BULLISH 📈 : Samson Mow says supply shock could drive Bitcoin to $1M

Samson Mow calls $1,000,000 for BTC on looming supply shock

Jan3 CEO Samson Mow says BTC can reach $1,000,000. He points to a sharp supply squeeze.

His call adds to Bitwise’s $1,000,000 path. Mow made the remarks on a podcast, implying the move is inevitable here.

BTC traded above $75,000. It rebounded near $79,000, then pulled back source. It remains below the cited ATH above $126,000 options market view.

  • Mow expects an “Omega Candle” that drives price toward $1,000,000 details.
  • He argues the market misprices BTC’s finite supply; a shock is building analysis.
  • Treasury buyers like Strategy keep accumulating, reducing float latest buy.
  • He says the four-year cycle is over. A new ATH could arrive sooner view.
  • He downplays a prolonged bear. Contrarian rise remains possible market read.
  • Long term, he sees BTC as a reserve asset. Institutional and sovereign demand could push higher framework.
  • Mow also floats a $10,000,000 case per coin post.

Bitcoin price chart from Tradingview.com