Samson Mow Predicts Bitcoin's Future

Samson Mow, Bitcoin proponent and CEO of JAN3, shared his BTC prediction on the X platform, highlighting a key driver for the first Omega candle that could push Bitcoin towards $1 million. He ties this prediction to MicroStrategy, led by Michael Saylor.

Mow Expects Gamma Squeeze on MSTR

The Omega candle is a short-term bullish price movement shown as a large green candle on charts, signaling an extraordinary price increase. Mow, known for predicting Bitcoin's ascent to $1 million and beyond, anticipates that the first Omega candle will occur due to a gamma squeeze on MicroStrategy stocks. This gamma squeeze arises when a significant number of call options are purchased, compelling market makers to hedge risks by buying the underlying stock, which in turn raises its price. Mow believes this phenomenon will also elevate Bitcoin's price.

Meanwhile, MicroStrategy continues its aggressive Bitcoin accumulation strategy, consistently adding more BTC to its collection.

Bitcoin Sat-Dollar Parity Predicted by JAN3 Boss

In a previous tweet, Mow discussed Bitcoin's potential future as equal to the U.S. dollar in economic use. He predicts that Bitcoin (BTC) will eventually achieve parity with the dollar, implying that 1 Satoshi will equal 1 U.S. dollar in purchasing power, such as 2-3 Satoshis for a dozen eggs.

Mow suggests this parity could only be feasible if Bitcoin is evenly distributed among the global population, noting that the existing holders make it impossible to distribute the 21 million BTC equally. He estimates that the average individual might ultimately possess between 10,000 and 50,000 Satoshis.