Full record

Hitcrypto

February 2021 is not the cryptocurrency market-cycle top; prices will make new highs later this cycle

A scored prediction by Benjamin Cowen, made on .

VideoQuote from the original sourcecryptomarkets

Scored prediction

Hitcrypto

i do not think we're at a market cycle top right now

February 2021 is not the cryptocurrency market-cycle top; prices will make new highs later this cycle

Made on
2021-02-10
Outcome
Hit
Importance
3 / 5
Effect on score
+2.27

What counted as right

Status
resolved
Settled on
2021-11-10

Total crypto market cap exceeds its February 2021 level at some later point on or before 2021-12-31 (i.e. Feb 2021 was not the cycle top).

Criterion (total crypto market cap exceeds its February 2021 level at some later point on or before 2021-12-31) is satisfied by a wide margin: the market roughly doubled from ~$1.4T (Feb 2021) to a ~$3T ATH in Nov 2021. resolved_on set to 2021-11-10, the widely reported first breach of the $3T all-time high.

Sources

  • Ethereum: A euphoric showstopper

    YouTube ·

    Source

Evidence of what happened

  • Total cryptocurrency market capitalization surpassed $3 trillion for the first time ever around November 8-10, 2021, far above the ~$1.4 trillion level of February 2021 — proving February 2021 was not the cycle top and that prices made substantial new highs later in the same 2021 cycle.

    Evidence

  • CoinMarketCap historical snapshot for late November 2021 corroborates the total market cap near its ~$3T all-time high, well above February 2021 levels.

    Evidence

Corrections

  • tags: Crypto market cycle claim; 'crypto' is the central primary tag.

Effect on the score

+2.27
How sure they sounded
65%
Outcome
Hit
Importance
3 / 5

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

Where this came from

February 2021 is not the cryptocurrency market-cycle top; p…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2021-02-10

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