Bitcoin Price Prediction: Samson Mow Says $1M BTC Could Be Closer Than Expected. Source: Image by Gerd Altmann from Pixabay
Samson Mow, CEO of Jan3 and a well-known Bitcoin advocate, has sparked renewed debate with his bold prediction that Bitcoin could surge to $1 million in what he calls an “Omega candle.” According to Mow, Bitcoin’s current price significantly undervalues its true potential due to a misunderstood supply dynamic and increasing institutional demand.
In a recent interview, Mow challenged the traditional four-year Bitcoin cycle theory. He pointed out that Bitcoin reached an all-time high before its most recent halving and experienced a less dramatic rally afterward, suggesting that historical patterns may no longer apply. While some analysts interpret this as a market peak followed by a downturn, Mow believes the market is entering a new phase driven by unprecedented buying pressure.
A key factor behind his bullish Bitcoin price prediction is supply scarcity. Mow emphasized that although millions of BTC appear to be available on exchanges, much of this liquidity is not intended for long-term sale. Instead, these holdings are actively used by market makers and institutional players. With less than one million Bitcoin left to be mined and major entities accumulating aggressively, Mow expects a supply shock that could rapidly push prices higher.
Institutional demand continues to strengthen this narrative. Companies like MicroStrategy and other Bitcoin treasury firms are consistently buying BTC regardless of price fluctuations, effectively acting as long-term holders. This ongoing accumulation reduces circulating supply and supports the argument for a significant price increase.
Mow also claims Bitcoin remains undervalued below $120,000, citing inflation-adjusted metrics and stock-to-flow models that suggest fair value is already above current levels. Despite Bitcoin trading around $76,000—well below its previous peak near $126,000—some experts still support long-term bullish forecasts. Analysts from Bitwise and ARK Invest have projected Bitcoin could reach $1 million or more within the next decade if adoption continues to grow.
However, reaching $1 million would require a massive price increase of over 1,000%, making it more plausible over several years rather than in the near term. While Mow’s “Omega candle” scenario captures attention, most analysts agree that such growth would depend on major structural changes in the global financial system and broader Bitcoin adoption.