updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Davinci Jeremie, the Chilean software developer who became a crypto legend by urging followers to buy Bitcoin at $1, has reversed course and is now warning investors to sell their holdings.
The shift is significant precisely because of its source: Jeremie spent more than a decade as one of the asset class’s most recognizable long-term bulls, and his updated stance arrives as Bitcoin consolidates well off its October 2025 highs.
The Crypto Fear & Greed Index currently sits near 42/100, indicating Fear — a reading consistent with the broader caution that has settled over the market heading into mid-2026.
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Jeremie, known online as Davincij15, first purchased Bitcoin at roughly $1 per coin and went viral in May 2013 with a YouTube video titled “Bitcoin Update – just buy $1 worth of bitcoin please!”
The video, which has since accumulated 7.4 million views, was built on a straightforward asymmetric risk argument: losing a single dollar was trivial, but holding for a decade carried the potential to generate life-changing returns.
At the time of the video, Bitcoin was trading near $116.75. Those who followed his advice and held a single coin through the 2021 cycle peak near $61,000 saw returns exceeding 52,000%.
That track record is precisely what lends weight to the current Bitcoin Sell Warning he has issued. When figures associated with the 2013 cohort, individuals who rode Bitcoin from double digits to six figures — begin publicly exiting positions, it represents a meaningful psychological data point for the market. Jeremie is not a latecomer issuing a contrarian call for attention. His credibility on Bitcoin is structural, built over more than a decade of documented conviction.
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In a recent interview with Sujal Jethwani of The Street, Jeremie outlined his current read on market structure and the forces he believes are shaping Bitcoin’s near-term trajectory. His Crypto Market Analysis centers not on technical deterioration alone but on what he characterizes as deliberate accumulation by deep-pocketed actors at the expense of retail participants.
Jeremie specifically pointed toward the influence of the Trump family, stating: “It’s clear right now the Trump family wants to push crypto down so that they can get as much as they want.” He framed this within a broader observation about time horizons, that ultra-wealthy participants operate on five-to-ten-year cycles, while most retail investors chase returns over twelve to twenty-four months.
“No, dude, it doesn’t work that way,” he said, pushing back against the expectation of rapid millionaire-making timelines.
His view is that the October 10, 2025 crash, during which Bitcoin fell from $122,000 to $105,000 in hours, liquidating over $19 billion in leveraged positions and wiping out more than 1.6 million trader accounts — was not a random deleveraging event.
Jeremie suggests it was a coordinated move by powerful players to shake out retail exposure and accumulate at lower prices. He has since expressed skepticism about near-term recovery, stating that the most likely scenario is further downside, with a best case being a return to prior all-time highs rather than a meaningful extension above them.
Source: BTCUSD / TradingView
Notably, Jeremie has said Bitcoin at $100,000 did not excite him, a striking admission from someone who spent years forecasting exactly that kind of appreciation. That emotional flatness at a historic price level may be the clearest signal of his shifted conviction.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Daniel Frances is a technical writer and Web3 educator specializing in macroeconomics and DeFi mechanics. A crypto native since 2017, Daniel leverages his background in on-chain analytics to author evidence-based reports and deep-dive guides. He holds certifications from The Blockchain Council, and is dedicated to providing “information gain” that cuts through market hype to find real-world blockchain utility.
Jeremie Davinci, a cryptocurrency influencer and one of the earliest adopters of Bitcoin, has recently shared a prediction about the future price of the leading crypto. According to Davinci, Bitcoin price could soar to $350,000, though he did not specify a timeline for this forecast. His analysis is grounded in BTC’s historical performance and its correlation with mining costs.
In a recent post on X (formerly Twitter), Jeremie Davinci outlined his perspective on Bitcoin’s potential price trajectory. He emphasized the correlation between the cost of mining one Bitcoin and its eventual market value. According to Davinci, Bitcoin has historically demonstrated an ability to surpass its mining cost by a factor of five during bull market cycles.
Currently, the estimated cost to mine one Bitcoin stands at $70,000, considering the expenses incurred by miners using advanced equipment and low-cost energy sources. Based on this metric, Davinci speculated that Bitcoin could eventually reach $350,000 if past trends hold. He highlighted the immense potential of Bitcoin, referring to its unique properties as a digital asset that combines scarcity and utility.
