#HotJulyPPI Bitcoin is either going to rise strongly like 'Godzilla' or decline due to 'altcoin madness'.. according to Samson Mow
August 14, 2025, 13:13 GMT+1
Bitcoin has reached a new all-time high, and its next move will either be a strong surge towards entirely new prices or a temporary halt to make way for the upcoming altcoin season, according to Bitcoin pioneer Samson Mow.
The price of Bitcoin hit $124,500 on the Coinbase platform during early trading on Thursday, according to TradingView data.
This increase added 3.5% to its daily value, pushing the total market capitalization of cryptocurrencies to a record level of $4.26 trillion.
Mow stated that there are two potential paths for Bitcoin now:
“Either we surge strongly like ‘Godzilla’ or ‘Omega’, pulling all liquidity from the market, causing altcoins to drop by 30-40%,” or “the madness of altcoins peaks, leading to massive sell-offs with the loss of balance of the ‘bag holder dilemma’, which will push Bitcoin down temporarily before it rises again with the collapse of altcoins.”
Mow did not miss the chance to attack Ethereum (ETH), comparing market values by saying: “But whatever happens, it’s impossible for Ethereum’s value to equal 4,600,000 Bitcoin,” adding: “This situation needs to be corrected sooner or later.”