Bitcoin bull run hasn’t started yet: Jan3’s Samson Mow
Jan3 founder Samson Mow also argued that fears of Bitcoin OGs selling are overblown and traders should focus on the next bull run, rather than “self-owning themselves.”
Samson Mow, the founder of Bitcoin technology infrastructure company Jan3, argues the Bitcoin bull run is yet to begin, as Bitcoin fell to just under $100,000 earlier this week.
“The Bitcoin bull run hasn’t started yet. We’re just marginally outperforming inflation at this price range,” he said on Wednesday.
Bitcoin (BTC) and the broader cryptocurrency market continued to slump this week, with analysts attributing the decline to trade tensions between the US and China, as well as other macroeconomic factors. Bitcoin selling intensified on Tuesday, and CoinGecko data shows the price dipped to $99,607 on Wednesday.