CandleFocus Market Expert Predicts $100M Bitcoin as US Dollar Will Eventually Reprice to Satoshi
2024-11-13
Author: Content Editor
Samson Mow, CEO of JAN3 and a prominent Bitcoin advocate, predicts that Bitcoin will reach a valuation of several million dollars in the near future. He bases this prediction on the macroeconomic landscape and growing US debt, suggesting that the US will either need a "debt jubilee" or reprice its dollar to a harder asset, such as Bitcoin. Mow believes that the US government will eventually rebase the dollar to one Satoshi (SAT), which would value Bitcoin at $100 million. He also predicts that Bitcoin will reach $1 million per coin and $100,000 by the end of the year, citing growing demand from exchange-traded funds and the US Bitcoin investment vehicle.
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