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- Mow predicts Bitcoin could reach $1 million by 2025, citing institutional adoption, ETF approvals, and central bank accumulation as key catalysts.
- Short-term market suppressions may be holding BTC back, but long-term trends suggest continued growth as regulatory clarity and institutional interest increase.
Following Samson Mow’s defense of Bitcoin’s potential for a 10x surge, CNF recently highlighted his criticism of past BTC skeptics. In a recent interview, Samson Mow, CEO of Jan3 and a well-known Bitcoin advocate, predicted that Bitcoin (BTC) could reach $1 million by 2025.
Mow attributes this potential surge to what he calls “omega candles”, referring to rapid, large-scale increases in Bitcoin’s value. He argues that Bitcoin’s current price does not fully reflect the growing demand from institutional investors, nation-states, and retail participants. A report in The Street Journal stated:
“Mow’s new prediction came in response to a comment on X (formerly Twitter), where he hinted that Bitcoin’s price target should be $2 million instead of the previously forecasted $1 million.”
Mow also points to continuous accumulation by entities like MicroStrategy and the potential approval of Bitcoin exchange-traded funds (ETFs) as key catalysts for increased demand. Additionally, he suggests that central banks and nation-states are discreetly acquiring Bitcoin, further reducing supply.
Market Dynamics and Price Suppression
Despite his bullish outlook, Mow acknowledges that Bitcoin’s price has remained stable between $92,400 and $106,500 since mid-December 2024. He describes this stability as “artificially suppressed”, suggesting that large sell-offs from events such as the Bybit hack and liquidations from bankrupt entities have temporarily offset buying pressure.
However, Mow believes that these are short-term obstacles, and Bitcoin’s inherent scarcity will ultimately drive its price upward.
Broader Economic Implications – Is $1 Million BTC Possible?
Mow’s optimism aligns with other industry leaders who foresee substantial growth for Bitcoin. Cathie Wood, CEO of ARK Investment Management, has reiterated her belief that Bitcoin could eventually reach $1 million as institutional adoption accelerates.
Similarly, venture capitalist Chamath Palihapitiya has forecasted that Bitcoin could hit $500,000 by October 2025and potentially surpass $1 million between 2040 and 2042, positioning it as a long-term store of value.
The expected influx of institutional capital, combined with favorable regulatory policies under the current U.S. administration, could legitimize and stabilize the cryptocurrency market, making Mow’s prediction more plausible.
Current Bitcoin Price
Despite short-term fluctuations, Bitcoin’s long-term outlook remains optimistic, driven by increasing institutional interest and potential regulatory support.
According to CoinMarketCap data, Bitcoin (BTC) is currently trading at $89,139.45, reflecting a 6.96% decrease in the past day and a 6.97% decline over the past week.
