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The previous accurate prediction point-hitting Bitcoin oracle Josh Mandell shared his new BTC price prediction: "It will first shoot up here, then drop by 84%"
Experienced trader Josh Mandell, known for his accurate predictions in the Crypto currency world, has made a striking price forecast for Bitcoin.
Mandell stated, "I sincerely believe we are heading to 444 thousand dollars, after which there will be a drop from 444 thousand to 84 thousand. This means an 81% drop... and this view is not just mine in the Bitcoin community."
Josh Mandell stands out among those who have transitioned from the traditional finance world to the crypto markets. His career began at Salomon Brothers, one of Wall Street's legendary investment banks, and continued at prestigious hedge funds like Caxton Associates. Although Mandell is technically retired, he remains active especially in the crypto currency markets and has a significant following on the X ( platform, formerly known as Twitter).
Mandell's latest prediction holds special significance for investors considering his past success. In his prediction made when Bitcoin was around $74,000 in November 2024, he suggested that the price would reach exactly $84,000 by March 14, 2025. This forecast was realized to the millimeter. Bitcoin reached exactly $84,000 on March 14, confirming Mandell's prediction point by point. This accurate forecast created astonishment even among experienced traders and increased interest in Mandell's analytical methods.