In a bold departure from traditional market models, Jan3 CEO Samson Mow has declared the four-year Bitcoin halving cycle obsolete, replacing it with what he calls an “Omega candle” targeting a $1 million price. Speaking in a recent interview, Mow argued that available Bitcoin supply is dramatically lower than the market recognizes, making any price below $120,000 structurally undervalued.
“Everything is up in the air now,” Mow stated. “An Omega candle and $1 million Bitcoin is just around the corner, especially with all the buy pressure that is flooding the market now with Saylor through STRC and other Bitcoin treasury company players all coming in.”
The prediction aligns with other prominent voices. Bitwise CIO Matt Hougan independently models a $1 million base case within a decade, requiring only a 17% share of a projected $121 trillion global store-of-value market. Hougan also noted that the Federal Reserve’s influence on Bitcoin price is fading, calling it a secondary factor in today’s market.
MicroStrategy founder Michael Saylor echoed similarly ambitious targets at the Bitcoin 2026 Conference, suggesting Bitcoin could eventually reach $10 million by capturing a share of the $300 trillion credit market and $100 trillion stock market. He detailed how Strategy’s STRC financial product offers an 11% annual return with a 2.7 Sharpe ratio, outperforming major benchmarks like Nvidia and the S&P 500.
At the current price of $77,000, Bitcoin sits 40% below its October 2025 record high. Analysts point to ETF inflows and evolving regulatory clarity as macro catalysts that could trigger a near-vertical price surge, compressing months of price discovery into days.