Prediction record
HitcryptoCardano (ADA) undergoes at least one more ~60% pullback during the current market cycle
A scored record for Benjamin Cowen, made on .
Scored record
Hitcrypto“is probably not the only 60 pullback that ada will have during this market cycle”
Cardano (ADA) undergoes at least one more ~60% pullback during the current market cycle
- Made on
- 2021-05-31
- Outcome
- Hit
- Importance
- 2 / 5
- Contribution
- +1.84
Criterion
- Resolution status
- resolved
- Resolved on
- 2022-12-31
ADA experiences at least one additional peak-to-trough drawdown of ~60% or more during the current market cycle
Criterion (>=1 additional ~60%+ peak-to-trough drawdown during the current cycle) is unambiguously satisfied: the drawdown from the Sep-2021 peak far exceeded 60% and the ~92% total decline fell well inside the 2023-12-31 window. resolved_on set to 2022-12-31 as an unambiguous point where the threshold was already crossed; the 60% level was actually breached earlier in the decline. No conflicting evidence.
Sources
Cardano: The Racehorse For The Market Cycle
YouTube ·
Outcome evidence
ADA set a cycle all-time high of ~$3.10 on 2021-09-02, then entered a sustained decline: it closed 2022 near $0.24, roughly 92% below that peak. Well before year-end the drawdown had already exceeded the ~60% threshold (a 60% pullback from $3.10 is ~$1.24, a level ADA broke below during the Dec 2021–Jan 2022 selloff). So at least one additional peak-to-trough drawdown of ~60%+ clearly occurred within the current cycle before the 2023-12-31 deadline.
Independent price-history corroboration: ADA ATH $3.101 on 2021-09-02; crypto-winter drawdown through 2022 (Terra/LUNA in May, FTX in November) took ADA down ~92% from its high to close the year around $0.24–$0.25.
Corrections
- tags: ADA is a cryptocurrency; crypto price/drawdown bet takes 'crypto' primary + 'markets' secondary per the dictionary.
Score contribution
+1.84- Confidence
- 80%
- Outcome
- Hit
- Importance
- 2 / 5
- Contribution
- +1.84
This page displays the scored record as published; the website doesn't recompute or adjust the score.
Provenance
Cardano (ADA) undergoes at least one more ~60% pullback dur…- Methodology version
- v1.0.0
- Last computed
- July 18, 2026
- Made on
- 2021-05-31
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources