Samson Mow on Bitcoin: Why Recent Price Drops Are a ‘Bear Trap’ and What’s Next for Bitcoin Price

Samson Mow Bitcoin forecast is rooted in his belief in institutional adoption and global macroeconomic instability driving growth. JAN3 CEO Samson Mow denies recent price drops in the Bitcoin market by describing them as a typical “bear trap.” Mow asserts that BTC will eventually earn significant long-term gains despite temporary market changes which induce investor panic. The $1 million Bitcoin price target remains valid according to him because increasing institutional adoption and global macroeconomic instability will drive its growth.

Samson Mow Bitcoin Forecast: A Bullish Outlook

Bitcoin maximalists believe that BTC supply-demand conditions currently favor Bitcoin after Mow expressed this view. Numerous analysts believe Bitcoin’s path is overwhelmingly bullish since new supply reduced by the upcoming halving event and spot Bitcoin ETFs received record-breaking funding. The Bitcoin bear trap explanation suggests that recent price drops are temporary and do not reflect a permanent market alteration.” The current market dip does not deter long-term Bitcoin holders who continue their accumulation pattern as they demonstrate strong conviction in Bitcoin surpassing the six-figure mark.

Source: U. Today

The BTC price fluctuations make some people nervous yet Mow dismisses these ups and downs as temporary interruptions in the long-term market trajectory. The investor advises people to prioritize fundamental Bitcoin characteristics including its limited availability together with its decentralized structure and rising institutional engagement. Mow expresses certainty about Bitcoin’s future success although experts cannot yet predict if Bitcoin will surpass the $1 million mark.Samson Mow Bitcoin $1 million price target reflects his confidence in Bitcoin’s long-term potential, despite recent market fluctuations.”

The ‘Bear Trap’ Explanation: Why Bitcoin Price Prediction Rules to Recent Price Drops?

The Bitcoin (BTC/USDT) data on Binance shows a downtrend shift which stabilized prices before they started recovering. Bitcoin reached storage near $82,000 which triggered a price increase that struggled against resistance at $83,600-$83,800. Multiple oversold levels noticed in the RSI indicator produced upward movements yet the recent period of overbought states led to a temporary price correction. MACD indicator displays alternating death crosses and golden crosses that indicate changing market momentum patterns. An upcoming Death Cross points to possible market slowdown yet this indicator will allow BTC to continue its upward trend if support levels remain stable.

Analyzed by Triparna Baishnab, published on TradingView (March 30, 2025)

Short-term Bitcoin price movements depend on crucial support and resistance levels along the price chart. The price would likely move upward toward $84,000-$84,500 if it crosses past $83,600 and intensify bullish market conditions. BTC may decrease toward either $82,000 or lower prices if it fails to maintain $82,400 support levels. Market participants currently maintain a careful optimistic approach among traders as they monitor momentum signals to validate their next price movement decision. Bitcoin price prediction remains uncertain, influenced by macroeconomic conditions, market sentiment, and regulatory developments.

Samson Mow Dismisses BTC Drop as a Bitcoin Bear Trap

The JAN3 CEO Samson Mow considers recent Bitcoin price falls purely short-term bearish pressure which does not reflect a permanent market alteration. He upholds a $1 million BTC prediction because he connects it to institutional growth alongside economic uncertainties in the market. Bitcoin maximalists predict positive growth after the next halving event because of recent ETF investment records. A 5-minute BTC/USDT chart demonstrates $82,000 as its support area while $83,600-$83,800 functions as resistance. BTC shows increasing momentum as per RSI and MACD readings but only presents bullish signals when it manages to surpass $83,600. Holding $82,400 at this moment could prevent a price decline. The market maintains a cautious positive outlook while expecting Bitcoin to shift in its price direction.