Are $100K Bitcoins unavoidable? Find out when this expert says ‘yes’.
As Bitcoin nears its prior high, discussions regarding its next major price targets have resumed. Samson Mow, CEO of Jan3, and a Bitcoin lover, is taking part.
Mow recently stated on X (formerly Twitter) that Bitcoin will soon reach $100,000, which he sees as a step towards $1 million. He forecasted what would happen following the all-time high of $73,750 set in March.
Key Factors Driving Bitcoin Price to $100,000 Target Mow suggests a scenario that might send Bitcoin to astronomical heights.
First, breaking the previous record would result in a “recursive Bitcoin demand shock,” causing prices to skyrocket due to high demand and scarcity. Mow believes that this chain reaction can soon drive