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Adam Back, the creator of the Bitcoin Lightning Network and a person whose Hashcash was referred to by the mysterious Satoshi Nakamoto in the Bitcoin whitepaper, has taken to the X platform to send an unusual signal to the BTC community.
Back has retweeted an X message published by Michael Saylor in 2024, which could imply that the cypherpunk and Bitcoin maxi Back is expecting BTC to skyrocket soon.
Is Back expecting "Godzilla" Bitcoin candle soon?
Back retweeted Michael Saylor’s ultra-bullish message about Bitcoin, which he released on his X account on May 23, 2024. It stated the following: “All your models are destroyed when Godzilla arrives. #Bitcoin” and was accompanied by an image of a Godzilla fictional dinosaur from Japanese and American movies released in the middle of the 20th century. A Bitcoin mascot is also part of that image, as if showing the future potential of the largest cryptocurrency.
Bitcoin maximalists have often mentioned Bitcoin as “Godzilla,” “Omega” or a “God” candle coming “soon,” which would take the price up astonishingly.
The timing in which Back retweeted this post seems curious. By the end of 2025, BTC collapsed from its all-time highs above the $120,000 level, nosediving under $90,000 and changing hands at $93,220 at press time.
Experts believe that another Bitcoin cycle has just finished. Besides, the external policies of the U.S. have also played a large role in pushing the BTC price down. However, some analysts are expecting the crypto market to experience a bullish U-turn in the short term.
In particular, according to a recent CryptoQuant tweet, the Binance Bitcoin/Stablecoin Ratio has begun to go up again. This could “represent a very positive signal for the market,” the tweet claims.
Strategy acquires 1,287 Bitcoin
According to a recent tweet, Saylor’s company, Strategy, focused on Bitcoin, has made yet another mammoth BTC accumulation. On Monday, it announced that it bought 1,287 BTC, which is worth $120,343,611 as of press time. The company’s BTC reserve has thus increased to 673,783 coins. Besides, recently, Strategy also began setting aside its own USD Reserve, which currently comprises $2.25 billion.
It seems that Strategy has decided to diversify its portfolio and add the U.S. dollar to its holdings.
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