Bitcoin Bull Run Still Ahead, Says Jan3’s Samson Mow, Predicting Explosive Growth
Despite recent market turbulence and declining prices, Samson Mow, founder and CEO of Bitcoin infrastructure firm Jan3, maintains that the anticipated Bitcoin bull run is still on the horizon. According to Mow, Bitcoin’s current performance is only marginally outpacing inflation and far from the kind of explosive rally many investors associate with a true bull cycle.
In a series of confident statements shared this week, Mow dismissed the notion that Bitcoin’s recent price dip – which saw BTC fall to just under $100,000 – marks any kind of peak. Instead, he suggested that the real growth phase has yet to begin. “The Bitcoin bull run hasn’t started yet. We’re just marginally outperforming inflation at this price range,” said Mow, pointing to the current 3% U.S. inflation rate as a benchmark.
While the broader crypto market has shown signs of weakness—partly due to escalating trade tensions between the United States and China, along with other macroeconomic uncertainties—Mow remains optimistic. He believes Bitcoin still holds significant upward potential, particularly over the next couple of years.
Earlier in the year, Mow made waves by predicting that Bitcoin could skyrocket to $1 million in what he described as a “short and violent upheaval.” Though some critics dismissed this as overly ambitious, Mow stands by his forecast. On Wednesday, he reiterated that those who follow market cycles could expect a potential top in 2026. However, he also emphasized that he personally does not believe in traditional market cycles, suggesting Bitcoin may be entering a transformative era.
“Bitcoin has been basically flat for 2025. If you believe in cycles, then it hasn’t topped,” Mow stated. “That means a longer cycle, a cycle top in 2026? Or it means we’re entering a generational bull run, like gold saw after the ETF launch. Or maybe it’s the end of cycles altogether – an ‘Omegacycle.’ Plan accordingly.”
Mow also addressed concerns circulating in the crypto space about early Bitcoin holders, or “OGs,” offloading their positions. Countering this narrative, he stated unequivocally, “I don’t know any OGs that are selling, by the way.” For Mow, such fears are exaggerated and distract from the bigger picture: preparing for the next major price rally.
His comments stand in contrast to recent analysis by market veteran Jordi Visser, who claimed that Bitcoin may be going through a “product offering phase,” where long-term holders are exiting and new participants are entering. Mow, however, suggests the exact opposite is true—most committed holders are continuing to accumulate, not sell.
This sentiment is reflected in Jan3’s interpretation of market sentiment. While the traditional Crypto Fear & Greed Index dropped to a score of 23 this week—placing it in the “Extreme Fear” zone—Jan3’s own model flips this reading. According to Mow’s firm, Bitcoiners are not afraid of falling prices; they are more concerned about missing the opportunity to accumulate more coins, or “sats.”
“The market’s crying. Bitcoiners? Still stacking,” Jan3 stated. “The Fear and Greed Index sits at 23, which we interpret as extreme greed—because Bitcoiners fear missing sats, not price drops.”
Mow also hinted at the possibility of a dramatic move during the holiday season, responding to a user online with a cryptic “not uncertain” when asked whether a “Christmas god candle” could appear. In crypto slang, a “god candle” refers to a massive, rapid upward price movement, often driven by sudden bullish momentum.
The current stage of the Bitcoin market may very well be a period of consolidation before the next major breakout. Historically, Bitcoin has often gone through extended phases of sideways trading before entering parabolic rallies. If Mow’s predictions are accurate, the market may be approaching such an inflection point.
In addition to his market outlook, Mow emphasized the importance of long-term strategy over short-term sentiment. He urged traders and investors to avoid “self-owning” by prematurely exiting positions based on fear or misinformation. Instead, he advocates for disciplined accumulation, particularly during periods of market uncertainty.
This approach aligns with the behavior of many seasoned Bitcoin investors who view dips as buying opportunities rather than warning signs. As institutional interest continues to grow and regulatory frameworks evolve, Bitcoin’s long-term fundamentals, such as its fixed supply and decentralized nature, remain key drivers of its value proposition.
Looking further ahead, Mow’s vision of a decade-long bull run—similar to gold’s trajectory after the introduction of ETFs—suggests a paradigm shift in how Bitcoin is perceived. Rather than experiencing repetitive boom-and-bust cycles, Bitcoin could be entering a more mature phase characterized by steady adoption and price appreciation.
While short-term volatility will likely persist, the broader trend, according to Mow and others in the industry, points toward increasing institutional involvement, sovereign interest, and retail adoption. This convergence may be setting the stage for a generational investment opportunity.
With 2026 potentially marking a new historic high or even the beginning of a new era for Bitcoin, investors are now faced with a crucial decision: focus on short-term noise, or align with the long-term vision that Mow and others advocate. Either way, the next chapter in Bitcoin’s evolution appears to be rapidly approaching.