Prominent Bitcoin supporter, former Blockstream CSO and now CEO of Jan3 that helps nation-states with BTC adoption, Samson Mow, has taken to social network X/Twitter to comment on Bitcoin’s new all-time high and suggest the next one. goal of the world’s leading digital currency.
Prominent Bitcoin supporter, former Blockstream CSO and now CEO of Jan3 that helps nation-states with BTC adoption, Samson Mow, has taken to social network X/Twitter to comment on Bitcoin’s new all-time high and suggest the next one. goal of the world’s leading digital currency.
Mow Hints at Next Major Bitcoin Price Target
Samson Mow encouraged the global cryptocurrency community by stating that they still have the opportunity to buy Bitcoin “for less than $0.08 million”, as if hinting that this window of opportunity will end very soon and BTC will surpass that historical price. just like he did with the $71,000 milestone today. The new all-time high recorded was reached at $71,830 less than an hour ago, while BTC continues to rise towards the $72,000 level. Bitcoin’s market capitalization value currently stands at a whopping $1,407,521,715,327.
The historic price surge was fueled by growing bullish sentiment in the market, as spot Bitcoin ETFs continue to consume massive amounts of Bitcoin, joined by other financial institutions and retail buyers.
Mow expects Bitcoin to eventually surpass $1 million per coin, and provides two main reasons for this. The first is that the US government has been printing more and more money over the past four years, starting in 2020, when the pandemic hit. The second is the Bitcoin supply and demand clash. Demand for Bitcoin continues to grow since January, when the Securities and Exchange Commission gave the green light to detect Bitcoin ETFs.
This has led to monstrous inflows from financial institutions. As the fourth BTC halving quickly approaches, and after the April miner reward for each new block drops from 6.25 BTC to 3.125 BTC, the market will face a supply shock of Bitcoin, Mow insists.
Major influencer issues Bitcoin buy call
Bitcoiner, investor and entrepreneur Robert Kiyosaki posted a tweet today, promising that the biggest bubble in history will burst soon, saying that the baby boom generation will be affected by this.
He also expects the US stock market to crash. In light of this, Kiyosaki urged his millions of X/Twitter followers to stock up on Bitcoin, gold and silver, which he believes are real assets.
