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Samson Mow Says Bitcoin Bear Trap Is Here—Is $1M BTC Still Possible?

  • Samson Mow sees the current downturn in the Bitcoin market as a bear trap, misleading traders into expecting further declines.
  • Mow predicts that Bitcoin could reach $1 million by 2025, driven by increasing institutional adoption and competition with gold as a store of value.
  • Institutions are exploring Bitcoin reserves as a hedge against inflation, and growing distrust in traditional banking systems is pushing investors towards Bitcoin.
  • Bitcoin's recent dip and investor caution in the face of upcoming U.S. tariffs contribute to a cautious sentiment towards the cryptocurrency.

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