Expert Says $1 Million Bitcoin and “Omega Candle” Is Just Around the Corner
Samson Mow, a distinguished Bitcoin advocate, entrepreneur, and CEO of Jan3, has forecasted that an “Omega candle” and $1 million Bitcoin (BTC) are “simply round the nook.”
The Bitcoin maximalist argues that the out there provide is much decrease than the market acknowledges and {that a} worth under $120,000 is undervalued.
Samson Mow Explains Why $1 Million Bitcoin Is Coming
In an interview with Pete Rizzo, Mow argued that current market habits challenges the thought of a fixed four-year cycle. He famous that Bitcoin reached an all-time high earlier than the halving and solely noticed a much less euphoric peak afterward.
While some interpret this as a cycle high and anticipate a protracted downturn, Mow disagrees.
“Everything is up in the air now. And I believe an Omega candle and $1 million Bitcoin is simply round the nook, particularly with all the purchase stress that’s flooding the market now with Saylor via STRC and different Bitcoin treasury firm gamers all coming in,” he said.
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Mow didn’t lay out a selected timeline however mentioned the transfer would occur “in a short time.”
“There are solely 21 million, and the provide to be mined is lower than one million. And there are a number of massive entities scooping up Bitcoin. Like you wouldn’t imagine, with no intention to cease and no sensitivity to the worth. So when you don’t imagine in 1 million Bitcoin, good luck. But it’s coming,” he famous.
The govt argued that Bitcoin’s provide is much extra constrained than the market assumes. He recommended this misunderstanding may finally result in a provide shock, as Bitcoin’s mounted provide turns into extra obvious.
“People assume there’s, you understand, 2 3 million cash on exchanges prepared on the market. But these aren’t cash which can be meant on the market. That is liquidity. That’s market makers, buying and selling companies, and hedge funds utilizing that Bitcoin on trade to carry out different actions. And it’s not meant to be simply bought and by no means purchased again,” Mow famous.
He additionally highlighted that giant institutional patrons, corresponding to MicroStrategy below Michael Saylor, are persevering with to accumulate even during downturns, reducing their common value.
Similar habits from different treasury-focused companies, corresponding to Metaplanet, reinforces the concept that these entities act as price-insensitive patrons of final resort, constantly absorbing out there provide.
In his view, the undeniable fact that traders are nonetheless prepared to promote at comparatively low ranges allows this accumulation, however it’s unlikely to persist indefinitely.
In addition, Mow maintains that “we’re actually early.” Based on components such as inflation changes and valuation fashions like the stock-to-flow mannequin, he believes Bitcoin is presently undervalued, with truthful worth estimates effectively above prevailing costs.
“Even something below $120,000, $110,000 I believe, is under truthful market worth. Just protecting monitor with inflation, like Bitcoin must be at 111,000, I believe, to maintain monitor with inflation over the previous 4 to 5 years, and then truthful market worth from inventory to circulation fashions are indicating its truthful market worth is one thing like $110 $115,000, so it is a deep, deep low cost proper now, and it’s as a result of individuals don’t actually perceive Bitcoin,” he remarked.
Experts Back BTC’s Seven-Figure Forecast
Mow’s view echoes related projections from main institutional voices. Bitwise Chief Investment Officer Matt Hougan highlighted that Bitcoin may attain $1 million if it captures roughly 17% of a projected $121 trillion store-of-value market within a decade.
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ARK Invest CEO Cathie Wood maintains a 2030 goal of $1.2 million for Bitcoin. Wood revised the determine down from $1.5 million in late 2025, citing the rise of stablecoins.
The Gap Between Bitcoin Forecasts and Reality
Despite these calls, Bitcoin trades roughly 39% under its October 2025 all-time high of over $126,000. The asset traded at $76,855 on April 27, with several analysts forecasting a market backside solely in late 2026.
From round $76,855, reaching $1 million would require a worth improve of practically 1,200%, or greater than 13 occasions the present worth. Such a transfer is likely to be mathematically potential over a multi-year horizon, however unlikely in the quick time period.
Bitcoin additionally missed a number of bullish 2025 forecasts that called for $150,000 or greater by year-end. While the asset could finally method the seven-figure milestone, the path appears to be like far longer than Mow’s “Omega candle” framing suggests.
Forecasts of this scale stay eventualities, not assured targets, and a $1 million Bitcoin would require a significant structural shift in the market.
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