Man With ‘World’s Highest IQ’ Claims Bitcoin Will Hit $220,000

A social media personality with an IQ of 276 and reportedly "the world's highest IQ" has predicted that the price of Bitcoin will reach $220,000 in the next 45 days.

This optimistic comment has sparked considerable skepticism and criticism within the community, as market analysts warn that key technical indicators are pointing to the start of a new recession.

The world's smartest person is optimistic about the price of Bitcoin

In a post on X, Younghoon Kim, who claims to have an IQ of 276, said he expects Bitcoin to reach $220,000 "in the next 45 days."

Kim said he has pledged to "spend 100% of his Bitcoin profits to build churches for Jesus Christ in every country."

The post, which included a video of Kim speaking directly to the camera, sparked a wave of skeptical reactions on the platform.

One X user wrote that Kim is a "fraud," while another joked that if his prediction turns out to be wrong, he'll have to "join our group of Bitcoiners with an IQ <80."

"As someone with an IQ of 67, I can tell he's reading from a script and has recorded this video at least three times. And he's making it all up," another X user wrote.

Market Bearish Signals

Cryptoanalysts are taking a completely different stance from Kim.

CCN analyst Valdrin Tahiri said Bitcoin has given a rare trio of bearish technical signals: a weekly close below the 50-week moving average, a drop in the Relative Strength Index (RSI) below 50, and a negative crossover in the MACD indicator.

"The last time these three things happened was in December 2021, signaling the start of a bear market," Tahiri said.

Tahiri expects Bitcoin to trade between $71,000 and $95,000 by the end of the year, with key support found at the lower end of this range.

According to a Forbes report, despite the recent decline in Bitcoin's price, JPMorgan analysts recently reiterated their long-term bullish outlook and said digital gold could reach $170,000 within 6-12 months.

The bank argued that Bitcoin's current global production cost is around $94,000, which now serves as a strong price ceiling around which Bitcoin is currently hovering.

Based on a gold-parity valuation model, JPMorgan estimated that if Bitcoin continues to narrow the gap with gold's $28.3 trillion private investment market, it could rise to around $170,000.

Is it possible to reach $220,000 in 45 days?

To reach $220,000 within 45 days, Bitcoin would need to rise more than twice from current levels and break its all-time high in the fastest bullish move in its history.