Full record

Hitcrypto

Bitcoin's price will fall back during summer and the second half of 2023

A scored prediction by Benjamin Cowen, made on .

VideoQuote from the original sourcecryptomarkets

Scored prediction

Hitcrypto

we likely will see prices fall back in especially as we get into to the summer time and the second half of the year

Bitcoin's price will fall back during summer and the second half of 2023

Made on
2023-04-21
Outcome
Hit
Importance
3 / 5
Effect on score
+2.76

What counted as right

Status
resolved
Settled on
2023-08-17

Bitcoin trades at a lower price than the utterance-date level at some point during summer / H2 2023.

Criterion (BTC trades below the ~$27,326 utterance-date level at some point during summer/H2 2023) is clearly met: BTC spent much of August-October 2023 in the ~$25,000-$27,000 range, below the April 21 level, before the late-October rally. resolved_on set to the mid-August 2023 breakdown; the lower-than-utterance condition holds across an extended H2 window.

Sources

  • Bitcoin: Summer Lull 2.0?

    YouTube ·

    Source

Evidence of what happened

  • Utterance-date reference level: Bitcoin's closing price on April 21, 2023 was $27,326.18.

    Evidence

  • During H2 2023 BTC fell well below that level: it slumped to ~$25,370-$25,500 on/around August 31, 2023, probing the August low reached after the ~Aug 17-18 sell-off.

    Evidence

  • BTC August 2023 monthly close was $25,931.47 and the September 2023 average close was ~$26,306.14 — both below the April 21 level of $27,326, confirming BTC traded lower during summer/H2 2023.

    Evidence

Corrections

  • tags: Bitcoin price/level claim → crypto primary, markets secondary; ['markets']-only would misroute off the crypto sub-score.

Effect on the score

+2.76
How sure they sounded
80%
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's price will fall back during summer and the second…
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2023-04-21

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