Cryptocurrency expert predicts growth of bitcoin to $ 1 million

Samson Mou, CEO of JAN3 and a key figure in the introduction of bitcoin at the state level in the United States, predicted that the flagship asset would reach $ 1 million.

Mow, known for his work on bitcoin bonds in El Salvador, made the bold statement on social media platform X, pointing to a potential quick surge in BTC’s value. He stated: «I have noticed that there are some bitcoiners who do not think that BTC can reach $ 1,000,000 in a few days/weeks after the money from ETFs starts flowing in. They are in for a pleasant surprise.»

Developing his forecast, Mou referred to the historical growth of BTC: «In 2017, it took bitcoin about 9 months to go from $ 1,000 to $ 20,000. The block subsidy was 12.5, there was a lot more BTC on exchanges, mining was boiling by the oceans, and institutional money was not coming in. From $ 1,000 to $ 20,000 — that’s 20 times. From $ 50,000 to $ 1 million — 20 times.»

Bit Payne, a bitcoin analyst, provided a mathematical analysis confirming Mou’s prediction. Payne’s analysis emphasized the rapid growth rate of the BTC price, stating: «People who think Samson Mow is crazy for his $ 1 million per BTC claim are forgetting how fast bitcoin can grow — and that’s exactly the mindset that’s needed to make this happen.»

According to the analytical tracker CoinMarketCap, at the time of writing, the market leader is trading at $ 37,449, holding a stable price for several days. The market capitalization of BTC is $ 731 billion, and the daily trading volume is $ 10 billion.