bullish

Coin

<ul class="wp-block-list news-points">
 <li>Bitcoin will soon skyrocket to six digits, said Jan3 CEO Samsn Mow.</li>
 <li>Bears’ prediction of BTC dropping to $40K is just out of “self-induced fear,” Mow said.</li>
 <li>Mow added that fear-driven markets “never lasts long” amid Bitcoin’s drop to $54K.</li>
</ul>
Bitcoin, the world’s leading cryptocurrency, has recently experienced a downturn, dropping from $56,000 to $54,000 and losing nearly 4% of its massive $1.07 trillion market capitalization. However, Jan3 CEO Samson Mow remains optimistic, predicting a bullish reversal soon.
In a <a href="https://x.com/Excellion/status/1832111358814646678" target="_blank" rel="noopener noreferrer nofollow">post</a> on social media platform X (previously known as Twitter), Mow dismissed bearish predictions of Bitcoin falling to $40,000 as “self-induced fear.” According to the crypto entrepreneur, fear-driven markets “never lasts long” because the fundamentals usually “win out over time.”&nbsp;
Mow pointed to the 2022 surge in Bitcoin’s price despite the FTX collapse, reinforcing his belief that Bitcoin will eventually reach six figures.&nbsp;
He further stated that Bitcoin’s potential for growth is supported by various factors, including quantitative easing, strategic Bitcoin reserves, increasing institutional adoption, and corporate investme…
The post <a href="https://coinedition.com/bitcoins-bullish-case-jan3-ceo-rejects-40k-predictions/" rel="noopener noreferrer nofollow">Bitcoin’s Bullish Case: Jan3 CEO Rejects $40K Predictions</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin’s Bullish Case: Jan3 CEO Rejects $40K Predictions

Coin Edition

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