Ah, dear reader! Allow me to regale you with the latest pronouncement from none other than Mr. Tim Draper, a gentleman of considerable repute in the realm of technological investments and an ardent admirer of the enigmatic Bitcoin. On this occasion, he has graced his social media followers with his thoughts amidst what might be termed a veritable bloodbath of the BTC market. Indeed, it appears that our beloved cryptocurrency has had quite the tumble, descending to the rather alarming price of $70,000.
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Key bullish Bitcoin nuance revealed by Draper
Mr. Draper, famed for his frequent declarations regarding Bitcoin’s prospects, has once again proclaimed a bullish sentiment that would surely make one’s heart flutter with hope. Over the past five years, he has confidently asserted that this digital currency is poised to ascend to a staggering $250,000 within the next twelvemonth. Alas, such lofty predictions have yet to materialize; the peak of our dear Bitcoin reached a mere $126,198 last October, and since then, it has plummeted almost 20%, a rather disheartening fall from grace.
In his latest missive, Mr. Draper boldly declared that Bitcoin presents a “palpable” opportunity for investors, urging the crypto community to exhibit patience and to embrace a long-term outlook. He further extolled Bitcoin as a far more secure investment than the offerings of what he refers to as the “leaky banks” and profligate governments.
The #bitcoin opportunity is palpable. In it for the long haul. Waaay better and more secure than trusting leaky banks and spending governments.
– Tim Draper (@TimDraper) February 4, 2026
Bitcoin should be at $0.11 million now: Samson Mow
Meanwhile, another character in this intriguing narrative, Mr. Samson Mow, a self-proclaimed Bitcoin maximalist and the esteemed CEO of JAN3, has taken to Twitter to declare that the bear market enveloping Bitcoin since 2025 is on the verge of conclusion. He reminded his audience of the remarkable high of $126,000 attained by BTC last year, a feat he argues could scarcely occur in a true bear market.
He contended that the concept of a bear market is, in fact, an overly simplistic assessment of the grand macroeconomic tableau. Since the dawn of 2025, Bitcoin has been languishing against all major assets-gold, M2 expansion, and the S&P 500-suffering a staggering 58% drop against gold alone. January of this year saw gold peaking at a new zenith of over $5,000 per ounce, only to experience a subsequent collapse of 30%. A most dramatic affair indeed!
If we tracked the S&P from 2025 to now, Bitcoin should be at $0.11M. Let’s not even bother with the gold calculation. @david_eng_mba’s analysis states fair market value according to power law is $0.12M.
Bitcoin is incredibly undervalued at these levels.
– Samson Mow (@Excellion) February 4, 2026
Mr. Mow, with a flourish of his quill, posited that our current market conditions are anything but normal. With his assertion that we dwell in the “late stages of fiat,” he suggests that one ought to prepare for the unexpected. Under conditions deemed normal, he claims Bitcoin ought to be trading at approximately $0.11 million today, whilst gold should fetch around $0.17 million per ounce, if we adhere to the principles of the power law. An extraordinary hypothesis, would you not agree?
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2026-02-05 12:05