Samson Mow, CEO of Jan3 and a prominent Bitcoin maximalist, recently sparked controversy within the Bitcoin community with a bold statement on his X platform account. In his post, Mow revisited his earlier remarks and added a super bullish price prediction for Bitcoin, triggering a wave of heated responses.

Mow's statement included a diagram illustrating the proportion of available capital in the market compared to Bitcoin. The visual representation highlighted the relatively small amount of available BTC in circulation compared to the vast capital potentially available for purchasing it. Mow emphasized that despite short-term fluctuations, Bitcoin's trajectory remains bullish, hinting at an eventual price surge.

While expressing surprise at Bitcoin's recent decline, Mow underscored the unprecedented level of adoption the cryptocurrency has witnessed. Despite this, he encouraged followers to "buy the friendly dip" (BTFD), suggesting that market downturns present buying opportunities.

However, some Bitcoin enthusiasts questioned the accuracy of Mow's diagram, arguing that the triangle representing available capital should be larger and the one for available BTC smaller. Mow defended his depiction, suggesting that a closer examination would reveal that "Available Capital" extends beyond the diagram's boundaries.

Meanwhile, Bitcoin has experienced a sudden 4% decline over the past 24 hours, dropping from $70,000 to $67,453 at the time of writing. This comes after a similar decline over the weekend, reflecting ongoing volatility in the cryptocurrency market.

Mow's bullish stance on Bitcoin's long-term prospects contrasts with short-term price fluctuations, prompting discussion and debate within the community. As Bitcoin continues to navigate through market turbulence, Mow's insights and predictions are closely watched by enthusiasts and investors alike.