Bitcoin advocate and Jan3 CEO Samson Mow has once again made a bold prediction Bitcoin could hit $1 million faster than anyone expects. While responding to a White House post promoting Bitcoin, Mow took to X to declare that the market conditions for an explosive rally are rapidly aligning.
Mow has long been a proponent of Bitcoin’s hyper-growth potential, previously forecasting that BTC could reach $1 million by 2031. However, in light of recent policy shifts under President Donald Trump, he now believes the timeline may accelerate significantly.
“The rate at which everything is happening is fast,” Mow stated, suggesting that Bitcoin’s price could hit the seven-figure milestone much sooner than anticipated.
His rationale? Government support for Bitcoin is intensifying, and global adoption is reaching a tipping point. As institutional demand surges and regulatory barriers fall, Mow argues that the pieces are in place for an unprecedented supply shock.
How the White House’s Pro-Crypto Stance is Fueling Optimism
One of the key catalysts behind Mow’s optimism is the White House’s dramatic shift in crypto policy. At the first-ever White House Crypto Summit, President Donald Trump made it clear that he intends to position the U.S. as a global leader in cryptocurrency.
This marks a stark contrast to the previous administration, which took a restrictive stance on digital assets. Now, with federal agencies easing regulatory pressures, the crypto industry is experiencing a wave of renewed confidence.
Among The Most Significant Developments:
- The SEC has dropped several legal actions against crypto firms, signaling a regulatory shift.
- Trump signed an executive order creating a Strategic Bitcoin Reserve, ensuring the government will HODL its Bitcoin holdings instead of selling.
- The Treasury Department has been directed to explore Bitcoin acquisition strategies, reinforcing long-term institutional backing.
These moves have created an environment where Bitcoin is no longer viewed as a speculative asset but as a strategic reserve, a sentiment that could drive unprecedented capital inflows.
Bitcoin’s Current Trajectory and Key Catalysts
Despite Bitcoin’s bullish fundamentals, its price has been consolidating between $80,000 and $90,000 in recent weeks. However, institutional adoption continues to strengthen, with spot Bitcoin ETFs gaining traction globally.
Mow believes that as the U.S. government embraces Bitcoin, other nations will follow suit, potentially accelerating the pace of adoption worldwide.
At the time of writing, Bitcoin is trading at $85,093, down 0.69% in the past 24 hours. While short-term price fluctuations continue, the broader market remains optimistic about BTC’s long-term trajectory.
Mow’s prediction aligns with the views of other Bitcoin maximalists, but can BTC realistically hit $1 million shortly?
Key factors that could propel Bitcoin toward that target:
- Institutional supply squeeze: With ETFs accumulating Bitcoin at record rates, the available supply is rapidly decreasing.
- Global monetary debasement: As inflation concerns persist, Bitcoin’s appeal as a hedge against fiat devaluation continues to grow.
- Nation-state adoption: Countries integrating Bitcoin into their reserve strategies could fuel exponential demand.
While skeptics argue that a $1M Bitcoin valuation is extreme, history has shown that Bitcoin moves in rapid, parabolic cycles. With the right mix of catalysts, Mow’s prediction may not be as far-fetched as it seems.
Final Thoughts
As government policies shift and institutional interest intensifies, Bitcoin’s path to a seven-figure valuation is no longer just speculation, it’s a real possibility.
If market momentum continues to build, Bitcoin’s next surge could come sooner rather than later. Whether it reaches $1 million in the coming years or within the decade, one thing is certain: Bitcoin’s role in the global financial system is more significant than ever before.
