CryptoBitcoinCrucial bitcoin (BTC) news from Samson Mow

Crucial bitcoin (BTC) news from Samson Mow

Jan3 boss and early bitcoin investor, has taken to social media platform Twitter/X to share a bullish message on BTC with his 271,000 followers.

He believes that bitcoiners are “on the verge of winning”, citing an important factor that has to do with social sentiment towards the flagship cryptocurrency.

Samson Mow encourages BTC community

The CEO of Jan3 tweeted that he has recently seen what he calls “influential” accounts bashing bitcoin. Mow specified that in this context he uses “influential” in its broader sense, and that these Twitter accounts “may include third-rate comedians”.
Anyway, the conclusion he came to was bullish, and it goes like this: “It feels like we’re about to win.”

As bitcoin seems to have resumed its ascent and recently regained the $44,000 high, its highest point so far this year, Mow began posting more comments about bitcoin, its price action and market behavior than before. Meanwhile, BTC has suddenly dropped below $41,000.

On Saturday, the influencer ironically tweeted that he is “bored” with bitcoin hanging at $44,000, adding that he doesn’t mind now because “s-coins” have grown a lot along with bitcoin and “they need to cool off.”

“Bitcoin supply shock meets demand shock,” $1 million on the horizon – Mow
In his recent tweets, Mow has been spreading his bullish views on Bitcoin’s further rise, which he anticipates – the Bitcoiner believes that eventually (and perhaps soon enough) the flagship cryptocurrency will reach a, the price also expected by the late John McAfee before he made a U-turn and started criticizing BTC.

Among the reasons for such a massive increase in the price of bitcoin, Mow cited the demand shock meeting the supply shock for BTC, as institutional investors try to buy all the BTC within their reach, and there are less and less BTC left on the market. Long-term holders will not sell their Bitcoin, and the upcoming halving event will cut the production of new BTC in half – just over 3 BTC compared to the 6.25 BTC that have been created since May 2020, when the previous halving event took place.

Share This Post

Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

Related Posts

Michael Saylor Invites Public to Embrace Bitcoin as MicroStrategy Stock Soars

Michael Saylor, CEO of MicroStrategy and a vocal advocate...

Analyst Predicts Strong Q3 for Robinhood Amid Trading Volatility

Piper Sandler analyst Patrick Moley has indicated that the...

Babylon Staking Platform Attracts $1.5 Billion in Bitcoin

Babylon, a Bitcoin staking platform designed to enhance the...

Cryptocurrencies Show Resilience Amidst Traditional Market Moves

Cryptocurrencies demonstrated surprising stability on Tuesday, remaining largely unaffected...

Crypto Sues SEC Over Alleged Overreach in Cryptocurrency Regulation

On Tuesday, Crypto filed a lawsuit against the Securities...

Canary Capital Group Files for XRP ETF Amid Growing Regulatory Optimism

Canary Capital Group, a newly established digital asset investment...