The apparition of Bitcoin‘s unyielding ascent has entranced the crypto community, its value catapulting past $118,650 with a 6.85% gain in the last 24 hours – a phenomenon that has left even the most stalwart skeptics aghast 🤯. Samson Mow, the indefatigable Bitcoin maximalist and JAN3 CEO, has fanned the flames of frenzy with a portentous post on X:
“There’s not enough #Bitcoin for everyone.” 🚨
As institutional demand mushrooms, the scramble to claim a share of Bitcoin’s finite supply has reached a fever pitch, rendering this rally an unstoppable force of nature 🌪️.
The ‘Omega Candle’: A Harbinger of Frenzy
Bitcoin’s breakout was heralded by the “Omega Candle,” a solitary hourly candle that skyrocketed 3.09%, signaling an irreversible trajectory upward 🚀. Influencers like Mow and Michael Saylor of MicroStrategy have sounded the alarm, warning that short sellers may have been caught off guard and liquidated 💸.
Mow, the Nostradamus of Bitcoin, who once predicted a $1 million valuation, now beholds the price at 11.6% of his forecast, reinforcing the long-term bullish zeitgeist 🔮.
- Also Read:
- Crypto Liquidations Top $1 Billion as Bitcoin Hits New All-Time High 📊
A Scarcity Crisis of Epic Proportions
This rally is no chimera. Bitcoin’s inelastic supply of 21 million coins is being voraciously devoured by institutional players. Bitcoin ETFs, corporate treasuries, and behemoths like BlackRock and MicroStrategy are accumulating BTC with reckless abandon, precipitating a supply shock 🚨. Mow tweeted,
“You can still buy Bitcoin for less than $0.2M.” 🤑
…hinting that the window to purchase below $200K may be slamming shut with alarming rapidity ⏰.
The demand-supply disequilibrium underscores Bitcoin’s status as a bulwark against inflation and a safe-haven asset during times of economic turbulence 🌪️.
The Rally That Shatters Records
Bitcoin’s ascension to $118,650 vindicates Mow’s bullish prognosis. With institutional adoption accelerating and supply dwindling, the crypto king may be poised for even more dizzying heights 🚀.
As the market holds its collective breath in anticipation of a potentially historic breakout, one question hangs precariously in the balance: Will Bitcoin continue its unrelenting climb? 🤔
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FAQs
How much will 1 Bitcoin cost in 2025?
According to Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains 📈.
How much will 1 Bitcoin be worth in 2030?
With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030 🚀.
How much will the price of Bitcoin be in 2040?
As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98 🤑.
How high will Bitcoin go in 2050?
By 2050, a single BTC price could go as high as $377,949,106.84 🤯.
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2025-07-11 16:44