Exactly 129 days, a Bitcoin prophecy was born.
On November 5, 2024, Josh Mandell, a legendary Wall Street trader, called his shot when Bitcoin was trading at $74K.
Here is a breakdown of the prophecy and what it means for Bitcoin's price action this cycle.
A 🧵:
1/ Who is Josh Mandell?
Josh is a retired Wall Street trader with some of the most impressive credentials.
Per his Twitter bio, he has worked at Salomon Brothers during its heyday of 1990-98 (remember Liar's Poker? 😉).
Most recently, he was a Trader at Caxton Associates, a $12 Billion AUM Hedge Fund with headquarters in New York, Singapore, Monaco and Dubai.
2/ Why Should You Trust His Bitcoin Judgement?
As the saying in Bitcoin goes, "Don't trust, verify".
That said, Josh Man has been trading Bitcoin/MSTR in public for the last year (you can see all his trades in his history).
He originally seeded this portfolio with $2.1 million (approximately 1 year ago).
As of March 7, 2025, it has ballooned to $22 million.
(By the way, it does not account for today's massive 12% pop in MSTR).
3/ The Prophecy
Below is a screenshot of the original post of The Prophecy.
Take a second to enjoy the poetry and become a witness to Bitcoin history.
4/ Decoding the Dates
Dates Mentioned: 11/7, 1/16/25, 3/14/25.
These could be specific points in time where the poster anticipates big moves or turning points in Bitcoin’s price cycle.
Let's see how he did.
11/7/24 - Bitcoin was $74K and is just beginning to break out.
1/16/25 - Bitcoin was $103K which marked the temporary local top.
3/14/24 (today) - The $84K base that he mentioned as the beginning of what he calls "The Fourth Turning".
Here is today's market close 👀
5/ When $84K Becomes the Base, What Happens Next?
“360 more … A trio of fours, times a grand”
This is likely referencing a move from $84K to around $444K (three fours, times $1,000).
The poem suggests that $444K is his ultimate top forecast for Bitcoin this cycle.
This is obviously not financial advice but do with this what you will.
If you enjoyed this post, please like and share it with a Bitcoin friend!
As an ex-Wealth Advisor recently featured in the WSJ, I write about Bitcoin-related content for fellow retail investors, Wealth Advisors and Bitcoin companies.
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.