As the Bitcoin price threatens to sink below $100,000, cryptocurrency expert Samson Mow has blamed the recent decline on new investors taking early profits. His theory stands in contrast to previous claims that OG investors are dumping Bitcoin over rising institutional and government interest.
Samson Mow has pointed accusing fingers at new Bitcoin investors over the recent slump in asset prices, highlighting a streak of selloffs. According to an X post, Mow noted that BTC’s decline stems from mass profit-taking by investors who purchased Bitcoin in the last 12-18 months.
The cryptocurrency expert disclosed that the cohort comprises individuals holding actual Bitcoins and investors in exchange-traded funds (ETFs). Mow added that recent investors are selling their holdings to rake in 20%-30% fiat gains on Bitcoin amid whispers of an imminent bear market.
Data from CoinMarketCap showed that the sell-off has sent Bitcoin’s price tumbling toward the $100,000 mark, down from its all-time high of over $126,000. Heavy selling pressure may have triggered the largest liquidation event in cryptocurrency history back in October.
Mow’s sources disclosed that the cohort was spooked by multiple reports of the market peaking in 2025 during this cycle. Furthermore, their fears were amplified by claims of Bitcoin OGs selling their assets after being disillusioned by heavy institutional adoption since the start of the year.
Mow described the new investors as speculators who merely follow the news rather than Bitcoin buyers with the core principles at heart. He argued that the early Bitcoin investors are still hodling sizable amounts of the premier cryptocurrency, scooping up assets from new buyers.
In an upbeat prediction, Mow theorized that the new investors have depleted their holdings and an imminent rally for Bitcoin is within reach. While Mow did not offer an end-of-year prediction for the largest cryptocurrency, he disclosed that 2026 will be a pivotal year for Bitcoin, eyeing a near-term meteoric rally.
“This cohort of sellers is also depleted, and HODLers with conviction have now taken their coins, which is always the best case scenario,” said Mow. “2026 is going to be a great year.”
Previously, Samson Mow has tipped Bitcoin to reach a milestone of $1,000,000, particularly driven by nation-state adoption and strategic reserves for the leading virtual currency.
Source: https://zycrypto.com/samson-mow-blames-bitcoin-sell-off-on-new-holders-says-ogs-are-still-hodling/
