Full record
HitcryptoThere will be a substantial correction across the crypto asset class within the next several months.
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hitcrypto“i do think at some point in the next several months we will have a substantial correction that will be relatively scary”
There will be a substantial correction across the crypto asset class within the next several months.
- Made on
- 2021-03-10
- Outcome
- Hit
- Importance
- 3 / 5
- Effect on score
- +2.27
What counted as right
- Status
- resolved
- Settled on
- 2021-05-19
Total crypto market cap (and/or Bitcoin) undergoes a peak-to-trough decline of ≥20% at some point within the window (by 2021-09-10).
Criterion (≥20% peak-to-trough decline in total crypto market cap and/or Bitcoin within window) is clearly met by the May 2021 crash: BTC ~-52% and total market cap fell sharply from its ~$2.5T peak. resolved_on set to 2021-05-19, by which the ≥20% threshold was decisively crossed. No conflicting evidence.
Sources
Bitcoin: Impulse
YouTube ·
Evidence of what happened
Bitcoin fell from its $64,895 peak (2021-04-14) to ~$31,000 by 2021-05-19 (~52% peak-to-trough) and to ~$29k–30k in late June/July 2021 — a >50% decline, far exceeding the ≥20% threshold, all inside the 2021-03-10→2021-09-10 window.
Chainalysis: the May 2021 crash was a broad, class-wide correction driven by retail selling; total crypto market cap fell from ~$2.5T peak with nearly all major assets down double-digit percentages (ETH ~-40%, DOGE ~-45%).
Corrections
- tags: Crypto-asset-class claim; 'crypto' is the more precise controlled-dictionary tag. Optional refinement.
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
There will be a substantial correction across the crypto as…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2021-03-10
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources