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Cryptocurrency News Articles
Samson Mow, the CEO at AN3, has shared his take on the current Bitcoin situation
Mar 30, 2025 at 01:38 pm
Samson Mow, the CEO at AN3, has shared his take on the current Bitcoin situation in the market as the world's largest cryptocurrency keeps dropping and has lost 4.3%
Samson Mow, the CEO at AN3 and a known Bitcoin bull, has shared his take on the current situation in the world’s largest cryptocurrency.
As Bitcoin keeps dropping and has lost 4.3% in the past two days, Mow is also widely known for his frequent predictions that Bitcoin will reach $1 million per coin in the near future.
Also, the crypto giant is now threatening to short sellers with a rapid reversal that could come in the next few days.
Bitcoin forming a bear trap
Mow has described the current situation in the Bitcoin market as a “bear trap.” This trading signal shows up when an asset seems to be in a steady decline. Seeing it happening, traders often begin to short that asset as they expect it to decline further. However, what the price does instead is that it makes a sudden reverse and surges back up.
(Two words: bear trap.,” Samson Mow (
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