved on
2025-03-31

Aggregate crypto market cap (or BTC as proxy) records its local cycle high within ~2025-03-10 to 2025-03-31, with no materially higher print before that window.

Criterion (aggregate crypto market cap / BTC proxy records its LOCAL CYCLE HIGH within ~2025-03-10 to 2025-03-31, with NO materially higher print BEFORE that window) is NOT met. BTC's cycle high was set on 2025-01-20 (~$109,350), a materially higher print well before the March window; the market then fell sharply through February (worst February in 11 years) and remained in a downtrend into March/April 2025. March 2025 was a lower high, not a local cycle peak, and it was NOT followed by 'the' severe correction (the correction was already underway from January). Resolved false on the evidence. resolved_on set to the window end (2025-03-31).

Sources

  • Arthur Hayes on X: 'Sasa is an essay where I explain y I think #crypto tops out in mid-Mar'

    X (Arthur Hayes @CryptoHayes) ·

    Source

  • Sasa

    Crypto Trader Digest (Substack) ·

    Source

  • Arthur Hayes: Crypto Market Will Peak 'In Mid to Late March'

    Decrypt ·

    Source

  • We calculated the accuracy of 20 market calls by Arthur Hayes

    Protos ·

    Source

Outcome evidence

  • CNBC: Bitcoin touched a new all-time high of ~$109,350 early Monday, January 20, 2025 (Trump inauguration day), then reversed — a 'buy the rumor, sell the news' event. This January print is the cycle high for Q1 2025.

    Evidence

  • CNBC: By Feb 25, 2025 BTC dropped to a 3-month low below $90,000 in a risk-off move; February 2025 was the worst February for BTC in over a decade, with BTC down ~30% from the January high and closing February around $84,000, continuing lower into March/April (≈31.7% decline Jan-April 2025).

    Evidence

  • Cointelegraph: commentary noting the 'confusing' status of the March 2025 print — Bitcoin's actual all-time highs were the January 2025 level and later the October 2025 (~$126k) peak, not March 2025; March 2025 was a lower high within a downtrend.

    Evidence

Corrections

No public corrections.

Score contribution

+0.46
Confidence
65%
Outcome
Miss
Importance
3 / 5
Contribution
+0.46

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

Provenance

The crypto market peaks in mid-to-late March 2025 before a…
Methodology version
v1.0.0
Last computed
July 5, 2026
Made on
2025-01-06

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Evidence firstMethodology