Bitcoin Bull Run Yet to Begin, Says Samson Mow
Samson Mow, the founder of Bitcoin technology infrastructure company Jan3, has sparked a debate in the cryptocurrency community by arguing that the Bitcoin bull run is yet to begin. This statement comes despite Bitcoin’s price falling to just under $100,000 earlier this week. Mow’s assertion is based on his belief that the current price range is merely outperforming inflation, which stands at 3% in the US.
“The Bitcoin bull run hasn’t started yet. We’re just marginally outperforming inflation at this price range,” Mow said on Wednesday. His comments were made amidst a slump in the broader cryptocurrency market, with Bitcoin (BTC) experiencing intensified selling on Tuesday. According to CoinGecko data, the price of Bitcoin dipped to $99,607 on Wednesday.
Market Sentiment and Predictions
Despite the current downturn, Mow remains bullish about Bitcoin’s prospects. In a series of posts on X, he predicted that the market still has plenty of upside potential. Mow also addressed the possibility of a “Christmas god candle,” which typically represents significant buying pressure and bullish momentum. When asked if he was uncertain about this possibility, Mow replied that he was “not uncertain.”
Mow has previously stated that he believes Bitcoin could jump to $1 million in a “short and violent upheaval.” He also mentioned that for those who believe in cycles, a cycle top could be expected in 2026. However, Mow himself does not believe in cycles, stating that “Bitcoin has been basically flat for 2025. If you believe in cycles, then it hasn’t topped.”
Bitcoin OGs and Market Trends
Macro analyst Jordi Visser suggested that Bitcoin is undergoing an initial product offering phase, where existing holders are selling, and new traders are buying. However, Mow argued that fears of Bitcoin OGs selling are overblown. He emphasized that traders should focus on the next bull run, stating that “people are fearful because they created their own theory that OGs are selling above $0.1M, and they may sell more.”
Mow’s company, Jan3, has its own index that claims to invert the classic Crypto Fear & Greed Index. According to Jan3, the market is currently in the “Extreme Greed” area, with Bitcoiners continuing to stack despite the price drops. The company stated that “Bitcoiners fear missing sats, not Bitcoin price drops.”
Conclusion and Predictions
In conclusion, Samson Mow’s predictions and insights offer a unique perspective on the current state of the Bitcoin market. While some may view the current price as a sign of a bull run, Mow believes that the best is yet to come. With his predictions of a potential $1 million price point and a cycle top in 2026, Mow’s comments are sure to generate interest and debate within the cryptocurrency community.
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