Prominent Bitcoiner Samson Mow believes BTC is very undervalued at moment
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Samson Mow, JAN3 CEO and a vocal Bitcoin supporter, has shared an important statement about BTC's current value. This happened while the world’s largest cryptocurrency, Bitcoin, recaptured the $63,000 level overnight and then lost it again today. Over the past 24 hours, BTC went from $61,825 to $63,600, rising by almost 3%. As of now, Bitcoin is trading at $62,710.CEO of Bitcoin adoption-focused company Samson Mow, who is also a Bitcoin maximalist, has taken to the X social media platform to share his take on the current value of BTC, using his own criteria.
In a recent interview, Mow said that even if Bitcoin does not reach $1 million in 2024 or 2025, this time is still pretty close. The JAN3 boss’s estimation is based on the fact that spot Bitcoin ETFs continue to accumulate Bitcoin actively and have been doing so since the middle of January, when the issuers got approval from the SEC to launch those products.Among those companies were BlackRock, Fidelity, VanEck and Grayscale.
Over the weekend, Mow commented on Bitcoin sales that are taking place at the moment. The JAN3 boss believes that the market will beThe same companies later filed to launch spot Ethereum exchange-traded funds, too. At the end of May, the SEC gave the first approval; however, the final one is expected to be announced this week on July 2. Many within the crypto community are looking forward to that, as they did before the American regulator greenlit Bitcoin ETF trading.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Samson Mow Makes Crucial Bitcoin (BTC) Statement: DetailsRenowned Bitcoiner Samson Mow reveals what fate potentially awaits the Bitcoin price inevitably
Les mer »
Double Bullish Bitcoin Godzilla Candles Case Suggested by Samson MowVocal Bitcoin supporter Samson Mow names a potential double bullish Bitcoin case that could bring massive green candles to charts
Les mer »
Here's When Bitcoin Will Hit $100,000, According to Samson MowBitcoin maximalist Samson Mow has named condition which will propel BTC to $0.1 million price level
Les mer »
"I Know Bitcoin Is Going to $1.0 Million": Samson MowVocal Bitcoin supporter Samson Mow predicts BTC reaching $1 million with small nuances – “when” and “how rapidly”
Les mer »
Bitcoin (BTC) Will Reach $1.0 Million Within Next Year, Samson Mow PredictsBitcoin permabull Samson Mow expects BTC to hit $1 million within the year 2025
Les mer »
Samson Mow Doubles Down on His $1 Million Bitcoin (BTC) PredictionVocal Bitcoiner Samson Mow has shared another $1 million Bitcoin prediction on his X account
Les mer »