Samson Mow, CEO of JAN3, believes that Bitcoin is undervalued at its current price of $100,000. He argues that Bitcoin should be trading around $200,000 given the current global economic conditions, including the failure of fiat currencies and central banks' interventions. Mow believes that Bitcoin ETFs have changed the game and enabled traditional finance investors to gain exposure to BTC. He predicts that Bitcoin will continue to gain momentum as the preferred asset of investors, especially in the face of economic uncertainties. Mow claims that Bitcoin is on track to become the leading asset of the global financial system, with growing adoption by corporations and nation-states. He believes that Bitcoin has no peak target and encourages investors to continue buying at every opportunity. Mow has set an ambitious target of $1 million for Bitcoin this year.



Other News from Today