Bitcoin bull run hasn’t started yet: Jan3’s Samson Mow

Nov 06, 2025

Jan3 founder Samson Mow also argued that fears of Bitcoin OGs selling are overblown and traders should focus on the next bull run, rather than “self-owning themselves.”

Samson Mow, the founder of Bitcoin technology infrastructure company Jan3, argues the Bitcoin bull run is yet to begin, as Bitcoin fell to just under $100,000 earlier this week.

Bitcoin and the broader cryptocurrency market continued to slump this week, with analysts attributing the decline to trade tensions between the US and China, as well as other macroeconomic factors.

Bitcoin selling intensified on Tuesday, and CoinGecko data shows the price dipped to $99,607 on Wednesday.

However, Mow, in a series of bullish X posts, predicted the market still has plenty of upside on the horizon as Bitcoin continues to outperform the US inflation rate of 3%.

Bitcoin has been basically flat for 2025. If you believe in cycles, then it hasn’t topped,” he said.

Bitcoin OGs not selling, Mow says

Macro analyst and Wall Street old hand Jordi Visser said on Sunday that he believes Bitcoin is undergoing an initial product offering phase, where existing holders are selling, and new traders are snapping up the coins.

However, Mow argued on Tuesday that fears of Bitcoin OGs selling are overblown and that traders should focus on the next bull run.

Market in “greed” right now, according to Jan3

The Crypto Fear & Greed Index, an indicator that tracks market sentiment toward Bitcoin and cryptocurrencies, returned to “extreme fear” this week.

Mow’s company Jan3 has its own index, though, which claims to invert the “classic index.”

Sources >> Bitcoin bull run hasn’t started yet: Jan3’s Samson Mow