On Nov. 6, 2024, popular millionaire crypto trader Josh Mandell posted a rather cryptic post in the form of a lyric on X (formerly Twitter) that Bitcoin will hit the price mark of $84,000 on March 14, 2025. After closing at this price mark, Bitcoin will soar to $444,000.
Mandell’s first prediction was spot on as the king coin indeed soared from over $80,000 to over $84,700 on March 14.
When his prediction came true, Mandell claimed that this is how the rules work. He added that while BTC crossing above $84,000 would have led to a price drop, hovering within the range of $80,000 and $84,000 should lead to a rally. He expected BTC to hit the price mark of $100,000 by the end of March.
As per his X bio, Mandell is a former trader who had worked for Wall Street giants such as Salomon Brothers and Caxton Associates. He is an active trader who amassed a following of nearly 96,000 followers on X by posting his astute analyses of the crypto markets.
Mandell’s portfolio has grown from $2 million to over $23 million within a year through most trades in Bitcoin and Strategy. Note that Strategy , helmed by Michael Saylor, is the largest corporate holder of Bitcoin.
As per Kraken's price feeds , Bitcoin was exchanging hands at $84,445.29 at press time. It has recorded a surge of 23% within a year as its market capitalization stood at $1.6 trillion.