Samson Mow, a Bitcoin proponent and CEO of JAN3, has issued a significant message to the global crypto community. Doubling down on his $1 million Bitcoin prediction, he cited several major triggers that could propel the cryptocurrency to this monumental price.
Mow Confidence in $1 Million Bitcoin Prediction
Mow recently tweeted that he now estimates that the chances of Bitcoin getting to $1 Million in the next year are higher. When asked about the situation with Bitcoin trading as the actual 'risk-off' asset, Mow admitted that it is impossible to judge for sure. However, he pointed out some factors that may help Bitcoin achieve that status. Mow indicated that if large firms, such as Apple and Berkshire Hathaway, invest their free cash in Bitcoin, the blockchain asset could soar massively. Nevertheless, these prospects were enough to allow Mow to remain optimistic despite Warren Buffett's constant bashing of the cryptocurrency.
Mow elaborated on his view that many possible threatening circumstances may cause a higher Bitcoin price. He called this a potential increase in the "Omega candle" that would see Bitcoin hit $1 million.
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