Samson Mow, CEO of JAN3 and a known Bitcoin maxi, recently shared his perspective on the cryptocurrency's price trajectory.
Mow, who has been actively involved in promoting Bitcoin adoption among nation-states, said the ongoing “Bitcoin sell-off” will end once the cryptocurrency’s price reaches $100,000.
He stressed that any price below that threshold represents a buying opportunity. Furthermore, Mow is convinced that Bitcoin will eventually surpass the $1 million mark, a milestone he believes can be reached within a year from this summer.
He stressed that the people most likely to invest in Bitcoin as a secure asset include those who understand money, those living in countries plagued by inflation and despotic regimes, and investors with a long-term investment perspective.
His statements reflect a broader belief among Bitcoin enthusiasts that the cryptocurrency will continue to appreciate significantly due to its scarcity, decentralized nature, and growing global acceptance.
A supermarket in Zug, Switzerland, has begun accepting Bitcoin payments, adding to the country’s expanding list of crypto-friendly retailers.
After a period of uncertainty and major price volatility for the stock and crypto markets amid Trump’s tariff turmoil, investors are seemingly more calm.
After weeks of uncertainty, the bearish grip on Bitcoin may finally be easing, according to a recent analysis by crypto research firm Swissblock.
On April 17, 2025, U.S. spot Bitcoin ETFs experienced a significant uptick in inflows, while Ethereum ETFs saw no net movement, according to data from Farside Investors.