Samson Mow Labels Bitcoin Bear Trap at $82,516.97

Samson Mow Labels Bitcoin Bear Trap at $82,516.97

Samson Mow, CEO of Bitcoin focused Jan3 investment firm Jan3, is wellknown for his bullish predictions and lively X presence, where he shares marketing material. Historically, as his past comments such a 2021 X post (Samson Mow X post) demonstrate, he have predicted Bitcoin reaching $1 million by 2025. His perspectives typically align with maximalist viewpoints since he stresses the longterm value of Bitcoin as both a store of value and inflation hedge. His remark at $82,516.97 clearly reflects his constant hope even amongst latest price drops given his position.

understanding of the bear trap concept

In trading, a “bear trap” is a circumstance under which the price of an object in this scenario Bitcoin drops below a crucial support level, setting off stoploss orders from bullish traders but then rapidly reverses and rises upward to capture bearish traders who fourhaired the object. Mow expects an upward trend, so the recent drop to $82,516.97 is not precisely a sign of downward trajectory. According to earlier user inquiries, Bitcoin was about $93,000 on March 27, 2025, and it crashed 11. 5 percent in two days to $82,516.97, a significant drop that might have initiated panic selling, therefore supporting the bear trap theory.

Let’s confirm the most recent market data. Checking CoinMarketCap shows Bitcoin at $82,516.97 as of March 29, 2025—one day’s change of 9. 87%—verifying the present consumer remark explaining the drop. Close enough evidence pointing a consolidating phase, Coinbase also publishes it at $82,520.12. This decline most likely hit psychological support levels—which will help to clarify Mow’s anticipation of a potential rise—as would a near $82,500.

Early 2025 finds instability in the cryptocurrency sector, with Bitcoin falling after topping. As Changelly pointed on March 27, 2025 at 02:12 PDT—or earlier—that would suggest a bull run and strong purchasing pressure with prices at $93,000. On the other side, the drop to $82,516.96 might be due to profitgrabbing or macroeconomic conditions—including the OECD Economic Outlook of March 16, 2025—that mention global growth moderation (OECD Economic Outlook). Notwithstanding this, Trump’s reports on Forbes on March 23, 2025 on procrypto actions and regulatory adjustments including the SEC halting its Crypto.com investigation on March 27, 2025 appear to offer support to Mow’s bear trap theory in a bullish surrounding.

Bitcoin Price, BTC Price, Live Charts, and Marketcap: bitcoin price, btc price, btc to usdBitcoin price today, BTC to USD live price, marketcap and chart | CoinMarketCapBitcoin (BTC) Price Prediction 2025 2026 2027 – 2030Bitcoin (BTC) Price Prediction 2025, 2026–2030 | CoinCodex https://crypublishx.com/trump-grants-pardon-to-arthur-hayes-and-bitmex-fou/