Bitcoin and crypto prices have bounced from their recent lows, with a White House leak revealing U.S. president Donald Trump could be plotting a bitcoin price bombshell.
The bitcoin price has topped $86,000, adding $10,000 since the beginning of the week, despite BlackRock’s chief executive issuing a serious warning.
Now, after Trump’s crypto czar said the U.S. Treasury will be working to “maximize the value” of its bitcoin, a legendary Wall Street trader’s huge bitcoin price prediction that could see the bitcoin price soar in coming months has hit its first milestone.
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The cryptic bitcoin price prediction of Josh Mandell, a legendary Wall Street trader, is for the … [+]
In November, X user Josh Mandell, who claims to be a retired Wall Street trader that previously worked at the legendary Salomon Brothers Wall Street giant, predicted in a cryptic post that bitcoin price would soar to $444,000 when $84,000 becomes the “base,” mentioning the date March 14 in the original post and then later confirming that March 14 is when he expected bitcoin price to “close” at $84,000.
“I hope that I have established a little credibility with a few of you so that this will help,” Mandell posted to X. “This time is different. The fourth turning is upon us.”
Mandell has built a following among traders on X, reportedly turning a $2.1 million bet on 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”—interpreted to mean the bitcoin price will hit $444,000 during this “cycle,” referring to bitcoin’s previous peaks and bottoms that it’s seen since 2010.
“If bitcoin were to close at $84,000 on March 14, it will ‘run the table,’” Mandell posted, adding he doesn’t want to “show his working” for how he came to the bitcoin price prediction that could see the bitcoin price hitting $100,000 by the end of March.
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The bitcoin price has dropped back from its peak but one bitcoin price prediction says it will … [+]
“The truth is that I have a very specific prediction based on memories of something that happened 30 years ago, combined with thoughts which seem ever present in my mind,” Mandell wrote.
Mandell’s correct call that the bitcoin price would “close” at $84,000 on March 14 has been met with incredulity from many bitcoin market watchers and traders on X.
“Josh Mandell either controls $10 billion of liquidity or speaks to angels,” one X user posted.
“If Josh Mandell is right, omega candles are coming,” posted Samson Mow, previously an executive with bitcoin developer Blockstream and who went on to found the Jan6 bitcoin wallet company, referring to sudden bitcoin price rises that create large “candles” on trading charts.