Prediction record

Hitcrypto

Bitcoin will steadily increase in price over the next several years before plateauing again.

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecryptomarkets

Scored record

Hitcrypto

we're probably just going to be steadily increasing for the next several years before plateauing again

Bitcoin will steadily increase in price over the next several years before plateauing again.

Made on
2020-06-11
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

Criterion

Resolution status
resolved
Resolved on
2023-06-11

Bitcoin's price is net higher over the ~3 years following mid-2020, exhibiting a general uptrend rather than decline.

Criterion (net higher over ~3 years mid-2020→mid-2023, general uptrend rather than decline) is met: BTC is roughly 3x higher at the June-2023 deadline. A severe 2022 bear market (peak ~$69k → trough ~$16k) sits inside the window, so 'general uptrend' holds on the endpoint/multi-year basis but not monotonically; noted for the scoring stage.

Sources

  • Bitcoin On-Chain Analysis

    YouTube ·

    Source

Outcome evidence

  • BTC closed June 2020 around $9,100–$9,500 (June 30, 2020 close ≈ $9,138; monthly avg ≈ $9,489).

    Evidence

  • BTC closed June 2023 around $27,000–$30,500 (June 30, 2023 close ≈ $30,477; monthly avg ≈ $27,763) — net roughly 3x higher over the ~3-year window.

    Evidence

  • Interim path: BTC first broke $20k Dec 2020, reached an all-time high near $69,000 on Nov 10, 2021, then fell to ~$16k in late 2022 before recovering to the mid-$20ks by mid-2023 — a general uptrend across the period despite a large 2022 drawdown.

    Evidence

Corrections

  • tags: Bitcoin multi-year price-direction claim; 'crypto' is the most-central controlled tag.

Score contribution

+2.76
Confidence
80%
Outcome
Hit
Importance
3 / 5
Contribution
+2.76

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

Provenance

Bitcoin will steadily increase in price over the next sever…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2020-06-11

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Evidence firstMethodology