Full record
HitcryptoBitcoin market conditions will turn from bearish to neutral, then show bullish signs, at some point during 2023
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hitcrypto“things will slowly start to turn around and go to neutral sometime in 2023”
Bitcoin market conditions will turn from bearish to neutral, then show bullish signs, at some point during 2023
- Made on
- 2022-12-14
- Outcome
- Hit
- Importance
- 3 / 5
- Effect on score
- +2.27
What counted as right
- Status
- resolved
- Settled on
- 2023-12-31
Bitcoin's trend/momentum shifts from bearish to neutral, with emerging bullish signals, at some point during 2023.
Criterion (trend shifts bearish→neutral with emerging bullish signals at some point during 2023) is well-supported by price-phase evidence: ~$16.5k start → ~$26k mid-year bottoming → ~$44k with sustained uptrend by year-end. Window fully elapsed. Outcome value not assigned.
Sources
Bitcoin: Comparing Bear Markets
YouTube ·
Evidence of what happened
Bitcoin opened 2023 in bearish conditions near ~$16.5k (Dec 2022/early-Jan 2023 was the tail of the FTX-driven bear market), consolidated, then entered a bottoming/recovery phase — BTC ~$25,897 on June 13, 2023 — a shift from bearish toward neutral.
Momentum turned clearly bullish in H2 2023: from mid-October bulls pushed price from ~$27,000 to ~$44,500, and BTC closed 2023 in the low-to-mid $40,000s (~$42k–$44k) — a full bearish→neutral→bullish transition realized within calendar 2023.
Corrections
No public corrections.
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 market conditions will turn from bearish to neutral…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2022-12-14
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources