A pseudonymous crypto analyst is bullish on Bitcoin BTC/USD, predicting it should reach a stark target of $1.3 million by December.
What Happened: Pentoshi told his 670,000 followers on Twitter, “I got to this number by using the January gain average of 42% monthly.”
The analyst added: “will be back around then to take profits. Easy math.”
Dogecoin DOGE/USD founder Shibetoshi Nakamoto mocked the analyst, saying, “he did the math.”
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While it may seem that Pentoshi’s math was off, when a Twitter user responded to him saying, “I will put a $5,000 bet on this. You down?” the analyst replied mockingly, “How about $1M that it doesn’t happen. If it doesn’t. I win. And if it does I’ll pay you 2.5m.”
Price Action: DOGE was trading at $0.085 down 1.50% in the last 24 hours, according to Benzinga Pro data.
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