- Bitcoin prints its biggest daily close to date.
- Samson Mow expects an Omega candle soon.
- Arthur Hayes re-iterates his $1 million BTC prediction.
Crypto markets are on fire, with over $600 billion in new inflows since Donald Trump’s election win on November 6. This surge has pushed Bitcoin up by 33% from its recent low, reaching a new all-time high of $89,900 on Tuesday.
Tuesday also saw Bitcoin’s largest daily candle to date, igniting even more bullish sentiment across the market. Jan3 CEO Samson Mow weighed in, reaffirming his prediction of an impending “Omega candle” soon.
Bitcoin Euphoria
Crypto markets continue to surge following Trump’s victory last week, with Bitcoin leading the charge. Tuesday’s near “God candle” moment marked its largest-ever daily close, underscoring Bitcoin’s unrelenting momentum following the election result.
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Bitcoin opened Tuesday at $80,400, closing the day at $88,700, recording its largest-ever daily gain at $8,300.
AmberApp shared a list of the top 10 biggest daily BTC closes, courtesy of Galaxy Research, noting that the previous high was a $7,600 jump on February 8, 2021. This event was driven by Tesla’s announcement of a $1.5 billion Bitcoin purchase and plans to accept BTC as payment for its vehicles.
Tuesday’s $8,300 spike fell just short of a God candle, defined as a $10,000 daily increase. But Mow acknowledged it was “close enough” amid the market’s euphoric rally.
Looking ahead, the next level beyond a God candle is the elusive Omega candle, a massive $100,000 daily gain. With momentum building, some question whether such an extraordinary surge might be within reach.
Trump to Turn the Taps On
Though a $100,000 daily Bitcoin close may seem improbable, Mow has long advocated for the Omega candle. Amid the current market surge, he recently reaffirmed this stance, stating, “The Omega Candle is coming, along with $1 million Bitcoin.”
Maelstrom CFO Arthur Hayes weighed in on Bitcoin’s path to $1 million, asserting that Trump’s re-election sets the stage. Hayes described Trump’s approach as “American Capitalism with Chinese Characteristics,” suggesting he’ll use aggressive quantitative easing mirroring China’s 1980s growth model to fuel rapid economic expansion.
According to Hayes, this would involve the US government issuing tax credits and subsidies to return industries like shipbuilding, semiconductors, and auto manufacturing to American shores. Additionally, eased lending restrictions would support growth, generating more jobs and boosting wages to fuel broader economic activity.
Combined with bond sales and an expanded money supply to inflate asset values, Hayes argued this approach could drive Bitcoin to the $1 million mark.
On the Flipside
- Quantitative easing will only inflate “the everything bubble.”
- Google searches for “Bitcoin” are ticking higher.
- Anthony Scaramucci has a more conservative $170,000 by mid-2026 BTC price prediction.
Why This Matters
Bitcoin’s largest daily candle is a historic milestone, but its real significance lies in its effect on capturing global attention. Each subsequent move higher fuels a positive feedback loop—until it doesn’t.
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