Samson Mow blamed newbie investors for Bitcoin's decline
Jan3 founder Samson Mow attributed the Bitcoin price decline to new investors rushing to sell their cryptocurrency to lock in profits.
According to Mou, the decline in the price of the leading cryptocurrency is due to a massive sell-off by investors who bought it over the past 12-18 months. This includes people who own Bitcoin directly, as well as investors who invest in BTC-linked exchange-traded funds (ETFs) and who don't own Bitcoin directly. Mou commented: newbie investors are selling Bitcoin to secure a 20-30% fiat profit amid rumors of an imminent bearish trend in the crypto market.
Jan3's founder suggested that newbie investors had been reading news that Bitcoin's market cycle had already peaked in 2025. Their concerns were heightened by reports of major whales selling the crypto asset.
Mow described such investors as speculators who simply follow the news cycle instead of buying Bitcoin, committed to the fundamental principles of the original cryptocurrency. The businessman asserts that early Bitcoin investors still hold significant amounts of the original cryptocurrency. He believes that a Bitcoin bull run is imminent, and that 2026 will be a successful year for the original cryptocurrency.
“This type of seller has already dried up, the confident hodlers have taken their coins, and this is the best-case scenario,” Mow wrote on social media.
Recently, Jan3's founder suggested that Bitcoin could surpass gold in growth rate. Mow believes that, over time, almost all countries will add Bitcoin to their strategic reserves, following the US example.
Source: cryptonews.net
