News View Non-AMP

Bitcoin’s Next Breakout? Experts Say $200K Is Long Overdue

Published by
Anjali Belgaumkar

Despite global economic uncertainty and a series of market shocks, several leading voices in the cryptocurrency space say Bitcoin is on the verge of a massive breakout—one that could take most investors by surprise.

Samson Mow, CEO of Jan3 and a longtime Bitcoin advocate, recently expressed astonishment that Bitcoin is still trading under $100,000. “We should have hit $200,000 already, and it shocks me every day that we’re not there yet,” Mow said in a recent interview with Milkroad. 

Short-Term Fear, Long-Term Accumulation

Many in the industry attribute Bitcoin’s suppressed price action to fear-driven market sentiment and a temporary liquidity crunch. Approximately 2 million coins remain active on exchanges, contributing to short-term volatility. However, long-term holders—or “hodlers”—continue to accumulate, reducing overall circulating supply and tightening what Mow calls the “spring” behind Bitcoin’s eventual surge.

Historical precedent supports the possibility of a sudden upward move. In 2017, Bitcoin rose nearly 17x in less than a year, during a period of relatively calm global conditions. Now, with economic instability, rising geopolitical tensions, trade wars, and currency devaluation in play, many believe the conditions are even more favorable for another explosive rally.

Bitcoin’s History Suggests Explosive Moves Are Possible

Other indicators also point to an impending structural shift. Bitcoin’s hash rate—considered a leading signal of network strength and miner confidence—continues to climb, reaching all-time highs. Mow suggests that sovereign entities may now be involved in mining, driving this surge in computational power with little regard for profitability, thanks to access to free or excess energy resources.

This same price-insensitive mindset appears to be influencing Bitcoin buyers as well. Corporations like MicroStrategy continue to accumulate Bitcoin regardless of short-term price fluctuations, reflecting a long-term belief in its store-of-value potential. The big question now is whether this trend will spread to other companies—and even nation-states.

“Once it becomes a race to print money to buy Bitcoin,” Mow warned, “then all the gloves are off.”

With structural changes in mining, corporate accumulation, and growing sovereign interest, many analysts believe Bitcoin is on the edge of another major run—possibly beyond $200,000—sooner than most expect.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

Will XRP Price Hit $5 in 2025?

After nearly four years, Ripple has officially ended its long-running legal battle with the U.S.…

June 28, 2025

Altcoin Bull Run Ahead? Top Analyst Says the Bottom Is In!

Altcoins may have just hit rock bottom — and that might be great news for…

June 28, 2025

Ripple SEC Lawsuit Ends – XRP ETF Incoming? Price Set to Break $3 Soon!

After 4 years of long courtroom drama, Ripple’s legal fight with the SEC has finally…

June 28, 2025

Gemini Launches Tokenized US Stocks in EU, Starting With MicroStrategy (MSTR)

Cryptocurrency exchange, Gemini, has announced the launch of its first tokenized US stock, MicroStrategy (MSTR),…

June 28, 2025

Why Altcoin Season Isn’t Here Yet?

Altcoin season has not arrived yet, and expert Benjamin Cowen has explained why in his…

June 28, 2025

Bitcoin Price To Hit New All‑Time High Coming Week, Says Analyst Michaël van de Poppe

The crypto market has remained stable today. Bitcoin is trading at $107,375, up 0.3% in…

June 28, 2025