Full record
HitcryptoBitcoin (BTC) will undergo a significant, sustained correction during 2021.
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hitcrypto“now at some point this year i should say whether it happens this week whether it happens in a month or whether it happens in say six months i do think we will have a sustained correction”
Bitcoin (BTC) will undergo a significant, sustained correction during 2021.
- Made on
- 2021-03-24
- Outcome
- Hit
- Importance
- 3 / 5
- Effect on score
- +2.27
What counted as right
- Status
- resolved
- Settled on
- 2021-05-19
BTC experiences a peak-to-trough drawdown of at least 20% at some point during 2021.
Criterion 'peak-to-trough drawdown of at least 20% at some point during 2021' satisfied within the 2021-03-24 → 2021-12-31 window. Threshold first met during the mid-May 2021 crash; deepened to ~50–55% by the July 2021 trough (~$29k). resolved_on set to the first date the 20% criterion was met (~2021-05-19).
Sources
Bitcoin: A Sustained Correction or Short-Lived?
YouTube ·
Evidence of what happened
After an April 2021 high of ~$64,800, BTC underwent a sharp, sustained correction — a ~30% intraday crash on/around 2021-05-19 and a decline to ~$29,000–$30,000 by July 2021, roughly a 50–55% peak-to-trough drawdown, far exceeding the 20% threshold.
NYDIG / Fidelity drawdown analyses document the May–July 2021 ~55% drawdown from the April high to the ~$30k July trough during the 2021 up-cycle.
Corrections
- tags: BTC price-drawdown call: crypto primary + markets secondary per dictionary.
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
Bitcoin (BTC) will undergo a significant, sustained correct…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2021-03-24
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources