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Samson Mow Shares Epic Performance As Bitcoin Soars To $57K, ‘Everything Is Accelerating’
Godfrey Benjamin
With Bitcoin Adoption Growing, Samson Mow Predicts a Massive Rally Ahead
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Many might have it given in to extreme fear regarding the potential of Bitcoin (BTC), but for Samson Mow, the sentiment remains decidedly bullish. Bitcoin’s price action of late has tested the resolve of many die-hard supporters. However, with Samson Mow, the bearish trend remains a setup for a major rally to come.
Samson Mow Forecast
Samson Mow, who takes to his favorite social media platform, X, underlined that “everything is accelerating” at a rapid pace. In particular, he pointed to the growing adoption of Bitcoin and the decline in fiat valuations as two key factors that will drive growth, but that many people are choosing not to see.
Samson Mow’s defense of Bitcoin is not bogus. It is worth noting that the Bitcoin ETF spot market has played a crucial role in shaping the money supply. Recently, the sell out from Germany and the bearish sentiment that accompanied the Mt. Gox redistribution of Bitcoin pushed the price of BTC to a low of $53,717.38 in the last month.
While many choose to focus on the negative impact of these sell-offs, Mow believes that the accumulation of Bitcoin ETF products is adequately offsetting the impact. With his projections, he maintained his position that the coin will reach a total price of $1 million.
Bitcoin’s Legacy Under Control
Beyond the transfer of value, Bitcoin has built a whole new legacy that many Wall Street firms are now trying to align with. Bitcoin Spot ETF Launch is one such legacy, as investors can now gain unrestricted access to the coin, without the risks associated with physically handling BTC.
MicroStrategy is also helping to solidify the coin’s reality check with a steady buildup in a mutually beneficial configuration for its stock price. The company recently initiated a 10-for-1 stock split, underscoring how the coin has been sparking its growth since 2020.
About the author
Godfrey Benjamin
Godfrey Benjamin is a cryptocurrency journalist whose main goal is to inform everyone around him about the prospects of Web 3.0. His love for cryptocurrency began when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. Due to his vast experience in covering various aspects of Web3, Godfrey’s articles have been published on Blockchain.news, Cryptonews, and Coingape, among others.