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Samson Mow, CEO of Jan3, a BTC-focused technology company, has predicted that Bitcoin could eventually reach $1 million per coin. His forecast adds to a broader set of $1 million Bitcoin price projections from Bitwise and other market participants, with Mow pointing to supply-and-demand dynamics as the key driver.
Bitcoin is trading above $75,000 following a sharp rebound to around $79,000, which was later followed by a quick reversal of most gains. While BTC has not returned to its all-time high above $126,000, market experts cited in the article continue to hold a bullish outlook.
Mow’s $1 million target implies Bitcoin would rise by more than 1,200%—about 13 times its current price. Speaking on a podcast, he did not provide a specific timeline for the move, but the article notes that he suggested such a run is inevitable.
Another central element of Mow’s argument is that Bitcoin could evolve into the world’s reserve asset. He expects the price to continue increasing as institutional demand grows and as more countries adopt the cryptocurrency.
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