Bitcoin Price Surge Not Yet a Real Bull Run, Samson Mow Claims

Bitcoin's recent price surge has sparked a lively discussion in the crypto community. According to Samson Mow, a vocal advocate of Bitcoin, this rally is not indicative of a real bull run yet.

Mow claims that the previous all-time high of $126,000 achieved last year was just the asset keeping up with inflation. He implied that Bitcoin's ATH may not be impressive when considering the impact of inflation on its value.

The recent price rally has seen investors regain their confidence in Bitcoin, sparking increased bullish predictions for the coming months. Following the surge, Bitcoin reclaimed $79,000, its highest price level since May, after increasing by over 22% in a week.