Bitcoin’s closing price on March 14th matches Josh Mandell’s $84,000 prediction

bitcoin

Bitcoin reached a closing price of $84,000 on March 14th, perfectly aligned with a prediction made by analyst Josh Mandell four months earlier. Mandell, well-known for his technical analysis, had initially mentioned the $84,000 target back in November 2024. His tweet didn’t garner much attention at first, but as the date drew near, some users revisited his forecast. By March 11th, discussions on various platforms speculated about the likelihood of his prediction coming true.

The price of Bitcoin had been quite volatile leading up to March 14th. After soaring to a high of $109,079 in December 2024 following shifts in U.S. Bitcoin policy, it later retracted to the $95,000 range due to profit-taking and regulatory uncertainties. On the day of March 14th, Bitcoin was trading slightly above $80,000 before eventually closing at $84,000. Mandell’s prediction was validated, prompting reactions on social media ranging from surprise to speculation about his methodology. Some attributed it to coincidence, while others suggested technical analysis and macroeconomic factors played a role.

Although Mandell has not publicly disclosed his exact reasoning, his past posts suggest he relies on chart patterns, market sentiment, and economic conditions to make his predictions. Factors such as the April 2024 Bitcoin halving, historically preceding price increases, and pro-Bitcoin U.S. political developments may have influenced his analysis. While some remain skeptical, arguing that price predictions could be self-fulfilling if enough market participants act on them, others see it as a statistical probability aligning with an outcome.

Similar discussions have surrounded the predictions made by JAN3 CEO Samson Mow, who accurately forecasted key political and policy events that later came to pass. Mow gained attention for his November 2024 predictions of a Trump victory, a pardon for Ross Ulbricht, and the establishment of a Strategic Bitcoin Reserve, all of which have unfolded by early 2025. Mandell’s and Mow’s prescient posts underscore the unexpected influence of grassroots voices in shaping Bitcoin’s narrative, with the current price holding steady at $84,000, in line with Mandell’s foresight.