Bitcoin’s $100K Barrier: Samson Mow Cautions Price Suppression Amid Market Speculation

• Samson Mow warns of artificial suppression of Bitcoin’s price under $100,000, hinting at an imminent price surge.
• Mow believes Bitcoin must surpass its all-time high of $73,750 to trigger a demand shock and break the $100,000 barrier.
• Max Keiser outlines five stages of Bitcoin mastery, suggesting the next phase could see Bitcoin adopted as a new asset class.

Samson Mow, CEO of JAN3 and a prominent Bitcoin advocate, recently issued a stern reminder to the cryptocurrency community. In his latest tweet, Mow hinted at an “artificial” suppression of Bitcoin’s price below $100,000. According to Mow, the current price level is unsustainable and should be seen as temporary. He urged followers to “enjoy it while you can,” suggesting that the Bitcoin price could break this barrier soon.

Previous Assertions on Bitcoin’s Future  

Mow’s recent comments build on earlier statements made in June, where he discussed Bitcoin’s journey towards the $100,000 mark. He emphasized that before Bitcoin can hit this milestone, it must surpass its all-time high of $73,750, reached in March. Mow believes that achieving this high will trigger a recursive demand shock, propelling Bitcoin’s price above the $100,000 threshold.

Long-Term Bitcoin Outlook 

Beyond the $100,000 prediction, Mow has also forecasted an even more dramatic rise for Bitcoin. Earlier this year, he tweeted his expectation that Bitcoin could reach $1,000,000 within the next year. Even if this target takes longer to achieve, Mow remains confident that it is an inevitable part of Bitcoin’s future.

Keiser’s Perspective on Bitcoin Mastery 

Meanwhile, Max Keiser, another influential figure in the Bitcoin community, has been engaging with his followers about the stages of understanding and adopting Bitcoin. Keiser, an advisor to El Salvador’s President on Bitcoin, outlined five stages that crypto investors go through as they deepen their appreciation for Bitcoin. He suggested that these stages are not just applicable to individual investors but also to entire countries.

Mow’s and Keiser’s statements reflect the growing confidence among Bitcoin maximalists in the cryptocurrency’s future. As the market continues to evolve, the debate around Bitcoin’s true value and its potential to disrupt traditional financial systems remains intense.