As a seasoned crypto investor with a particular affinity for Bitcoin, I find Samson Mow’s recent bullish statements both intriguing and promising. His track record of supporting Bitcoin and his role as CEO of a Bitcoin adoption-focused company lend credibility to his perspective. The anticipation of “super bullish Bitcoin news” is generating excitement within the community, and I share in the optimism.
As a dedicated Bitcoin investor, I’m excited to share some optimistic news from industry insider Samson Mow, CEO of Bitcoin adoption-focused company JAN3. Based on his recent bullish outlook, we can expect the Bitcoin market to display more signs of growth in the coming days.
Besides, he made a bullish Bitcoin price prediction in a tweet a day before.
Samson Mow promises “super bullish Bitcoin news”
Samson Mow, the head of JAN3, has stirred up anticipation in the Bitcoin community with his tweet that “significant, bullish news for Bitcoin” is imminent and is expected to be revealed within the next few days.
Mow was vague about the specifics of the news, but mentioned that the market ought to exhibit some growth.
Over the next few days, we can anticipate some extremely positive Bitcoin-related news that is likely to boost the market and give it a greener hue.
— Samson Mow (@Excellion) July 25, 2024
In response to my statement, Willy Woo, a Bitcoin advocate and trader, emphasized that Bitcoin’s underlying fundamentals unfold in the extended timeframes. He went on to highlight that Bitcoin is essentially synonymous with green in these durations. Furthermore, he advised against fixating on the short-term perspectives, as those are typically the realm of speculative traders.
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Mow expects Bitcoin to never go sub-$70,000 again
Before that tweet, Bitcoin maximalist Mow expressed his conviction that the price of BTC would not fall below $70,000 again. He encouraged traders and investors to prepare for a future where Bitcoin’s value remains above the $0.07 million mark.
Say goodbye to sub $0.07M #Bitcoin forever.
— Samson Mow (@Excellion) July 24, 2024
It seems that this extremely optimistic prediction is rooted in the anticipated “super bullish Bitcoin news” set to unfold in the near future, which is expected to boost the cryptocurrency market and bring about a more favorable condition.
To date, nevertheless, the cost for the leading international cryptocurrency hovers around “under $64,000,” with Bitcoin currently being traded at this price point. This decrease came about due to a 4.15% price drop over the past day, which caused it to retreat from the $66,800 mark.
Mt. Gox’s unsettling price trend persists as they transfer enormous quantities of Bitcoin to major exchanges like Kraken to repay their investors and creditors. The crypto world was taken aback on July 24th by a staggering transfer of 48,000 BTC, valued at approximately $3.16 billion according to Whale Alert. It is widely believed that this transaction originated from Mt. Gox. However, Mow posits that only around 20% of these Bitcoin reimbursements will be liquidated.
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2024-07-25 11:54