Full record
HitmarketsThe 2021 crypto market cycle will include significant corrections / bear-market phases
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hitmarkets“there's going to be phases during the cycle where we could have significant corrections there's going to be bear markets despite what others might tell you”
The 2021 crypto market cycle will include significant corrections / bear-market phases
- Made on
- 2021-03-30
- Outcome
- Hit
- Importance
- 3 / 5
- Effect on score
- +2.86
What counted as right
- Status
- resolved
- Settled on
- 2021-05-19
At least one peak-to-trough decline ≥20% in the total crypto market occurs during the 2021 cycle
At least one ≥20% peak-to-trough decline in the total crypto market clearly occurred (April→July 2021, with the sharpest leg on 2021-05-19). resolved_on set to the date the ≥20% threshold was decisively crossed; the drawdown deepened to ~50%+ into July 2021. Criterion met; well-documented, no conflicting evidence.
Sources
Cardano Logarithmic Regression
YouTube ·
Evidence of what happened
May 2021 crash: BTC fell from ~$64,863 (2021-04-14) to ~$31,276 (2021-05-21), a ~45-53% drawdown; roughly $1 trillion in total crypto market value was wiped in a single week. Total-market peak-to-trough decline far exceeds the 20% threshold in the criterion.
Independent corroboration of the 2021 mid-year crypto correction and its scale (BTC ~-53% off the April high; broad market-cap collapse).
Corrections
No public corrections.
Effect on the score
+2.86- How sure they sounded
- 85%
- 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
The 2021 crypto market cycle will include significant corre…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2021-03-30
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources