Prediction record

Hitcrypto

Bitcoin undergoes at least a 10% price correction within the next few weeks (by ~April 2024).

A scored record for Benjamin Cowen, made on .

VideoPrimary sourcecrypto

Scored record

Hitcrypto

I have to imagine that sometime the next few weeks we'll probably get a 10% correction right

Bitcoin undergoes at least a 10% price correction within the next few weeks (by ~April 2024).

Made on
2024-01-05
Outcome
Hit
Importance
2 / 5
Contribution
+1.84

Criterion

Resolution status
resolved
Resolved on
2024-01-23

Bitcoin declines at least 10% measured by daily closes (Cowen's stated definition in the source — he explicitly disregards intraday wicks) at some point on or before 2024-04-05.

Criterion (>=10% peak-to-trough decline on or before 2024-04-05) is satisfied with a wide margin: the post-ETF-launch drop from ~$49k to ~$38.5k over 2024-01-11 to 2024-01-23 was ~20%+. resolved_on set to the trough date; the 10% threshold was actually breached within ~24-48h of the $49k peak in mid-January.

Sources

  • Bitcoin: Days Since X% Drawdown

    YouTube ·

    Source

Outcome evidence

  • Bitcoin peaked at ~$49,000 on 2024-01-11 (spot-ETF launch day), then sold off in a 'sell the news' rout, falling below $42,000 the next day (~-10% intraday) and continuing down.

    Evidence

  • The decline extended to a local bottom of ~$38,500-$39,600 on 2024-01-23 — a peak-to-trough drop of roughly 20-22% from the $49k high, well over the 10% threshold, and entirely within the window ending 2024-04-05.

    Evidence

Corrections

  • Resolution criterion: Faithfulness to the pundit's own operational definition given in the same video. Outcome unchanged: daily-close drawdown ~$46.9k→~$39.5k ≈ 16%, still a resolved hit.

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

Bitcoin undergoes at least a 10% price correction within th…
Methodology version
v1.0.0
Last computed
July 18, 2026
Made on
2024-01-05

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