'$1 Million BTC' Samson Mow: ‘There’s Not Enough Bitcoin For Everyone’

Samson Mow, vocal Bitcoin maximalist and the CEO at Bitcoin adoption-focused company JAN3, has published several tweets as the world’s leading cryptocurrency has smashed a new all-time high. Earlier today, $BTC set a new price record of $118,403.

Bitcoin soared by 6.62% within less than 24 hours, soaring from $110,850, and is currently changing hands at $117,850 after a slight pullback.

Bitcoin hits new ATH - $118,403

Many Bitcoin influencers and maxis, including Samson Mow and co-founder of Strategy Michael Saylor, reacted to that mammoth $BTC price jump, tweeting that for many this came unexpectedly and most likely those who sold their Bitcoin now regret it badly.

The $BTC/USD chart shows that one of the hourly candles which pushed Bitcoin upwards gave it a 3.09% rise, which may easily match the definition which Mow has been recently giving to an “Omega candle”, meaning a single candlestick, driving the Bitcoin price upwards immensely.

Bitcoin supply is draining fast, "not enough $BTC for everyone": Mow

Mow tweeted that there's still a possibility of buying Bitcoin for less than $200,000: “You can still buy #Bitcoin for less than $0.2M.” He also reminded the community that the $BTC supply is being drained rapidly with all the ETFs, Bitcoin treasury companies, and other institutions buying aggressively now: “There’s not enough #Bitcoin for everyone.”

Currently, Mow said in another tweet with an infographic, Bitcoin has so far reached 11.6% of the projected $1,000,000 price in the near future.