Samson Mow, CEO of JAN3 and a prominent Bitcoin supporter, has made a striking statement about the current value of Bitcoin. According to Mow, Bitcoin is "incredibly undervalued" at present, and he expects its price to skyrocket to $1 million soon. This prediction is based on his "Omega Law" theory, which suggests that spot Bitcoin ETFs will create a demand shock, while the recent BTC halving will create a supply shock, leading to a massive price increase.

Mow's statement comes at a time when Bitcoin has recaptured the $63,000 level, only to lose it again. Despite this volatility, Mow remains bullish on Bitcoin's prospects, citing the accumulation of Bitcoin by spot ETFs since January as a key factor. He believes that the market will be able to absorb current sales, leading to a price surge.

The approval of spot Ethereum exchange-traded funds is also expected soon, which could further boost the cryptocurrency market. Many in the crypto community are eagerly awaiting this development, which could lead to increased adoption and higher prices.

Samson Mow's prediction is not just a mere speculation but is based on his thorough analysis of market trends and factors. His "Omega Law" theory has been gaining traction, and many in the crypto community are following his predictions closely.

In conclusion, Samson Mow's bold prediction has sent shockwaves through the cryptocurrency market. While some may view his prediction as overly optimistic, others see it as a sign of the growing mainstream acceptance of Bitcoin and cryptocurrencies. As the market continues to evolve, one thing is certain - Samson Mow's prediction has added fuel to the fire, and the world is watching with bated breath.