Samson Mow Foresees 'Super Bullish Bitcoin News”

Jan3’s Samson Mow remains uber-bullish despite a stock market rout and weakening sentiment for risk assets, including cryptocurrencies.

Samson Mow, CEO of hyperbitcoinization firm Jan3, has predicted some “super bullish” news for Bitcoin (CRYPTO: BTC) in the next few days.

What Happened: Mow shared his bullish price prediction as Trump prepares to deliver an in-person speech at the ongoing Bitcoin conference in Nashville this week.

“There’s about to be some super bullish Bitcoin news coming out over the next few days. Market should be a bit more green,” wrote Mow in his post on X.

The former Blockstream exec did not specify the nature of the news, but several users suggested it could be related to Trump’s speech in Nashville.

Samson Mow bullish on Bitcoin price

Several users suggested the news could be related to Trump’s Bitcoin speech in Nashville. It will be interesting to see how the Democratic Presidential nominee can hold the famous Nakamoto Stage and whether he will announce a bigger role for BTC in the financial system — subsequently triggering a meteoric rise in the cryptocurrency’s price.

Responding to Mow’s post, popular Bitcoin price analyst Willy Woo posited that Bitcoin fundamentals “play out in the long time frames” and “in the long time frames BTC is nothing but green.” The co-founder of software firm Hypersheet further advised investors not to focus on short-term time frames, noting that that is “the domain of degen traders.”

Bitcoin Price Action: Bitcoin fell to just under $64,000 on Thursday, following a stock market bloodbath on Wednesday. The carnage followed the tech-heavy Nasdaq 100 index, which suffered its steepest drop since late 2022 after unimpressive earnings results from bellwethers like Google’s (NASDAQ:GOOGL) parent company, Alphabet, and Elon Musk’s Tesla (NASDAQ:TSLA).

The apex cryptocurrency has since recovered, trading at $67,125 at press time, according to data from CoinGecko. U.S. equities also recovered from the steep sell-off on Thursday.

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