Previous Mandell:

"If Bitcoin stays between $80,000 and $84,000, it means the bull cycle will continue, probably up to $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 fall and the bull cycle ends," he explained.

The projection caused great apprehension and attention from investors, until the time came and the cryptocurrency reached a value of $83,900. For Mandell, in this case, 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 $100,000 to ensure sufficient gains for the S&P 500," he commented.$BTC