Prediction record

Hitcrypto

Bitcoin cools off or undergoes a correction in Q1 2021

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecrypto

Scored record

Hitcrypto

i would imagine that it's more likely to cool off or or you know maybe have a correction in q1

Bitcoin cools off or undergoes a correction in Q1 2021

Made on
2020-12-30
Outcome
Hit
Importance
2 / 5
Contribution
+1.51

Criterion

Resolution status
resolved
Resolved on
2021-02-28

BTC experiences a cooldown or meaningful price correction (e.g., a notable drawdown or loss of upward momentum) at some point during Q1 2021.

Criterion (a notable drawdown or loss of upward momentum at some point in Q1 2021) was satisfied by the ~22% late-February correction. resolved_on set to the correction low-close date (2021-02-28). No conflicting evidence.

Sources

  • Bitcoin: What can we expect in Q1?

    YouTube ·

    Source

Outcome evidence

  • BTC underwent a meaningful correction in late Feb 2021: from a mid-Feb high near ~$58k it fell to a ~$45,138 close on 2021-02-28, an ~22% drawdown — a clear cooldown/loss of upward momentum within Q1 2021.

    Evidence

  • Historical data confirms the ~$58k-to-~$45k pullback in late February and a broader mid-quarter consolidation before the March recovery to ~$61.7k — consistent with a notable Q1 correction.

    Evidence

Corrections

  • tags: Bitcoin-specific claim; 'crypto' is the more central controlled-vocab primary tag than generic 'markets', for correct per-tag scoring.

Score contribution

+1.51
Confidence
65%
Outcome
Hit
Importance
2 / 5
Contribution
+1.51

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

Provenance

Bitcoin cools off or undergoes a correction in Q1 2021
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2020-12-30

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Evidence firstMethodology