Mow: Bitcoin's Recent Surge Not Yet a Real Bull Run
Bitcoin's recent surge to $77,000 has investors optimistic about further gains. However, Jan3 CEO Samson Mow believes that this increase is not yet a 'real bull run.'
Mow argues that Bitcoin's previous record high of $126,000 was only keeping up with inflation, rather than demonstrating explosive growth.
The market mood has shifted with the recent rebound, and investor sentiment has improved. However, Mow's message focuses on the quality of the rise rather than the current price itself.
Market attention is now split between whether the recovery to $77,000 will be a starting point for further gains or if Bitcoin still has a full-fledged bull market ahead.