Samson Mow, a prominent figure in the cryptocurrency space, has recently hinted at a potential milestone for Bitcoin. In a social media post made approximately seven hours ago, Mow suggested that BTC may soon surpass its previous all-time high of $69,000.
The past four days have seen a notable uptrend in Bitcoin’s price, with a cumulative increase of over 21%. A particularly significant portion of this rise occurred within the last 24 hours, as Bitcoin reached a value of $64,000. As a result, Bitcoin is now within 10% of its all-time peak.BTC to USD by CoinMarketCap
Mow’s comments have sparked interest and speculation among industry observers. His suggestion that a new all-time high could be achieved within nine hours adds a sense of urgency to the situation. While Mow’s predictions are often followed closely by enthusiasts, it remains to be seen if this projection will come to fruition.
No rules
Seems like we’re going to get that new #Bitcoin ATH before the halving. It will put to rest the idea of “cycles” which can be scary for people because it means Bitcoin could just do anything at any time – which has always been the case. https://t.co/nMJG59pjVu— Samson Mow (@Excellion) February 29, 2024
Additionally, Mow’s remarks regarding Bitcoin’s potential to break its previous high before the halving event challenge prevailing notions of market cycles. This departure from traditional expectations underscores the unpredictable nature of cryptocurrencies.
As the cryptocurrency community eagerly awaits further developments, Mow’s insight has added another layer of anticipation to the market. If Bitcoin does indeed reach a new all-time high in the near future, it would mark a significant milestone for the digital asset and further solidify its position in the financial landscape.
