A bunch of people are talking about, and as usual they have no idea what they are talking about.
The God Candle is NOT happening anytime soon, because it's not a $10k candle.
The God candle will occur when weโre no long tracking the price of Bitcoin, but the price of Sats. It will occur after weโve reached Sat - Cent parity, in other words, when 1 Satoshi = 1 Cent.
Now...
The God Candle happens when: 1 sat moves from 5c to 6c in one single day.
That doesn't sound like a big deal right? And for most, it won't be. At that point, their $5000 worth of sats (ie; 500k Sats) will increase in value to $6000.
BUT....but but but.
BEHIND the scenes, that Bitcoin just went from $5m to $6m in a SINGLE day.
That is a ONE MILLION dollar candle. In one day. Yes. Mark my words. Bookmark this tweet. I wrote about this two years ago:
The God Candle is $1m in a day.
Not some measly $10k. This is child's play. We are still early. That's the good news.
The (bad??) news...It's not coming anytime soon.
0.00001% chance it will happen this cycle 20% chance it will happen next (2028) cycle 80% chance it happens first cycle post 2030 99% chance it happens before 2040$BTC
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