Full record
HitcryptoThe Bitcoin/crypto market enters a cool-off phase in the months following the April 2024 halving (later in 2024)
A scored prediction by Benjamin Cowen, made on .
Scored prediction
Hitcrypto“I do expect some type of cool off phase ... as we get beyond these main narrative driven things right the having”
The Bitcoin/crypto market enters a cool-off phase in the months following the April 2024 halving (later in 2024)
- Made on
- 2024-03-11
- Outcome
- Hit
- Importance
- 3 / 5
- Effect on score
- +2.76
What counted as right
- Status
- resolved
- Settled on
- 2024-08-05
Bitcoin (or the broad crypto market) undergoes a cool-off — consolidation or decline from a local high — at some point between the April 2024 halving and 2024-12-31.
Criterion (BTC/broad crypto undergoes a cool-off — consolidation or decline from a local high — between the April 2024 halving and 2024-12-31) is clearly met: sideways/declining April-July 2024 and a ~33% drawdown from the March 2024 local high, with the sharp August 5, 2024 sell-off (~$49K) as the marked instance. resolved_on set to that clear cool-off low; the broader consolidation spans summer 2024. Prediction direction matched; no outcome value assigned. Deadline 2024-12-31, now past.
Sources
Bitcoin: Bull Market Support Band
YouTube ·
Evidence of what happened
Bitcoin's post-April-2024-halving performance was the weakest of any halving cycle: BTC traded sideways from April to July 2024 and endured a ~32.7% pullback from its March 2024 high into August 2024 — an unambiguous cool-off/consolidation-and-decline from a local high within the April-2024-to-2024-12-31 window.
Fidelity's one-year-later review confirms the muted, choppy post-halving action through summer 2024 (dips including the early-August 2024 global risk-off), consistent with a cool-off phase rather than an immediate rally.
Corrections
- Quote wording: Stored verbatim not spoken contiguously; restore the pundit's actual words (present in context). Meaning and canonical claim unchanged.
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 Bitcoin/crypto market enters a cool-off phase in the mo…- Methodology version
- v1.0.0
- Last computed
- August 2, 2026
- Made on
- 2024-03-11
How this profile was built
Scored by independent judges
Predictions gathered and sourced
Independently verified against sources