Samson Mow, CEO of JAN3 and a well-known Bitcoin maximalist, recently stirred up excitement in the crypto community with a provocative statement about Bitcoin’s price. In a tweet that has captured the attention of many traders and enthusiasts, Mow declared that Bitcoin being priced under $100,000 is “artificial.” His message was clear: enjoy the current lower prices while you can, because he believes Bitcoin’s true value is poised to break through this psychological barrier soon.
Mow’s remarks are rooted in his long-standing prediction that Bitcoin will eventually surpass the $100,000 mark. He argues that Bitcoin’s price is being artificially suppressed and that once it breaches its previous all-time high of $73,750—achieved in March—this will trigger a “recursive demand shock.” This phenomenon, according to Mow, will propel Bitcoin well above the $100,000 threshold.
Adding to the buzz, Mow has previously forecasted that Bitcoin could even reach a staggering $1,000,000 within the next year. While this ambitious projection may seem far off, Mow insists it’s only a matter of time before such a milestone is reached. For crypto traders, this is a call to brace themselves for significant price movements and potential gains, while also acknowledging the volatile nature of the market.
In summary, Mow’s message is a blend of optimism and urgency. He’s urging Bitcoin holders to stay confident and patient, as he believes the market is on the verge of a major breakthrough. For those deeply invested in Bitcoin, this is both a reminder of the cryptocurrency’s potential and a nudge to stay informed and prepared for what could be a monumental shift in its value.
