Samson Mow, CEO of Bitcoin-focused firm JAN3, believes Bitcoin is on the brink of an explosive price surge that could make it inaccessible to the average investor.
In a discussion with Anna Tutova, he highlighted how governments worldwide are beginning to recognize Bitcoin’s potential as a reserve asset, which could significantly drive up its value.
He pointed to the Czech National Bank as an example, noting that rather than merely researching the idea, they are actively putting Bitcoin reserves to a vote—an indication of how quickly adoption is accelerating.
Mow warned that governments that hesitate to secure Bitcoin holdings now may soon find themselves unable to afford meaningful reserves.
He cited Vancouver Mayor Ken Sim’s push to include Bitcoin in the city’s financial strategy, framing it as a move to ensure long-term prosperity. However, he cautioned that bureaucratic hurdles could slow down adoption, making it difficult for governments to act before Bitcoin’s price surges beyond reach.
Looking ahead, Mow sees the potential for Bitcoin to hit $1 million in 2025, emphasizing that those who fail to act now may regret missing out on what he views as a rapidly closing window of opportunity.
Billionaire investor Ray Dalio, founder of Bridgewater Associates, has suggested that a balanced investment portfolio should include up to 15% allocation to gold or Bitcoin, though he remains personally more inclined toward the traditional asset.
With Bitcoin hovering near $119,000, traders are weighing their next move carefully. The question dominating the market now is simple: Buy the dip or wait for a cleaner setup?
Bitcoin has officially reached the $116,000 milestone, a level previously forecasted by crypto services firm Matrixport using its proprietary seasonal modeling.
Bitcoin’s market signal has officially shifted back into a low-risk phase, according to a new chart shared by Bitcoin Vector in collaboration with Glassnode and Swissblock.