Bitcoin (BTC) Reminder: Samson Mow Urges Holders to Brace for $100,000 Target
Samson Mow, the outspoken Bitcoin maximalist and CEO at JAN3, recently shared a poignant message with the global crypto community regarding Bitcoin in a recent social media post.
Mow reiterated the significance of the $100,000 price threshold, suggesting that Bitcoin’s current value is being artificially suppressed below this critical level. In his tweet, Mow stated, “Bitcoin under $0.1M is artificial. Enjoy it while you can.”
Earlier in June, Mow touched upon this subject, emphasizing that for Bitcoin to surpass $100,000, it first needs to exceed its previous all-time high of $73,750 achieved in March. Following this milestone, Mow predicts a recursive demand shock that will propel Bitcoin beyond the $100,000 mark.
In a tweet from this summer, Mow even forecasted a staggering rise for Bitcoin to $1,000,000 within the coming year, underscoring his belief that this surge is imminent in the near future.
Max Keiser, another prominent figure in the Bitcoin community and advisor to El Salvador’s President Nayib Bukele, recently outlined the “5 stages of Bitcoin mastery” in a conversation with his followers on a social media platform.
These stages delineate the evolving attitudes of crypto investors towards Bitcoin, culminating in Keiser’s assertion that “everything is going to zero against Bitcoin.” The progression includes stages such as initial awareness of Bitcoin, growing admiration for its superiority over other cryptocurrencies, adoption for payments, recognition as a new asset class, and eventually being hailed as the ultimate store of value.
Keiser noted that El Salvador is currently in the third stage of this progression, emphasizing that these stages are not limited to individual investors but also extend to nations. He anticipates that the United States will soon embrace the fourth stage, acknowledging Bitcoin as a new asset class and the best store of value.
The insights shared by both Mow and Keiser underscore the ongoing evolution and potential of Bitcoin within the cryptocurrency landscape. As these influential voices continue to shape the narrative around Bitcoin’s future trajectory, the crypto community eagerly awaits the realization of their predictions.
