🚨 Samson Mow Debunks Bitcoin FUD $BTC : 'Bitcoin Is Not Likely to Drop That Much' 🚀
Amid discussions about the future of Bitcoin $BTC , a theory has emerged suggesting that the asset could drop drastically in the short term due to a potential “dark swan” in the markets. 🦢📉
However, Samson Mow, a well-known Bitcoin proponent, offers a different perspective. Mow highlighted that during the last major market crash, Bitcoin showed a quick recovery as soon as the US markets reopened, suggesting that Bitcoin is unlikely to fall below $50,000 in another potential crash. 📈💪
In August, the price of $BTC fell by more than 15% in a single day, reaching $49,000 due to recession fears. But according to Mow, Bitcoin's resilience is a key factor that should not be underestimated. 💡🔄