‘$1 million Bitcoin” advocate Samson Mow has made an ultra-bullish BTC prediction
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So far, however, the price of the global flagship cryptocurrency is deep in the “sub-$0.07 million” area as Bitcoin is changing hands at $64,000. It was pushed to that level from the $66,800 zone as a result of a 4.15% decline that took place during the last 24 hours. The negative price action continues as Mt. Gox continues to transfer mind-blowing amounts of Bitcoin to centralized exchanges to repay its investors and creditors. On July 24, the crypto community was stunned with a mammoth transfer of 48,000 BTC to Kraken. That amount of crypto is worth a whopping $3,162,392,519 spotted by Whale Alert. The community is certain that this was a Mt. Gox transaction. Still, Mow believes that only about 20% of these Bitcoin compensations will be actually sold.
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