A well-known Bitcoin maximalist and CEO of JAN3, Samson Mow, sent a strong word to the whole cryptocurrency community in a relatively recent tweet. Mow reaffirmed his long-held belief that the low price of BTC, currently less than $100,000, is intentional.
His tweet, which caused a stir in the crypto world, said, “Bitcoin below $0.1M is fake.” “Enjoy it while you can.” This is not the first time Mow has talked about how BTC could break the $100,000 mark.
Earlier in June, he stated that Bitcoin needed to surpass its March all-time high of $73,750 to surpass $100,000. BTC is the biggest cryptocurrency in the world. Mow said that this important event would cause a “recursive demand shock,” which would send BTC into unknown territory.
Bitcoin Predicted To Surge
Mow has even more faith in Bitcoin’s future than $100,000. He said in a tweet this summer that Bitcoin could reach an remarkable $1,000,000 in the next year. Mow is still sure that BTC will reach this level, even though he admits that this timeline might get a little longer.
Along the same lines as Mow, Max Keiser, a famous Bitcoin supporter and advisor to El Salvador’s President Nayib Bukele, talked to his fans on X (formerly Twitter) by explaining the “5 stages of BTC mastery.” These stages show how crypto buyers’ thoughts change as they learn more about BTC and become more committed to it.
Keiser’s model starts with people discovering BTC and then growing their respect for it. Interest in altcoins initially overshadows this admiration, but over time, people begin to use BTC for payments. Keiser says that the third step is now happening in El Salvador.
This step is to recognize BTC as a new type of asset and the best way to keep value. Keiser thinks that the United States will soon reach the fourth stage, where BTC is generally seen as the best type of asset.
Both Mow and Keiser expressed the belief that Bitcoin maximalists anticipate a significant advancement for the digital currency. These statements underscore the undiscovered true value of BTC, as its global growth continues. Experts predict unprecedented growth in Bitcoin, regardless of its value, from $100,000 to $1,000,000.
