Bitcoin advocate and Jan3 CEO Samson Mow is doubling down on his bold prediction that BTC could skyrocket to $1 million, suggesting it may happen much sooner than anticipated.
His latest remarks come in response to a White House post on X, where he highlighted how shifting U.S. policies could fast-track Bitcoin’s climb.
Mow had previously set 2031 as the target for Bitcoin’s seven-figure milestone, but with the U.S. government now taking a more pro-crypto stance, he believes the timeline could accelerate. The shift stems from recent executive actions by former President Donald Trump, which have eased regulatory pressures and signaled stronger institutional backing for Bitcoin.
A key turning point was the White House Crypto Summit, where Trump pledged to position the U.S. as a global crypto leader. His administration has rolled back restrictions, with the SEC ending legal actions against major firms, and has even introduced a Strategic Bitcoin Reserve—an initiative to hold rather than sell BTC, with the Treasury exploring additional acquisitions.
Despite Bitcoin trading between $80,000 and $90,000, demand from institutional investors and the rise of Bitcoin ETFs continue to fuel optimism. Mow believes the U.S. government’s shift could influence other nations to adopt similar strategies, potentially driving Bitcoin’s price to new heights much faster than expected.
Billionaire investor and Bitcoin advocate Tim Draper recently expressed his enthusiasm for the newly established U.S. Strategic Bitcoin Reserve, calling it an exciting development.
Crypto strategist Benjamin Cowen, known for his accurate prediction of Bitcoin’s correction in January, believes BTC still has room for growth this year.
Mike Novogratz, billionaire investor and CEO of Galaxy Digital, weighed in on Donald Trump’s groundbreaking decision to establish a U.S. Strategic Bitcoin Reserve.
The U.S. government’s plan to establish a Strategic Crypto Reserve has sparked a lively debate in the crypto community, with even well-known critics like Peter Schiff joining the conversation.