Full record
HitmarketsThe ETH/BTC ratio will continue to decline in the near term
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hitmarkets“I do think the ethereum Bitcoin valuation is very much on borrowed time at this point and is likely going to continue to deteriorate to the downside”
The ETH/BTC ratio will continue to decline in the near term
- Made on
- 2023-04-09
- Outcome
- Hit
- Importance
- 3 / 5
- Effect on score
- +2.76
What counted as right
- Status
- resolved
- Settled on
- 2024-04-09
The ETH/BTC ratio is net lower at the horizon than at the utterance date.
Criterion ('net lower at the horizon than at the utterance date') is satisfied: ~0.065 → ~0.050 over 2023-04-09 to 2024-04-09, a decline of ~22%. Endpoint values computed from BTC/ETH spot prices on those dates and cross-checked against CoinGecko's 2023 range table; direction is unambiguous. Outcome/scoring deferred.
Sources
ETH/BTC Outlook: Shanghai Hard Fork
YouTube ·
Evidence of what happened
ETH/BTC at the utterance date (~2023-04-09) was roughly 0.065-0.066 (BTC ~$28.3k, ETH ~$1.86k). At the one-year horizon (~2024-04-09) it was roughly 0.050-0.051 (BTC ~$69k, ETH ~$3.5k). The ratio is net LOWER at the horizon than at utterance.
CoinGecko's ETH/BTC history table shows 2023 ranged 0.050 (low) to 0.077 (high), avg 0.063; the ratio only 'lost' the 0.05 level at the end of July 2024, meaning April 2024 sat just above ~0.05 — clearly below the April 2023 level near 0.065. Weakness through 2024 was driven by spot-BTC-ETF inflows from Jan 2024.
Corrections
No public corrections.
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
The ETH/BTC ratio will continue to decline in the near term- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2023-04-09
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources