Bitcoin will either ‘Godzilla’ up or drop on ‘alt mania,’ Samson Mow says

Bitcoin hit a new peak of $124,500 and now has two possible paths ahead, according to Bitcoin OG Samson Mow.

Bitcoin reached a new all-time high, and its next move will either be a surge into new price discovery or a halt to make way for the oncoming altcoin season, said Bitcoin pioneer Samson Mow.

Bitcoin (BTC) prices reached $124,500 on Coinbase in early trading on Thursday, according to TradingView. The move added 3.5% to the asset on the day and pushed total crypto market capitalization to a record high of $4.26 trillion.

Bitcoin OG Samson Mow said there are now two possible paths for Bitcoin:

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