From Investing.com: 2024-04-14 11:00:24

Samson Mow, known for the “$1 million for Bitcoin” theory, remains optimistic about Bitcoin’s future despite recent market turmoil.

Bitcoin experienced a significant drop in value, hitting a low of $60,660 after geopolitical tensions. Altcoins also suffered losses, with total capitalization dropping by 22% or $250 billion.

Mow’s steadfast belief in Bitcoin’s potential growth contrasts with recent losses, maintaining a bullish outlook on the cryptocurrency.

Bitcoin is now showing signs of recovery, trading at $63,950 with a 5.22% increase from recent lows, as market uncertainty persists.

With the Bitcoin halving just five days away, speculation about its impact on Bitcoin’s price trajectory adds to the current market volatility. Investors remain cautious amid uncertainty.

Read more at Investing.com: Samson Mow Breaks Silence After Crypto Bloodbath By U.Today