The crypto community is buzzing with excitement as Bitcoin continues its powerful bull run, surging past $118,650 with a 6.85% gain in the last 24 hours. Bitcoin maximalist and JAN3 CEO Samson Mow added fuel to the fire with a chilling post on X
“There’s not enough #Bitcoin for everyone.”
As institutional demand grows rapidly, the race to acquire Bitcoin’s limited supply has intensified, making this rally impossible to ignore.
Bitcoin’s breakout was marked by what Mow calls the “Omega Candle,” a single hourly candle that spiked 3.09%, signaling a powerful move upward.
Influencers like Mow and Michael Saylor of MicroStrategy called attention to the momentum shift, noting that short sellers may have been caught off guard and liquidated.
Mow, who famously predicted a $1 million Bitcoin, now sees the price at 11.6% of his forecast, reinforcing long-term bullish sentiment.
This rally isn’t just hype. Bitcoin’s fixed supply of 21 million coins is being rapidly absorbed by institutional players. Bitcoin ETFs, corporate treasuries, and firms like BlackRock and MicroStrategy are stacking BTC aggressively, creating a supply shock. Mow tweeted,
“You can still buy Bitcoin for less than $0.2M.”
…suggesting the window to buy below $200K may be closing fast.
The demand-supply imbalance underscores Bitcoin’s position as a hedge against inflation and a safe-haven asset during times of economic uncertainty.
Bitcoin’s surge to $118,650 validates Mow’s bullish outlook. With institutional adoption accelerating and supply drying up, the crypto king might be headed for even greater highs.
As the market braces for what could be a historic breakout, one question remains: Will Bitcoin continue its unstoppable climb?
As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.
With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030.
As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98
By 2050, a single BTC price could go as high as $377,949,106.84
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