Exactly 132 days ago, former Wall Street trader Josh Mandell made a bold Bitcoin prophecy, predicting its potential rise to $444,000 by November 5, 2024. The prophecy continues to be a hot topic in the crypto world.
Who is Josh Mandell?
Josh Mandell isn't just another crypto influencer. He's a seasoned trader with deep roots in traditional finance. His career path includes companies like Salomon Brothers and Caxton Associates. Mandell actively trades Bitcoin and shares insights on MicroStrategy (MSTR) stocks, lending credence to his opinions within the crypto sphere.
The Prophecy: Breakdown and Timeframe
On November 5, 2024, Josh Mandell made his prophecy regarding Bitcoin, based on the following key elements: 'When $84K becomes the base...,' suggesting stabilization above this mark, and '360 more ... A trio of fours, times a grand,' possibly hinting a rise to $444,000. The prophecy also involves pivotal dates—November 7, 2024, January 16, 2025, and March 14, 2025—each indicating critical changes in Bitcoin's price dynamics.
Could Bitcoin Really Reach $444K?
Though $444,000 seems ambitious, it's not entirely improbable. The rise could be driven by Bitcoin's historical four-year cycle patterns, institutional interest, and global economic trends. Even if Josh's forecast doesn't fully materialize, his analysis points towards a potentially significant price surge for Bitcoin.
Josh Mandell’s Bitcoin prophecy remains a focal point with considerable chances of coming true. Time will reveal if Bitcoin reaches the predicted peak.