#BitcoinBounceBack An analyst known as Bitcoin Nostradamus, Josh Mandell, made an accurate prediction about Bitcoin's price last night. He forecasted that if Bitcoin were to close between $80,000 and $84,000 by the end of the day (London time, UTC0), it would indicate that the rally could continue and potentially push Bitcoin to $100,000 by month's end. However, if Bitcoin closed above $84,000, it would signal a decline and a failed recovery rally.
Mandell specifically noted that if Bitcoin closed exactly at $84,000, it would mark "historical movements." To the surprise of many in the crypto community, the price closed at $83,980, just shy of $84,000, signalling that the rally would continue, but at a more modest pace.