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Samson Mow, chief executive officer at JAN3, suggests the next significant move upward for Bitcoin could be met with increased skepticism from investors.
He notes that many potential buyers missed the opportunity to purchase Bitcoin at lower levels, as they waited for a correction to $40,000 in October.
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Mow previously commented on the status of Liquid BTC network withdrawals, saying peg-outs would remain paused pending further security checks by Blockstream developers, as reported in a prior article. He has also publicly criticized BIP-110 Bcashjr Blakecoin and Zcash projects in the crypto sector, following a Liquid network hack detailed in an earlier report. These comments highlight Mow's continued scrutiny of both technical issues and specific projects within the cryptocurrency industry.