Samson Mow: Bitcoin Next Run Will Shame Gold Latest Rally

JAN3 CEO Samson Mow expresses confidence in Bitcoin long-term prospects, predicting that the next BTC price surge will outshine gold’s recent rally

For context, gold has been making headlines recently due to its remarkable performance. The world’s precious metal has repeatedly reached new highs this week, with the latest peak of over $4,370, recorded in the early hours of today

Analysts attributed gold’s recent surge to several factors, including renewed U.S.-China trade tensions and expectations of the Federal Reserve’s interest rate cuts

As a staunch Bitcoin advocate, Mow has repeatedly argued that the leading cryptocurrency serves as an effective hedge against economic uncertainty amid its fixed supply and increasing institutional adoption

His stance directly challenges the traditional view of those who regard gold as the ultimate safe-haven asset. Despite Bitcoin trading at around $100,000, Mow still believes the asset is undervalued

Mow Predicts Bitcoin Surge to $1M This Year

In May, he suggested that Bitcoin should be trading at $10 million if only people understood BTC. Nonetheless, he predicted that the flagship crypto asset would reach the lofty target of $1 million by December 2025, representing an 822% surge from the current price of $108,461

Mow’s prediction draws inspiration from Bitcoin’s remarkable 2016–2017 bull run, during which the cryptocurrency surged from around $1,000 to $20,000

He noted that if Bitcoin could achieve such growth despite widespread criticism over its mining practices and minimal institutional adoption at the time, there is little standing in the way of its path toward the $1 million milestone, especially as institutions continue to indicate interest in BTC.

Schiff Says Gold Will Hit $1M Before Bitcoin

Meanwhile, gold has outpaced Bitcoin’s performance this year, surging over 60% year-to-date compared to Bitcoin’s 16% gain over the same period

However, a longer-term view tells a different story. Bitcoin has risen 837% over the past five years, while gold’s growth over this period stands at a more modest 128%.