Key Takeaways
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Samson Mow argues that Bitcoin has already reached its cyclical bottom and rejects bearish forecasts.
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Mow sparked debate after claiming he fired an analyst for predicting a $60,000 Bitcoin price.
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Despite near-term volatility, Mow maintains his long-term view that Bitcoin could reach $1 million.
Samson Mow, a prominent Bitcoin advocate known for repeatedly predicting a $1 million Bitcoin price, said he does not take recent bearish price targets seriously and claimed he fired an analyst who forecast Bitcoin would fall to $60,000.
Speaking on a recent podcast, Mow argued that Bitcoin has likely reached its cyclical bottom, dismissing predictions calling for declines to $50,000, $10,000, or lower.
“If you look at Bitcoin at even $110,000, I think 2026 is going to surprise people,” Mow said, adding that current prices barely outperform inflation by his estimates.
“We’re kind of like trolling around the bottom of the seabed, and people think it’s going to go lower.”
Mow suggested that bearish price targets are often arbitrary and lack analytical justification.
“If you’re going to pick a random number down, pick zero,” he said. “Or negative.”
He also argued that Bitcoin is trading at a discount when viewed through inflation-adjusted returns, reinforcing his view that downside risks are overstated.
The comments come as Mow intensified his criticism of bearish forecasts in a post on X, where he claimed he had dismissed an analyst over a pessimistic Bitcoin price call.
“I’ve fired the analyst that said Bitcoin is going to $60k,” Mow wrote. “He will never work in this industry again.”
The post did not identify the analyst or clarify their role, and it drew mixed reactions from the crypto community, despite likely being satirical.
“That boy is a clown. We are going way below 60k during the bear market,” one X user wrote.
Another commented: “He should fire himself for his own basket of sorry predictions. 60,000 is not out of the question at all. I am hoping to buy in the fifties later next year. Time will tell.”
Others expressed support for Mow’s stance, with one user writing: “If you know something deeply, you have to see it through.”
Whether Mow’s comments were meant seriously or satirically, the post highlighted how polarizing Bitcoin price predictions remain.
Mow has long been one of the most vocal proponents of a seven-figure Bitcoin price.
In March, he wrote that Bitcoin historically moves faster than expected and said recent political developments strengthened his conviction.
