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.