Bitcoin's 'Bottom Is In'! Samson Mow Predicts End of BTC Price Drop

Bitcoin maximalist and Jan3 CEO Samson Mow has declared the end of the local bearish trend, asserting that the current market cycle has definitively reached its bottom. Mow attributes his optimistic outlook to several key factors, primarily highlighting Bitcoin's unprecedented achievement of updating its all-time high (ATH) 37 days prior to the halving event in the current cycle. He firmly believes this precedent shatters traditional market models, indicating an irreversible acceleration of Bitcoin cycles. Consequently, Mow dismisses the relevance of analyses that predict market capitulation over the next four months, emphasizing that such calculations are based on outdated cyclical expectations.

Mow’s conviction stems from his observation that if one believes in market cycles, then the occurrence of an ATH before a halving should logically lead to the conclusion that these cycles have accelerated, thereby solidifying the idea that the bottom is already in. He openly criticized proponents of classical technical analysis, pointing out a fundamental contradiction in their behavior. Mow argues that if price charts were truly perfect predictors of the future, analysts should simply sell at market peaks and patiently await bottoms, rather than engaging in the constant drawing of "endless lines." In his view, traditional chart analysis has become entirely divorced from current market realities.

Instead of relying on chart patterns, Mow identifies a substantial block of buy-side liquidity as the actual mechanism stabilizing the Bitcoin market. He specifically points to a dense wall of limit orders positioned at the $58,000 level, which he claims effectively absorbed all selling pressure. This significant buy wall, according to Mow, was instrumental in protecting the market from a more severe collapse. He concludes that the successful absorption of this selling pressure at the $58,000 zone unequivocally established a local bottom, effectively closing the window of opportunity for investors hoping to acquire the asset at even lower prices.

Furthermore, Samson Mow addressed ongoing information attacks targeting major institutional players within the crypto space. He drew a parallel between the criticism directed at certain strategies and a new iteration of "Tether FUD." To bolster his argument against such destabilizing tactics, Mow referenced the latest financial results of Tether, the issuer of USDT, for the first quarter of 2026. The report showed Tether achieving a net profit of $1.04 billion with total assets valued at $191.77 billion. For Mow, these figures conclusively demonstrate the utter failure of attempts to destabilize the market through coordinated fear, uncertainty, and doubt campaigns.