Samson Mow, CEO of JAN3, has responded to criticism of his constant $1 million BTC predictions by stating that the danger lies in people potentially investing less in altcoins and mortgaging their homes to invest in Bitcoin. Mow previously predicted BTC surging to $30,000 and has stated that the Bitcoin halving and the approval of spot Bitcoin exchange-traded funds by the SEC would trigger a surge to $1 million. However, recent data from CryptoQuant revealed a sell-off of $850 million worth of Bitcoin by short-term traders.



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