Can Bitcoin Reach $1.33M in 2026? Samson Mow Thinks So

What’s Happening

 

• Samson Mow predicts Elon Musk will ‘go hard’ into Bitcoin in 2026.

 

• Anniversary of Hal Finney’s legendary ‘Running Bitcoin’

 

• BlackRock warns of AI power threat to Bitcoin mining.

 

• Strategy MSTR jumps after MSCI decides against excluding Bitcoin Treasury firms.

 

• YOUTUBE ANALYSIS: The problems Bitcoin needs to overcome.

 

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Price Action

Bitcoin has remained within a $10,000 range over the past month. Ranging from lows of $85,000 briefly up to $95,000. As a result, Bitcoin is broadly flat over the past 4 weeks (+1.64%).

Figure 1: BTC ranging over the past month.

 

From a technical perspective, we highlighted the key support (green bar) and resistance (red bar) levels many weeks ago. These have continued to contain BTC price action. However, ultimately, one of them will have to break!

 

It currently looks like BTC will try to break through the $95,000 resistance level again.

 

Figure 2: BTC being contained within support and resistance zones for now.

 

The Big Story: Samson Mow Predicts $1.33M Bitcoin in 2026.

 

Samson Mow has laid out a highly bullish outlook for Bitcoin, arguing that accelerating global adoption could drive the asset toward a valuation of around $1.33 million by 2026. His thesis centres on Bitcoin’s ongoing transition from a speculative trade into a strategically important monetary asset that is increasingly recognised by governments, institutions, and large pools of global capital.

Figure 3: Samson Mow’s bullish predictions

Can any on-chain or valuation models plausibly support such an aggressive forecast? One candidate is Willy Woo’s Top Cap model, which uses a multiplier of Bitcoin’s market-cap moving average to identify cycle extremes. The model successfully captured cycle tops in 2011, 2013, and 2017, although it notably overshot during the 2021 cycle.

Figure 3: Could Top Cap align with Samson Mow’s bullish forecast?

At present, the Top Cap model sits near $635,000 and continues to trend higher. In a scenario where demand accelerates meaningfully, driven by renewed corporate accumulation, high-profile participation from figures such as Elon Musk, and sovereign-level adoption, Bitcoin could plausibly accelerate toward this level and potentially converge with it at seven-figure prices.

While Musk previously cooled Tesla’s acceptance of Bitcoin payments over environmental concerns, Mow argues this position may shift as the mining industry continues its transition toward cleaner and more sustainable energy sources. Given Musk’s outsized influence on market sentiment, any renewed and explicit support could act as a powerful catalyst for incremental demand.

 

Figure 4: Tesla current holdings of BTC.

 

Tesla currently holds 11,509 BTC on its balance sheet. Mow believes a meaningful expansion of corporate holdings, alongside sovereign-nation accumulation, would fundamentally alter Bitcoin’s demand dynamics.

If Bitcoin were to accelerate toward the Top Cap level under these conditions, a $1.33 million price target would no longer appear extraordinary. Instead, it would represent the logical outcome of Bitcoin’s transition into a globally adopted monetary asset.

 

The Bitcoin Magazine Pro Team.