Vocal Bitcoin maximalist Samson Mow revisits his recent bullish Bitcoin prediction about $60,000
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The fuel for this abrupt price increase was likely provided by a number of factors, including the better-than-expected CPI report and the end of the recent Bitcoin sale imposed on the market by the German government. Besides, certain events in the US to do with the upcoming November government reshuffling took place over the weekend, unexpectedly adding fuel to the Bitcoin rally.
On Saturday, Bitcoin maximalist Samson Mow tweeted that he does not expect Bitcoin to plunge below the $60,000 level ever again. Today, he doubled down on his prediction. Mow’s ultra-bullish Bitcoin forecast is based on the fact that in April this year, the fourth BTC halving took place, slashing the block reward from 6.25 to 3.
On Saturday, Mow tweeted that in October, he in collaboration with German MP from Bundestag Joana Cotar and Twitter handle @BTCimBundestag intends to present a plan for Germany to acquire back at least the 50,000 the German government has sold as part of “a proper nation-state Bitcoin adoption strategy.”Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017.
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