Bitcoin Hits New Heights: Samson Mow Unveils the ‘God Candle’ Phenomenon!

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In the larger digital currency market, the fluctuations in Bitcoin (BTC) and some leading altcoins among the top 10 have caused ripples. As a proponent of Bitcoin, Samson Mow has drawn attention to the “God Candle” pattern evident on Bitcoin’s graph. He paired his comment with an “Omega” symbol, expressing vigilance regarding the current trend.

Bitcoin Omega Candle: More to come

Over the last few weeks, when Bitcoin’s trading price was confined within a channel below $98,000 and then surged past that level, Mow consistently expressed his belief that the coin was underpriced. As previously reported by U.Today, the Bitcoin price has indeed surpassed its previous record high, reaching an impressive new peak of $109,114.88.

God Candle ✅

♎️👀

— Samson Mow (@Excellion) January 20, 2025

In the last 24 hours, the price of Bitcoin skyrocketed to an all-time high (ATH), surging from its previous low of $99,471.36 as part of a 5% surge, according to Samson Mow’s earlier predictions. This significant increase is only a small glimpse into what lies ahead for the leading digital currency. Based on his past theories, Bitcoin could potentially soar even higher, reaching up to $500,000 in the near term and possibly as much as $1 million in the long run.

His firm beliefs regarding Bitcoin have fueled his continuous efforts to bring more nation-states into the Bitcoin network.

BTC-Ripple effect on altcoins

Over the past week, I’ve noticed that while the digital currency landscape primarily concentrated on Bitcoin, several altcoins managed to outshine. Leading the pack was XRP, which surpassed a seven-year price record by reaching an all-time high of $3.38.

Over the past weekend, Solana (SOL) surpassed market average performance as a fresh surge of meme coins swept through its platform. The excitement surrounding these novel token releases propelled the coin’s value to a record high price of $294.33.

1) The sector is rapidly progressing during an impressive upswing in its growth cycle. Even though not every coin has surpassed its all-time high, the benefits of the Bitcoin surge are being experienced broadly within the market.

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2025-01-20 14:02