Bitcoin (BTC) bull Samson Mo has repeatedly predicted that the major coin will reach his $1 million mark. However, Moh pointed out that amid the recent decline in the gold market, the $1 million BTC goal will not be achieved anytime soon.
Why a $1 million goal can stall
Samson Mo, CEO of JAN3, gave a less exciting response to the rotation of gold capital into Bitcoin.
especially, gold halted bull market It fell to $4,000 on Wednesday, October 22nd. Following this crash, gold lost approximately $2.64 trillion from its market capitalization. This loss is equivalent to approximately 1.2 times Bitcoin’s market capitalization.
The event was one of the largest single declines in gold in years and sparked debate about the potential rotation of capital into Bitcoin.
In theory, this type of rotation could occur through institutional trading, such as spot Bitcoin exchange-traded funds (ETFs). Additionally, a sharp drop in gold could spur panic selling by retailers chasing crypto profits.
“But $1 million in Bitcoin won’t happen anytime soon!” https://t.co/6zWGvYIOHu
— Samson Mo (@Excellion) October 23, 2025
Mo basically agrees about the flow of money into BTC, but cautions against expecting an immediate rally.
His perspective is probably based on market dynamics and liquidity. By way of background, the Bitcoin market is still relatively small and illiquid compared to gold.
Therefore, absorbing $2.64 trillion would require large, coordinated purchases without massive orders. Avoiding extreme volatility could take weeks or months.
Samsung Mo raises Bitcoin target to $10 million
Despite this, Mow remains a strong supporter of Bitcoin. He recently said: Next Bitcoin goal will be $10 millionafter the coin reached $1 million.
If Bitcoin eventually reaches $10 million per coin, it would mean its market capitalization would skyrocket to $197 trillion. Some argue that it is ridiculous for BTC to reach this market cap, and that is understandable.
However, Mo has always denied any skepticism towards BTC. Moe sees major coins as more than just speculative assets or digital versions of gold.
According to Mo and many other Bitcoin supporters, the coin has the potential to replace the dollar, euro, and other fiat currencies.
Additionally, Mow has consistently encouraged unity within the BTC community. he recently alerted the community During the discussion regarding Bitcoin Core v30 upgrade and Knots implementation.
Mow suggested that the ongoing discussions are not contributing to the improvement of Bitcoin as an asset. Rather, he pointed out that this argument is a subtle way to undermine confidence in Bitcoin.
