A Bitcoin price prediction by NBA legend Scottie Pippen from September has resurfaced, creating quite a buzz in the crypto community.
Then, Pippen said he dreamt of enigmatic Bitcoin creator Satoshi Nakamoto telling him that the leading cryptocurrency was going to hit an all-time high by early November.
The Dream With Satoshi
Widely regarded as one of the greatest players in NBA history, Pippen is a well-known celebrity advocate of Bitcoin and actively uses his social media presence to promote the cryptocurrency. He forayed into the crypto space in 2022 by debuting his non-fungible token (NFT) collection. He also indicated interest in Ethereum and Solana.
On September 3, Pippen took to the social media platform X to share in a post that Satoshi Nakamoto had appeared in his dream to predict that the apex crypto would reach $84,650 on November 5th. However, he added that this was not any financial advice.
Satoshi Nakamoto visited me in my dream last night and predicted that #Bitcoin would be at $84,650 on November 5, 2024. Not financial advice.
— Scottie Pippen (@ScottiePippen) September 3, 2024
Interestingly, Pippen’s revelation came at a time when strong bearish sentiment swept through the industry with Bitcoin falling to $55,602 following a dismal day for U.S. stocks. The NBA legend’s price prediction attracted different reactions from X users, with some ridiculing how outrageous such a dream could get and others questioning the timing of his prediction.
Fast forward to this month, while Bitcoin did not achieve Pippen’s predicted price on the said date, the apex cryptocurrency soared as high as $76,460 on that day following Donald Trump’s election victory.
Bitcoin has currently achieved and even surpassed the price target a few days after the said date. At press time, the asset is trading at $88,773, a 4.12% increase in the last 24 hours.
Although the prediction was made about two months ago, Bitcoin’s impressive price performance has brought attention back to Pippen’s post with many X users expressing shock as his assertion came true. This is because the U.S. presidential election, which took place on November 5, is one of the catalysts of the current price rally.
Market Outlook
With bullish sentiments sweeping through the crypto market, analysts expect that the top cryptocurrency will experience more price surges.
A CNBC report predicted that Bitcoin could hit $100,000 before January 20, 2025, as bullish economic factors like the change of financial policies and Trump’s pro-crypto stance would drive the asset upwards.