Samson Mow Says Bitcoin Could Top $1 Million Soon as Corporate Buying Builds

Bitcoin could climb to $1 million in an aggressively bullish scenario, with institutional buying cited as the main catalyst.

BeInCrypto reported on April 28 that Jan3 Chief Executive Officer Samson Mow said Bitcoin may surpass $1 million before long.

He said an "omega candle" — a one-day gain of more than $100,000 — could appear, signaling the potential for a sharp rally.

Mow also argued that heavy buying by companies including Strategy is the key driver behind further price gains.

He added that Bitcoin is undervalued while trading below $120,000.

The forecast is an extreme one, and the market is focused on whether actual demand and the macroeconomic backdrop can support it. Whether institutional buying continues is seen as a key variable.