Bitcoin hasn't yet reached a bull market, says Samson Mo
Date: 2025-11-07 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
Jan3 founder Samson Mo believes that despite recent price gains, Bitcoin hasn't yet entered a true bull market. He argues that the cryptocurrency's current price doesn't reflect the beginning of a global rally, but rather an attempt to "outpace inflation."
Mo is convinced that the current stage shouldn't be viewed as a sustained upward movement. He emphasizes that the current price fluctuations are more likely a preparatory stage for a powerful impulse, which he predicts could emerge closer to 2026. The analyst noted that he isn't a proponent of the theory of market cycles, but admits that the market could peak then.
However, Mo doesn't rule out the possibility of a sudden and sharp surge, which he calls "God's Christmas candle." According to him, in such a situation, the price of Bitcoin could rise to $1 million in a short period of time—literally within a few weeks or months. He explains that this growth will not be gradual, but rather rapid, as a response to a massive capital influx and strong buying pressure.
The analyst also commented on the notion that old investors (OG) are currently actively selling their accumulated Bitcoin, while new entrants are entering the market. Mo disagrees with such statements, arguing that these fears are largely unfounded. He argues that investors are frightening themselves by believing that OGs will exit the market when the price exceeds $100,000. He believes such fears are unfounded.
The expert emphasized that Bitcoin's fundamental characteristics have remained virtually unchanged since the beginning of 2025. Furthermore, if we follow the traditional logic of cycles, the current market peak can be expected next year.
As a reminder, in early November, Bitcoin fell below $100,000 for the first time since summer. This sparked a heated debate among analysts—some experts consider the current decline a correction, while others see it as a signal of a new bearish cycle. Incrypted compiled the opinions of leading analysts to help investors determine whether a new rally is in order or whether the market is bracing for a protracted downturn.
