## Exciting Predictions from Bitcoin Maximalist Samson Mow: BTC Could Hit $1 Million by 2025
Samson Mow, the well-known Bitcoin maximalist and CEO of Jan3, has made a bold prediction that Bitcoin (BTC) could soar to $1 million by 2025, a surge he attributes to what he refers to as “omega candles.” In a lively interview on the Simply Bitcoin channel this past Saturday, Mow expressed his belief that Bitcoin is currently undervalued, especially considering the extraordinary demand from institutional investors, nation-states, and retail buyers alike. “My guess is it’s going to be this year,” Mow told host Nico when discussing his ambitious price target. “Bitcoin has surged 17x before. There is no upper bound to Bitcoin.”
Mow dismissed concerns about diminishing returns, comparing Bitcoin’s potential growth to a “step change” similar to the rapid devaluation seen with the German Mark, where a currency can lose its value almost overnight. To clarify, the term “omega candle” describes a single daily candlestick on Bitcoin’s price chart that indicates a $100,000 increase. Mow noted that this phenomenon is already happening with trading pairs like the Egyptian pound and Turkish lira against BTC. He believes that this explosive growth will soon extend to the U.S. dollar pair, driven by factors such as MicroStrategy’s ongoing purchases, Bitcoin exchange-traded funds (ETFs), and possible U.S. strategic reserves.
In the meantime, Mow pointed to several market factors contributing to Bitcoin’s current price stagnation, including corrections in altcoins and the 2 million BTC held on exchanges for trading and arbitrage. During a recent panel discussion at Consensus Hong Kong, he described Bitcoin’s price movements as “artificially suppressed,” highlighting its unusually tight range of $92,400 to $106,500 since December 18, 2024. “It feels orchestrated,” he remarked, referencing strong ETF inflows and MicroStrategy’s aggressive accumulation. “If the price isn’t rising despite institutional and retail demand, someone must be offloading.” He also mentioned past sell-offs linked to bankruptcies and restructurings, particularly noting the defunct FTX exchange, which has resumed creditor repayments based on Bitcoin’s $20K bankruptcy-era price, affecting liquidity with the next round set for May 2025.
However, in his latest interview, Mow emphasized that these challenges are merely temporary. He reiterated that Bitcoin’s scarcity, capped at 21 million coins, will continue to attract investors and support its price. Mow is not alone in his optimistic outlook. Cathie Wood, CEO of ARK Investment Management, has also expressed her belief that Bitcoin could eventually reach the $1 million milestone as more institutional investors come to recognize its value. Recently, venture capitalist Chamath Palihapitiya projected that Bitcoin could hit $500,000 by October 2025 and potentially exceed $1 million between 2040 and 2042, viewing it as a long-term store of value. As of now, BTC is trading at $94,688, reflecting a 0.89% decline in the past 24 hours.
