Samson Mow, CEO and Co-Founder of Blockchain technology company Jan3 and an ardent Bitcoin supporter, made an ultra-bullish statement about Bitcoin, suggesting that the cryptocurrency could potentially reach $1 million.
Samson Mow Predicts Bitcoin Could Reach $1 Million
Mow created a stir in the crypto community by sharing his prediction with his Twitter followers.
Here’s why we’re going to $1M #Bitcoin in DAYS to WEEKS: it’s MAX PAIN pain for the most people.
Bitcoin has a way of doing what we least expect & in the most disruptive way. For example, at JAN3 we have many plans & meetings set for 2024. $1M BTC would derail everything.
🧵👇
— Samson Mow (@Excellion) January 9, 2024
Mow's prediction comes as approval of a Bitcoin spot ETF from the SEC approaches. Mow believes that this price jump could be unexpected and could happen at any time, surprising many Bitcoin users.
Mow stated that if Bitcoin rapidly rises to the $1 million mark, it could cause maximum pain for many companies, analysts and other market players.
His own company, Jan3, which aims to help nation states adopt Bitcoin as a national currency, could also be significantly affected.
He explained that the team at Jan3 has many plans and meetings for 2024. However, if Bitcoin rises to $1 million, that would derail everything.
Mow added that if Bitcoin reaches $1 million, there will be no more time for Jan3's mission: “50 countries would frantically lend a helping hand and we would be overloaded. All the careful planning and bidding goes out the door and all that remains is to buy BTC. For the team “No sleep,” he said.
*This is not investment advice.
