Prediction record

Hitcrypto

Bitcoin's price reaches approximately $50,000 by end of 2024

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecryptomarkets

Scored record

Hitcrypto

fair value by 2024 would be about 50k

Bitcoin's price reaches approximately $50,000 by end of 2024

Made on
2021-03-03
Outcome
Hit
Importance
3 / 5
Contribution
+2.86

Criterion

Resolution status
resolved
Resolved on
2021-11-10

Bitcoin's spot price reaches at least ~$50,000 (≥$40k allowing the 'about' framing) at some point on or before 2024-12-31.

Criterion easily met. BTC was already trading near $50k around the made_on date (early 2021), reached ~$69k in Nov 2021, briefly dipped below $50k in 2022-2023, and reconquered $50k in Feb 2024 before topping $100k in Dec 2024 — all inside the on-or-before-2024-12-31 window. resolved_on set to the first clearly documented ≥$50k point inside the window (Nov 10 2021 ATH).

Sources

  • Bitcoin Logarithmic Regression: Reconciling Two Models

    YouTube ·

    Source

Outcome evidence

  • Bitcoin reached an all-time high of ~$68,982 on 2021-11-10 (Coinbase print ~$69,225), far exceeding $50,000 — the criterion of reaching ≥~$50k at some point on or before 2024-12-31 was met well within the window.

    Evidence

  • Bitcoin again broke $50,000 on 2024-02-12 (first time since Dec 2021), reconfirming the level was above $50k inside the window; it later exceeded $100,000 in Dec 2024.

    Evidence

Corrections

  • tags: Bitcoin price bet; 'crypto' primary, 'markets' secondary.

Score contribution

+2.86
Confidence
85%
Outcome
Hit
Importance
3 / 5
Contribution
+2.86

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

Provenance

Bitcoin's price reaches approximately $50,000 by end of 2024
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2021-03-03

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Evidence firstMethodology