Prediction record

Hitcrypto

Bitcoin falls below $29,000–$30,000, breaking the summer-2021 lows

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecryptomarkets

Scored record

Hitcrypto

there's a fairly good chance we end up going below 30k and going below the summer lows

Bitcoin falls below $29,000–$30,000, breaking the summer-2021 lows

Made on
2022-05-07
Outcome
Hit
Importance
3 / 5
Contribution
+2.27

Criterion

Resolution status
resolved
Resolved on
2022-06-13

BTC trades below $29,000 (breaking the summer-2021 lows) at some point within the window.

Summer-2021 low was ~$29,300 (Jul 2021). BTC broke below $29k on 2022-06-13 and continued to a ~$17,600 macro low later that month, comfortably inside the 2022-05-09→2025-05-09 window.

Sources

  • Bitcoin Bull Market Support Band

    YouTube ·

    Source

Outcome evidence

  • On 2022-06-13, BTC fell as much as ~16-17% to roughly $21,910–$22,603 (18-month low) after Celsius froze withdrawals — decisively below $29,000 and below the summer-2021 lows (~$29,000–$30,000). Criterion (BTC trades below $29,000 within window) satisfied.

    Evidence

  • CoinDesk June 2022 wrap: Bitcoin slumped ~37.3% in June 2022 (biggest monthly drop in 11 years), collapsing well below the prior summer's lows.

    Evidence

Corrections

  • Date: Verbatim is in D10xWiu157A (uploaded 2022-05-07), not the cited b8o0qkX1pgU.
  • horizon deadline: Default 36-month price horizon anchored to corrected made_on 2022-05-07.
  • tags: TAG_DICTIONARY: BTC price/level bet is 'crypto' (primary) + 'markets' (secondary); enforced for consistency with the other BTC-price records in this set.

Score contribution

+2.27
Confidence
65%
Outcome
Hit
Importance
3 / 5
Contribution
+2.27

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

Provenance

Bitcoin falls below $29,000–$30,000, breaking the summer-20…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2022-05-07

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