$BTC

A $100,000 UNTIL THE END OF MARCH.

Veteran Wall Street investor predicted the fall of bitcoin shares new forecast for the asset's price

Josh Mandell shared a new projection about the future of the cryptocurrency, indicating room for new highs in the short term

Published on March 18, 2025, at 4:52 PM.

Josh Mandell, a veteran Wall Street investor who worked at major market funds, caught the attention of the crypto world in recent days after sharing a new projection for the price of bitcoin. The forecast attracted the interest of other investors after he correctly predicted the cryptocurrency's downturn.

Mandell stated that March 14 could be important for bitcoin. He mentioned that if the cryptocurrency hit a price of $84,000, that value would become the base for a new intense bull cycle, suggesting that the cryptocurrency could skyrocket to around $444,000.

He further explained that the jump of bitcoin to $444,000 would depend on the crypto price exactly at 11:59 PM on that day.

"If bitcoin stays between $80,000 and $84,000, it means that the bull cycle will continue, likely until $100,000 by the end of the month. If it closes exactly at $84,000, we will see historic price movements. And if it stays above $84,000, it will continue to decline and the bull cycle will end," he explained.

The trend is that the asset will resume an appreciation movement, but without major records.

"I think we received a green light for a modest continuation of the rise until the end of the month. Not the rare explosion, which depended on the exact $84,000, but a movement to over $100,000 to secure enough gains for the S&P 500," he commented.