JAN3 CEO Samson Mow Predicts Bitcoin’s New Price Floor
Chief executive officer of JAN3, a firm that assists nation-states in adopting Bitcoin, and well-known Bitcoin maximalist Samson Mow, recently made a significant announcement on the price of Bitcoin to his followers on the social media platform X. In addition to sharing his thoughts on the current overall direction of the price of Bitcoin, Mow also said he anticipates the $100,000 price level will serve as the threshold for the current Bitcoin sale.
Bitcoin’s Path to $1 Million: Samson Mow’s Bold Prediction for Summer
According to Mow, the world’s most popular cryptocurrency, Bitcoin, will eventually rise above $1 million, and he predicts that it will happen this summer, within a year. Mow disclosed, sort of, the types of people that are most inclined to wager on Bitcoin as a risk-off asset earlier this week. These are “people that understand money,” individuals who reside in nations with repressive governments and high rates of inflation. The JAN3 CEO has included investors with low time preferences on that list as well.
- The market was taken aback on Saturday, August 24, when the price of Bitcoin unexpectedly surged by almost 5%.
- Bitcoin surged from $60,700 to $64,450 in the region.
- At this point, digital gold is trading at $64,291 after slightly declining.
For more up-to-date crypto news, you can follow Crypto Data Space.
Leave a comment