Bitcoin and cryptocurrency values have rebounded from their recent dips, following a leak from the White House suggesting that U.S. President Donald Trump may be planning a significant announcement regarding bitcoin prices.
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This week, bitcoin prices surged past $86,000, increasing by $10,000 since Monday, despite a stark warning from BlackRock’s CEO.
Following Trump’s crypto advisor’s statement about the U.S. Treasury’s efforts to “maximize the value” of bitcoin, a celebrated Wall Street trader’s ambitious bitcoin price forecast has reached an initial milestone, suggesting potential dramatic growth in the upcoming months.
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Renowned Wall Street trader Josh Mandell cryptically predicts that the … [+]
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In November, Twitter user Josh Mandell, who identifies as a retired Wall Street trader from the esteemed Salomon Brothers, made a mysterious prediction that bitcoin could skyrocket to $444,000 once $84,000 establishes itself as the “base.” He referenced March 14 in his post as the date when he expects bitcoin to “close” at $84,000.
“I hope I have built some credibility with a few of you so this will resonate,” Mandell shared on Twitter. “This time is different. The fourth turning is upon us.”
Mandell has gained a following among traders on Twitter, reportedly transforming a $2.1 million investment in bitcoin and MicroStrategy into $23 million in just one year.
In a poem, Mandell wrote: “A trio of fours, times a grand, that’s the top, the bitcoin fades,” which many interpret as indicating a price of $444,000 during this “cycle,” linking it to bitcoin’s historical peaks and troughs since 2010.
“If bitcoin were to close at $84,000 on March 14, it will ‘run the table,’” Mandell noted, while choosing not to disclose how he arrived at his prediction that might see bitcoin reach $100,000 by the end of March.
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Despite recent declines, one bitcoin price prediction suggests it could … [+]
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“The reality is that I have a specific vision influenced by events from 30 years ago, intertwined with persistent thoughts,” Mandell articulated.
His accurate assertion regarding bitcoin closing at $84,000 on March 14 has led many market observers and traders on Twitter to express skepticism.
“Josh Mandell either commands $10 billion in liquidity or communicates with celestial beings,” one user remarked on Twitter.
“If Josh Mandell is correct, massive price spikes are imminent,” tweeted Samson Mow, formerly an executive at bitcoin developer Blockstream, referring to sudden surges in bitcoin prices that generate considerable “candles” on trading charts.
