Bitcoin (BTC) Is On the Verge of a Massive Breakout—One That Could Take Most Investors by Surprise

Many in the industry attribute Bitcoin's suppressed price action to fear-driven market sentiment and a temporary liquidity crunch.

Several leading voices in the cryptocurrency space say Bitcoin is on the verge of a massive breakout—one that could take most investors by surprise, according to a recent report by Benzinga.

This commentary follows Samson Mow, CEO of Jan3 and a longtime Bitcoin advocate, expressing astonishment that Bitcoin is still trading under $100,000.

"We should have hit $200,000 already, and it shocks me every day that we’re not there yet," Mow shared in a recent conversation with Milkroad.

Many in the industry attribute Bitcoin's suppressed price action to fear-driven market sentiment and a temporary liquidity crunch. Approximately 2 million coins remain active on exchanges, contributing to short-term volatility.

However, long-term holders—or "hodlers"—are reducing overall circulating supply, tightening what Mow calls the "spring" behind Bitcoin's eventual surge.

Historical precedent supports the possibility of a sudden upward move. In 2017, Bitcoin rose nearly 17x in less than a year, during a period of relatively calm global conditions.

Now, with economic instability, rising geopolitical tensions, trade wars, and currency devaluation in play, many believe the conditions are even more favorable for another explosive rally.

Other indicators also point to an impending structural shift. Bitcoin's hash rate—considered a leading signal of network strength and miner confidence—continues to climb, reaching all-time highs.

Mow suggests that sovereign entities may now be involved in mining, driving this surge in computational power with little regard for profitability, thanks to access to free or excess energy resources.

This same price-insensitive mindset appears to be influencing Bitcoin buyers as well. Corporations like MicroStrategy are accumulating Bitcoin regardless of short-term price fluctuations, reflecting a long-term belief in its store-of-value potential.

The big question now is whether this trend will spread to other companies—and even nation-states.

"Once it becomes a race to print money to buy Bitcoin," Mow cautioned, "then all the gloves are off."

With structural changes in mining, corporate accumulation, and growing sovereign interest, many analysts believe Bitcoin is on the edge of another major run—possibly beyond $200,000—sooner than most expect.