As a seasoned crypto investor with a keen interest in Bitcoin and its potential, I can’t help but be intrigued by Samson Mow’s latest prediction. His bullish stance on Bitcoin reaching new heights and never dropping below $60,000 again is an exciting prospect that resonates deeply with me.
Samson Mow, a well-known Bitcoin advocate and CEO of Bitcoin adoption-centric company JAN3, took to the X platform (previously known as Twitter) to share his highly optimistic Bitcoin forecast with the global cryptocurrency audience.
Mow now expects BTC to never drop below the $60,000 level ever again.
Bitcoin close to regaining $63,000
Over the past weekend, Bitcoin, the leading cryptocurrency globally, experienced a significant surge of approximately 7.5%, rising from around $58,580 to reach the $62,900 region where it’s currently being traded.
The sudden price surge in Bitcoin was probably driven by several factors, such as the stronger-than-anticipated Consumer Price Index (CPI) report and the conclusion of the German government’s Bitcoin selling program. Additionally, unforeseen developments related to the US government reshuffling over the weekend may have further fueled the Bitcoin price rise.
The entire cryptocurrency market mirrored Bitcoin’s moves, enabling altcoins to rebound with significant price surges.
“Say goodbye to Bitcoin under $0.06 million forever”
On Saturday, Bitcoin advocate Samson Mow expressed his strong belief that Bitcoin’s price will not fall below $60,000 ($0.06 million) again. He reiterated this viewpoint today. Mow’s optimistic outlook for Bitcoin is driven by two key factors: the April 2021 Bitcoin halving, which reduced the block reward from 6.25 to 3.135 BTC, and the widespread buying of Bitcoin through exchange-traded funds (ETFs) that started in January following the SEC’s approval for their trading.
🤝
— Samson Mow (@Excellion) July 15, 2024
According to Samson Mow’s perspective, Bitcoin has the potential to exceed the significant price mark of $1 million in the near future. In his earlier tweets this year, he expressed optimism that this milestone could be achieved as early as next year or even sooner.
On Saturdays, Mow announced via tweet that he, in partnership with German MP Joana Cotar and the Twitter account @BTCimBundestag, aim to propose a plan in October for Germany to regain ownership of at least 50,000 Bitcoin, as part of a well-thought-out national Bitcoin adoption scheme.
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2024-07-15 11:39