Bitcoin has reached a new all-time high at $123,091.61, prompting active discussions among experts and investors.
Bitcoin Surge and Expert Predictions
Bitcoin has once again surged to record levels, reaching $123,091.61. According to Samson Mow, CEO of JAN3 and a notable Bitcoin advocate, this is just the beginning. He states that "The Bitcoin bull market hasn’t even started yet," indicating that a real rally may still be ahead. Mow also noted that Bitcoin has outpaced inflation by 19%, affirming its role as a reliable hedge against long-term financial uncertainty.
Major Purchase by Strategy
Michael Saylor's company, Strategy, made headlines again by purchasing 4,225 BTC for $472.5 million. Their total holdings have reached 601,550 BTC, valued at over $70.2 billion. This purchase was financed through the sale of MSTR shares and other financial instruments, indicating the firm’s serious investment intentions regarding Bitcoin.
Price Correction and Analyst Opinions
Some analysts, such as Pierre Rochard, CEO of The Bitcoin Bond Company, view the recent price correction as a positive sign. "Bitcoin’s retracement is healthy," he stated, explaining that it slows leverage, resets funding rates and implied volatility. In his view, these shifts lay a stronger foundation for the next phase of the bull market.
With growing institutional interest in Bitcoin and its ability to resist inflation, the future of Bitcoin looks promising.