Davinci refrained from providing a specific timeline for his forecast, focusing instead on the factors that influence Bitcoin price. He emphasized that his projection relies on historical patterns rather than short-term speculation.
Moreover, this prediction comes amid the rising dominance of institutions buying Bitcoin, with $100 billion worth of BTC accumulated by giants like BlackRock, MicroStrategy, and Fidelity. Their aggressive buying signals confidence in Bitcoin’s long-term growth potential.
Jeremie Davinci’s prediction stems from the close relationship between Bitcoin’s mining cost and its price in the market. Mining costs are determined by the resources required to validate transactions and secure the blockchain, including electricity and specialized equipment. As these costs rise, they often set a baseline for Bitcoin price.
Historically, Bitcoin price has outperformed its mining costs during bullish periods. For example, in previous cycles, Bitcoin surged to valuations above the breakeven cost for miners. Davinci pointed out that this trend demonstrates the economic incentives embedded in the cryptocurrency’s design.
The dynamics of Bitcoin’s supply play a critical role in shaping its price trends. After the most recent halving event in April 2024, the block reward for miners was reduced to 3.125 BTC. Halving events, which occur every four years, are designed to reduce the rate at which new Bitcoin is created, ultimately capping the total supply at 21 million coins.
With nearly 20 million Bitcoins already mined, the remaining supply is limited, adding to the asset’s scarcity. Historically, Bitcoin price has often experienced upward momentum following BTC halving events due to reduced supply pressure.
While Jeremie Davinci’s forecast paints an optimistic picture, Bitcoin’s recent market performance has exhibited volatility. Earlier this week, Bitcoin dropped below $96,000 after reaching $102,000, prompting varied reactions from market participants. Renowned investor Robert Kiyosaki celebrated the dip, calling it an opportunity for accumulation at a discounted price.
More so, analysts have also supported the “buy the dip” narrative, leveraging historical trends and current market signals. CryptoQuant’s Spent Output Profit Ratio (SOPR) indicator, which is currently at 0.987, highlights that short-term Bitcoin holders are selling at a loss. Historically, such scenarios have often preceded a market rebound.
According to CryptoQuant analyst MAC.D, the pain experienced by these short-term investors typically marks an opportune moment for accumulation.
At the time of writing, Bitcoin is trading at approximately $94,100, showing resilience despite short-term corrections.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
But it is just a joke and not exactly, but kind of true, he later declares
Jeremie Davinci is a famous Bitcoin enthusiast and early crypto adopter. He earned his popularity in recent years when the video of him advising to “just buy $1 worth of Bitcoin” nine years ago suddenly resurfaced and quickly gained about four million views on Youtube.
Nine years later, Jeremie continues to actively push crypto and, especially, Bitcoin. In the recent tweet, though being pro-Bitcoin, Jeremie stated that he sold everything except famous “already-not-memecoins,” DOGE and SHIB.
I sold everything except $Shib and $Doge!
— Davinci Jeremie (@Davincij15) June 6, 2022
However, Jeremie knows it is better not to play around these two tickers on Twitter, with both Dogecoin and Shiba Inu having communities so big they call themselves armies. That is why he rushed to explain that his tweet was just a joke, but he left a kind of hint saying that his selling everything is “not exactly but kind of true.”
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Not exactly but kind of true. pic.twitter.com/YN0GVxOLnh
— Davinci Jeremie (@Davincij15) June 6, 2022
In the last few days, both DOGE and SHIB have been trading intensely flatly, and neither news about the increased adoption of both coins as a means of payment or about the implementation of deflationary mechanisms can bring them to their senses and somehow cheer up the coins’ prices.
At the same time, Bitcoin dominance continues to grow as a risk-off period is coming to the markets, and the oldest cryptocurrency is being treated as Gold 2.0 by many investors or as a so-called safe haven in which one can outlast the storm on the financial markets.
Again, neither DOGE nor SHIB have ever gone through a true bear cycle or even a scary crypto winter, so they do not seem like a good investment right now, and it might be worth revisiting some of Jeremie’s old videos and mantras.
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