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.
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