Bitcoin (BTC) Has Entered ATH Season: Samson M.R. Mow

Samson Mow, a rigorous Bitcoin advocate and CEO of the BTC-focused company JAN3, has addressed the crypto community, sharing his take on the current situation on the Bitcoin market.

Samson Mow, a well-known Bitcoin advocate and CEO of the BTC-focused company JAN3, has shared his thoughts on the current situation on the Bitcoin market with the crypto community.

As the world's largest cryptocurrency, Bitcoin is entering a season where it is likely to reach a new historic price peak. While Mow did not mention BTC directly, there is no other crypto he routinely tweets about.

"Feels like ATH season": Samson Mow

Over the weekend, Bitcoin spiked by roughly 4.3%, going up from $102,750 to $107,140. However, by now, the price has faced a major pullback of 4.5%.

By now, after a small recovery, BTC is trading at $102,930 per coin.

Last week, two major experts also predicted a new all-time high for Bitcoin this year. The author of the popular book on finance management "Rich Dad Poor Dad," Robert Kiyosaki, tweeted on Saturday that he predicts BTC to reach $250,000 this year.

On Friday, Galaxy Digital (TSX:GLXY) CEO Mike Novogratz told CNBC he would expect Bitcoin to begin going higher this year, reaching first $130,000 and then $150,000.

On the day, when BTC soared above $100,000, Samson Mow tweeted that it was now "too late to buy Bitcoin under $0.1 million."

suggesting that the cryptocurrency could continue to rise to even greater heights.

Hundred of trillions of dollars Bitcoin warning from Mow

Earlier this year, the U.S. President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve. The government already holds 200,000 BTC confiscated from illicit activities, and according to Bo Hines, it is looking at how they could buy more BTC.

Besides, two U.S. states have passed a law on the same topic — to start buying and holding Bitcoin: Arizona and New Hampshire.

This article was originally published on U.Today

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