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<ul class="news-points"> 
 <li><strong>According to Samson Mow, $27,000 is a good price to buy Bitcoin.</strong></li> 
 <li><strong>Mow compared Bitcoin’s value with the United States debt profile.</strong></li> 
 <li><strong>The U.S. added more than the equivalent of half of Bitcoin’s market cap in debt in one day.</strong></li> 
</ul> 
<p>According to Samson Mow, CEO of Pixelmatic, $27,000 is a good price to buy <a href="https://coinedition.com/tag/bitcoin-btc-news/">Bitcoin (BTC)</a>. In a recent post, Mow compared Bitcoin’s value with the United States’ debt profile. He noted that the U.S. added more than the equivalent of half of Bitcoin’s entire market cap in debt in a single day.</p> 
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   <p lang="en" dir="ltr">In a single day, the US added more than half of <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a>’s entire market cap in debt. That’s something like 10 million <a href="https://twitter.com/btc?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@BTC</a>. And yet there are still people that are unsure if $27k is a good price to buy. <a href="https://t.co/RMxdzB01yL" target="_blank" rel="nofollow">pic.twitter.com/RMxdzB01yL</a></p>— Samson Mow (@Excellion) <a href="https://twitter.com/Excellion/status/1709383373205205446?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 4, 2023</a>
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<p>Mow shared a screenshot of data containing the latest U.S. borrowing activity on X (formerly Twitter). The shared data showed that the U.S. borrowed $275 billion in one day, causing its debt profile to reach a record high of $33.442 trillion.</p> 
<p>Most respondents to Mow’s post considered the current&nbsp;U.S. debt profile absurd. One of them, Muaawiyah Tucker, thinks try…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/crypto-expert-reckons-27k-is-still-a-good-price-for-btc/">Crypto Expert Reckons $27K is Still a Good Price For BTC</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Expert Reckons $27K is Still a Good Price For BTC

Coin Edition

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