Bitcoin Surges 4.8% Above Inflation, Hits $123,091.61

Bitcoin has recently reached a new all-time high, briefly touching $123,091.61 on Monday. This significant price surge has sparked renewed optimism and bold predictions within the cryptocurrency community, particularly from Samson Mow, the CEO of JAN3 and a prominent Bitcoin advocate. Mow believes that the current price movement is just the beginning of a much larger bull market. He stated, “The Bitcoin bull market hasn’t even started yet,” suggesting that the real rally is yet to come. Mow also highlighted that Bitcoin has outperformed inflation by 19%, demonstrating its effectiveness as a hedge against long-term financial uncertainty.

Mow compared the current price action to Bitcoin’s previous peak of $68,789 in November 2021. When adjusted for an 11% real inflation rate, based on everyday items like eggs, the inflation-adjusted high would be around $100,000. However, Mow argues that the true inflation rate is likely higher, possibly between 15% and 20%. This makes Bitcoin’s recent climb to $116,778 even more impressive, showing a 4.8% annual gain above inflation. Mow, known for his prediction that Bitcoin will reach $1 million through what he calls “Omega candles” (massive price surges), sees this moment as an early sign of a much larger rally to come.

Michael Saylor’s firm, Strategy, made headlines with another significant Bitcoin purchase. On Monday, the company added 4,225 BTC to its holdings, spending $472.5 million. This brings Strategy’s total stash to 601,550 BTC, now worth over $70.2 billion. The purchase was funded through a $330.9 million sale of MSTR shares, along with the sale of Bitcoin-backed convertible stocks. Saylor reported a 20.2% return on Bitcoin year-to-date and continues to advocate that Bitcoin is not just an investment but the future of money. He reiterated his belief that Bitcoin is “going up forever.” JAN3 also commented on the transaction, noting how these strategic moves are helping drive broader market activity.

Not everyone views the recent price corrections negatively. Pierre Rochard, CEO of The Bitcoin Bond Company, shared his thoughts on the recent dip after Bitcoin briefly touched its new highs. He described the correction as “healthy,” explaining that it reduces excessive leverage, resets funding rates and implied volatility, and helps move open interest into new strike prices and maturities. In his view, these shifts lay a stronger foundation for the next phase of the bull run.

With Bitcoin now trading above its inflation-adjusted all-time high and institutional interest continuing to grow, the momentum is clearly building. Voices like Mow and Saylor remain confident that Bitcoin’s best days are still ahead. Whether the price continues to rise in the short term or takes a breather, Bitcoin’s growing dominance, inflation resistance, and increasing adoption are signs of a deeper shift taking place in global finance.