Bitcoin Drops Below $100K But Experts Predict $1 Million Surge

Bitcoin, the world's leading cryptocurrency, is currently experiencing a challenging market phase, struggling to reclaim the critical $100K level. Despite this downturn, market experts remain optimistic, forecasting an imminent bull run. Among them, Jan3 CEO and well-known Bitcoin proponent Samson Mow has reiterated his bold prediction that BTC could soar to $1 million.

Mow's latest remarks came in response to a post from the White House’s official account promoting Bitcoin, stating, “America will be the Bitcoin superpower of the world. The Golden Age of America has BEGUN!” This endorsement has fueled bullish sentiment among investors, reinforcing expectations that Bitcoin could see substantial growth as pro-crypto policies take shape at the highest levels of government.

Mow has now accelerated his Bitcoin price prediction, asserting that BTC could reach $1 million much sooner than previously expected. While he initially projected this milestone by 2031, Mow believes shifting dynamics in the U.S. crypto landscape—driven by President Donald Trump’s executive actions—could significantly speed up Bitcoin’s ascent. He pointed to the growing governmental support for Bitcoin as a key catalyst, emphasizing that the White House’s evolving pro-crypto stance is setting the stage for a rapid price surge.

His comments sparked discussion, with some users suggesting that even a $1 million target by 2031 is a conservative estimate. However, Mow remains firm in his belief that the accelerated pace of regulatory and institutional adoption could propel BTC’s price to unprecedented heights much sooner than anticipated. He said, “That’s why my prediction is for a fast run to $1.0M. I’m front-running my own model which indicates $1.0M in 2031.”

As Bitcoin adoption continues to expand globally, particularly through the rise of spot Bitcoin ETFs, more businesses and nations are embracing the leading cryptocurrency. This growing acceptance strengthens the case for Bitcoin’s long-term potential, with analysts like Mow suggesting that the U.S. government’s pro-crypto stance could set a precedent for other countries. If more nations align with this trend, it could further accelerate Bitcoin’s growth, reinforcing its position as a dominant asset in the evolving financial landscape.