Samson Mow Sees Two Paths Ahead for Bitcoin’s Next Move
The post Samson Mow Sees Two Paths Ahead for Bitcoin’s Next Move appeared on BitcoinEthereumNews.com.
He sees two possible paths: Bitcoin could keep rallying and drain liquidity from altcoins, causing steep drops, or altseason could peak, triggering a broader market pullback before BTC resumes its climb. Meanwhile, Chainlink (LINK) surged 44% in a week, fueled by bullish sentiment and a new partnership with Intercontinental Exchange to bring market data on-chain. Analysts see LINK as a major large-cap opportunity, with potential short squeezes and growing institutional adoption driving optimism for even more gains. Mow Predicts Bitcoin Surge or Altseason Bitcoin surged to a fresh all-time high of close to $124,500 in early Thursday trading, and lifted the total cryptocurrency market capitalization to $4.15 trillion. According to Bitcoin pioneer Samson Mow, the market now stands at a critical juncture, with two potential paths ahead: either Bitcoin continues its meteoric rise into uncharted territory, draining liquidity from altcoins and causing them to tumble by 30–40%, or the ongoing altcoin rally reaches its peak, which will trigger a sharp sell-off in the broader market that briefly pulls BTC lower before it resumes its climb. Mow is known for his unwavering Bitcoin maximalism, and took aim at Ethereum by suggesting its current valuation is unsustainable when measured in BTC terms. He argued that ETH is approaching a psychological ceiling that will make it increasingly difficult to break new highs, as the closer it gets, the more selling pressure builds from profit-taking investors. BTC’s price action over the past month (Source: CoinMarketCap) On the other hand, Mow believes Bitcoin does not face the same limitation. Despite his criticisms, ETH still outperformed Bitcoin over the past few weeks. The altcoin climbed 59% over the past month compared to Bitcoin’s modest 4.3% gain. The Jan3 CEO also warned that altcoins are “running too hot” and predicted a pullback before Bitcoin makes another push…
Filed under: News - @ August 14, 2025 9:24 am