Full record

Hitmarkets

Bitcoin puts in a local price top in April 2024

A scored prediction by Benjamin Cowen, made on .

VideoQuote from the original sourcemarkets

Scored prediction

Hitmarkets

โ€œBitcoin will put in a local top sometime around Aprilโ€

Bitcoin puts in a local price top in April 2024

Made on
2024-03-28
Outcome
Hit
Importance
3 / 5
Effect on score
+2.86

What counted as right

Status
resolved
Settled on
2024-05-06

BTC/USD forms a local top (a high not exceeded for >=4 weeks) during April 2024.

Clean resolution. Criterion = a high not exceeded for >=4 weeks formed during April. The Apr 8, 2024 high (~$71.6k close) was not exceeded through early June (June 6 close $70,757 was lower), satisfying the >=4-week condition. Resolved_on set to 2024-05-06, four weeks after the Apr 8 top, the point at which the >=4-week no-exceedance condition became confirmable. (The March 14 ATH of ~$73,750 sits above the April high, which is consistent with it being a *local*, not absolute, top.)

Sources

  • Bitcoin: Market Cycle Theory (Normal Cycle or Left Translated?)

    YouTube ยท

    Source

Evidence of what happened

  • BTC daily-close data (StatMuse) shows an April 2024 local top on Apr 8, 2024 at $71,631 close (intraday ~$72k), the highest close of the month; BTC then fell, closing April at $60,637 (-15% for the month).

    Evidence

  • The Apr 8 high was not exceeded for well over 4 weeks: BTC traded in the ~$56.5k-$67k range through late April and May, and the subsequent June rebound peaked at only $70,757 close on Jun 6, 2024 โ€” still below the April 8 level.

    Evidence

Corrections

No public corrections.

Effect on the score

+2.86
How sure they sounded
85%
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 puts in a local price top in April 2024
Methodology version
v1.0.0
Last computed
August 2, 2026
Made on
2024-03-28

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