Mow: Bitcoin's First Bull Run Has Yet to Happen
Samson Mow, a well-known figure in the crypto space, has argued that Bitcoin has yet to experience its first genuine bull run. According to Mow, the recent price surge of over 22% in the past week and reaching $79,000 is not a true bull market.
Mow attributed the previous year's all-time high of $126,000 to inflation-adjusted growth rather than a genuine boom.
The statement has sparked debate among investors about whether Bitcoin can reach even higher levels in future cycles.