Bitcoin maximalist and Jan3 CEO, Samson Mow, is sticking to his long-held prediction that Bitcoin will eventually hit $1 million per unit. Mow, who has been making this prediction for some time, reiterated his stance on social media. He believes that the recent approval of spot Bitcoin ETFs by the SEC will lead to a surge in demand for BTC, while the upcoming halving event will reduce supply. Mow thinks that when these two forces meet, the price of Bitcoin will skyrocket to $1 million or more.

Mow is certain that Bitcoin will hit $1 million, but he is less sure about the timing and speed of the price movement. He also thinks that there is a high chance that Bitcoin will jump from $70,000 to $200,000, potentially even happening overnight. The longer the market waits for a significant price movement, the more likely it is that BTC will experience a major price jump.

Despite Mow's optimism, recent data from Santiment suggests that the number of non-empty BTC wallets has dropped significantly over the past three days. This is the largest drop since before Bitcoin's historic peak on March 14, and is likely due to recent price drops which have led holders to sell their assets.

Mow's prediction is based on his belief that the upcoming halving event will reduce the supply of Bitcoin, while the increased demand from ETFs will drive up prices. He thinks that this collision of supply and demand forces will drive the price of Bitcoin up to $1 million or more.

While some may be skeptical of Mow's prediction, his track record of making accurate long-term predictions suggests that his words should not be taken lightly. As the market continues to fluctuate, it remains to be seen whether Mow's prediction will come true. One thing is certain, however: the next few months will be crucial for Bitcoin and the entire cryptocurrency market.