Full record

Missmarkets

In the bear market following this cycle's peak, Bitcoin will bottom out between $30,000 and $50,000

A scored prediction by Benjamin Cowen, made on .

VideoQuote from the original sourcemarkets

Scored prediction

Missmarkets

probably bottom out maybe between 30 to 50 000

In the bear market following this cycle's peak, Bitcoin will bottom out between $30,000 and $50,000

Made on
2020-10-30
Outcome
Miss
Importance
3 / 5
Effect on score
-0.84

What counted as right

Status
resolved
Settled on
2022-11-21

The low of the bear market following the 2020–2024 cycle peak is between $30,000 and $50,000

Clear resolution. Criterion anchors on 'the 2020-2024 cycle peak,' i.e. the ~$69k Nov 2021 top. The subsequent bear bottomed at ~$15.5k (Nov 21, 2022), roughly half the low end of the predicted $30k-$50k band — prediction false. Deadline (2025-12-31) has passed and BTC never made a lower low near $30-50k after; the ~$15.5k Nov 2022 print stands as the bear low. No conflicting evidence.

Sources

  • Bitcoin Logarithmic Regression

    YouTube ·

    Source

Evidence of what happened

  • The bear market following the 2020-2024 cycle peak (~$68,789, Nov 2021) bottomed at approximately $15,476-$15,742 on 2022-11-21, driven by the FTX collapse — a ~77% drawdown from the peak. This low is far BELOW the predicted $30,000-$50,000 range.

    Evidence

  • Corroboration of the sub-$16k November 2022 bottom following the FTX collapse.

    Evidence

Corrections

No public corrections.

Effect on the score

-0.84
How sure they sounded
80%
Outcome
Miss
Importance
3 / 5

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

Where this came from

In the bear market following this cycle's peak, Bitcoin wil…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2020-10-30

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