Bitcoin maximalist Samson Mow has named condition which will propel BTC to $0.1 million price level
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Prominent Bitcoin advocate and CEO at Jan3 Samson Mow has taken to the X social media platform to share his take on how soon the world’s flagship cryptocurrency would be able toHe also published a couple of other tweets to share his take on the importance of Bitcoin, which he believes to be rapidly increasing now.The Jan3 chief executive has named two reasons that he expects to push Bitcoin to $100,000; the first one causes the second one. Mow believes that in order to skyrocket to $0.
This sudden and drastic price surge can likely be explained by the massive daily inflows experienced by the spot Bitcoin ETFs on Tuesday, as theyBlackRock's iShares Bitcoin Trust sucked in $274 million in BTC, while the ARK 21Shares Bitcoin ETF saw an inflow of a substantial $139 million. Samson Mow commented on that significant buying spree as he tweeted that considering the levels of buying compared to the currently available Bitcoin supply, “it’s a miracle that Bitcoin stayed below $0.07 million for so long.”He also stated that it is madness “not to have any Bitcoin exposure at this point.” Currently, Bitcoin is seeing a decline and is approaching $71,000 after hitting $71,321 earlier today.Yuri is interested in technology and technical innovations.
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