Bitcoin to $1 Million by 2025? Samson Mow Reaffirms Bold Prediction
JAN3 CEO Samson Mow has reiterated his audacious prediction that Bitcoin will reach $1 million by 2025.
As Bitcoin surpasses $100,000, ambitious price predictions continue to emerge. However, Mow’s projection stands out not just for the target but for his conviction that the milestone will be achieved by 2025.
Samson Mow Stands by $1M Bitcoin Prediction for 2025
On Wednesday, January 15, Mow took to X (formerly Twitter) to reaffirm his forecast, which he first made in December 2024 during an interview with finance YouTuber Rajat Soni.
Mow’s confidence is partly inspired by comparisons between Bitcoin’s current price movements and the 2017 bull market. Market analyst “Blackwidow” recently overlaid the 2017 price action onto current charts, suggesting a potential path to $1 million per Bitcoin.
Mow’s rationale centers on Bitcoin’s historical performance. He noted that during the 2017 run, Bitcoin rose 20x from $1,000 to $20,000, despite environmental concerns and limited institutional adoption. He believes replicating such gains is even more feasible now, given the asset’s maturity and increasing adoption.
Skepticism Surrounding the Bold Forecast
As expected, Mow’s prediction has been met with widespread doubt. Critics have highlighted several challenges, including Bitcoin’s slower growth rate in recent years.
Commenting on the prediction, user “yuppie.eth” dismissed the idea, saying, “Absolutely no way.” Similarly, “J. Fong” pointed out the improbability by noting that Bitcoin has grown by an average of only $7,000 per year since its 2021 peak of $69,000.
For Bitcoin to hit $1 million with its current circulating supply of 19.8 million coins, it would require a staggering market cap of $19.8 trillion. This is a significant leap from its current market cap of $1.92 trillion, raising questions about the feasibility of achieving such growth within two years.
Interestingly, this isn’t the first time Mow has made such a call. He previously claimed Bitcoin would hit $1 million by 2024.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. The opinions expressed are those of the author and do not reflect the views of News Hotcoin. Readers are encouraged to conduct their own research before making investment decisions. News Hotcoin is not responsible for financial losses.
