Important Statement from Bitcoin Defender Samson Mow to the Crypto Community: Here are the Details!

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Bitcoin Samson Mow, supporter and chief executive officer of BTC-focused company Jan3, remains optimistic about Bitcoin’s future no matter what. The BTC expert made an important statement to the crypto community in his latest tweet.

Core Bitcoin Indicator According to Jan3 CEO

The BTC advocate noted the need to monitor a key Bitcoin indicator at a time when many short-term holders are abandoning their BTC in light of recent market developments. This person describes those who sell as “weak hands” and those who hold BTC for the long term as “diamond hands”, saying they continue to buy the world’s leading cryptocurrency. stated.

Over the past 24 hours, Bitcoin has experienced a small decline. He then made a rapid recovery. Before the drop, on Friday, the leading digital currency showed a growth of 2.56%. At the time of writing this news, BTC is trading at $68,130.

Mow Likens Bitcoin ETFs to Matrix’s Neo

Earlier this week, Mow posted an interesting tweet in which he noted the similarities between spot-based Bitcoin exchange-traded funds and the main character of Watchowski’s iconic movie “The Matrix.” Mow posted an excerpt from the final part of the film, where Neo defeats Agent Smith by diving into him and destroying him from the inside. BTC proponent commented that ETFs are also penetrating the traditional financial system by diving into them. Now, without stating any expectations or making any predictions, Mow wonders what will happen next. However, judging by the overall Bitcoin bullish tone of his tweets, he expects Bitcoin to destroy the old system and replace the US dollar in the future.

Bitcoin Will Reach 1 Million Dollars, According to Samson Mow

What Mow firmly believes is that BTC is heading towards the $1 million price. He has mentioned this many times recently ahead of the upcoming BTC halving event that will take place in the second half of April. According to Mow, BTC ETFs create the BTC demand shock, and after the BTC halving creates a supply shock, these two “shocks” will inevitably interrupt, driving the price to unimaginable levels. Still, while all ETFs are consuming Bitcoin, Grayscale’s GBTC continues to see large outflows.


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