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- Bitcoin could hit $1M faster as Trump’s pro-crypto policies gain White House backing, claims Jan3 CEO Samson Mow
- ETHNews analysts link Bitcoin’s potential rally to reduced liquidity, as HODLing patterns mirror pre-bull market trends.
Samson Mow, CEO of Jan3, has revised his Bitcoin price forecast, suggesting the cryptocurrency could reach $1 million sooner than expected. His updated outlook follows recent statements from the White House supporting digital assets.
Former President Donald Trump’s administration has publicly endorsed Bitcoin, aligning with efforts to position the U.S. as a leader in cryptocurrency development.
At the time of reporting, Bitcoin traded at $82,285.87, a 4.25% decline over 24 hours, according to ETHNews. The asset has faced resistance in reclaiming the $100,000 threshold, with market behavior reflecting shifts in holdings among investors.
ETHNews analysts observe that recent supply changes among long-term and short-term holders may influence price trends. Despite current fluctuations, many experts anticipate upward movement in the coming months.
Since getting into #Bitcoin, what I’ve consistently found is that everything always happens faster than I expect. And now we have the White House promoting #Bitcoin. 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. https://t.co/0np0k65XYs
— Samson Mow (@Excellion) March 8, 2025
Samson Mow initially projected Bitcoin could hit $1 million by 2031. However, he now argues that timeline may shorten due to evolving U.S. policies. On social media platform X, Mow stated, “Everything in Bitcoin happens faster than expected,” citing the White House’s public promotion of the cryptocurrency as a turning point. He referenced a post from the administration’s official account declaring, “America will be the Bitcoin superpower of the world,” which amplified market optimism.
The White House recently hosted its first Crypto Summit, during which Trump emphasized regulatory clarity and innovation in digital assets. This stance has drawn attention from investors, with some interpreting it as groundwork for institutional adoption. Mow contends that government backing could accelerate Bitcoin’s price trajectory, calling his revised forecast a “fast run to $1.0M” that outpaces earlier models.
America will be the Bitcoin superpower of the world.
The Golden Age of America has BEGUN! pic.twitter.com/HUQsNYfUiP
— The White House (@WhiteHouse) March 8, 2025
Social media reactions to Mow’s claims vary, with some users suggesting even $1 million by 2031 underestimates Bitcoin’s potential. Others caution that macroeconomic factors and regulatory hurdles could temper growth.
ETHNews market data shows Bitcoin’s circulating supply has become less liquid in recent weeks, indicating increased accumulation by long-term holders. This pattern often precedes price rallies, according to historical trends. While short-term volatility persists, analysts note that institutional interest continues to rise, coinciding with political developments.
The White House’s pro-Bitcoin stance marks a departure from previous administrations’ approaches, creating what some observers describe as a favorable environment for digital assets. As policy discussions evolve, market participants await concrete regulatory frameworks that could further shape Bitcoin’s adoption and valuation.
Mow’s prediction remains speculative, but the intersection of political support and shifting market dynamics has injected fresh debate into Bitcoin’s long-term prospects. Price movements in the coming months are expected to test these projections as investors weigh policy impacts against broader economic conditions.
