Samson Mow: Bitcoin (BTC) Is \'Incredibly Undervalued\' Now, Citing \'Omega Law\' to Predict $1 Million Price Target

Samson Mow, JAN3 CEO and a vocal Bitcoin supporter, has shared an important statement about BTC's current value.

Samson Mow, the CEO of JAN3 and a well-known Bitcoin supporter, has made a bold statement about the current value of BTC.

This statement comes as Bitcoin, the world’s largest cryptocurrency by market capitalization, briefly recaptured the $63,000 level overnight but lost it again today.

In the past 24 hours, BTC rose from $61,825 to reach $63,600, gaining almost 3%. At the time of writing, Bitcoin is trading at $62,710.

Over the weekend, Mow commented on the Bitcoin sales that are taking place at the moment.

The JAN3 boss believes that the market will be able to absorb them all.

As reported by U.Today earlier, several crypto firms, including Valkyrie, filed applications with the U.S. Securities and Exchange Commission for physically backed Bitcoin exchange-traded funds on March 11.

However, the SEC has yet to approve any crypto ETF applications.

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