{"id":21309,"date":"2025-02-19T16:57:53","date_gmt":"2025-02-19T14:57:53","guid":{"rendered":"https:\/\/forklog.com\/en\/samson-mow-detects-signs-of-bitcoin-price-suppression\/"},"modified":"2025-02-19T16:57:53","modified_gmt":"2025-02-19T14:57:53","slug":"samson-mow-detects-signs-of-bitcoin-price-suppression","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/samson-mow-detects-signs-of-bitcoin-price-suppression\/","title":{"rendered":"Samson Mow Detects Signs of Bitcoin Price ‘Suppression’"},"content":{"rendered":"

The movement of the leading cryptocurrency appears “very manufactured,” according to JAN3 CEO Samson Mow, reports Cointelegraph<\/a>.<\/p>\n

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“It seems we are witnessing a ‘suppression’ of the price. […] You might call it consolidation, but it appears very ‘engineered.’ A very narrow range, which overall looks unnatural,”<\/em> the expert explained.<\/p>\n<\/blockquote>\n

Bitcoin has been trading sideways between $92,400 and $106,500 since December 18, 2024. Following the inauguration of U.S. President Donald Trump<\/a> on January 20, prices reached a historic high of $109,000<\/a>, only to return to the previous range, as noted by the publication.<\/p>\n

The JAN3 CEO pointed to the inflow of funds into ETFs and purchases by corporations like Strategy, which openly acquire “multiples of mined bitcoins.”<\/p>\n

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“If the price isn’t moving despite institutions and retail investors accumulating coins, then someone must be offloading them,”<\/em> Mow observed.<\/p>\n<\/blockquote>\n

According to the expert, last year “structural sellers” liquidated bitcoin positions due to bankruptcies and restructuring, but this period is largely over.<\/p>\n

On February 18, 2025, the defunct exchange FTX initiated the first wave of creditor repayments and announced another round of payments in May.<\/p>\n

Compensations are based on the bitcoin price at the time of the platform’s bankruptcy, when the asset was trading near $20,000.<\/p>\n

The JAN3 CEO believes there is a market participant capable of sustaining sales of coins by FTX clients, shaping the current market conditions, as evidenced by the lack of growth in the digital gold’s price.<\/p>\n

Earlier, K33 noted the “lethargic state” of the bitcoin market.<\/p>\n

Experts at CryptoQuant have concluded that the leading cryptocurrency might enter a new bearish phase.<\/p>\n

Previously, CoinDesk identified three risks to bitcoin losing the $90,000 level.<\/p>\n","protected":false},"excerpt":{"rendered":"

The movement of the leading cryptocurrency appears “very manufactured,” according to JAN3 CEO Samson Mow, reports Cointelegraph. “It seems we are witnessing a ‘suppression’ of the price. […] You might call it consolidation, but it appears very ‘engineered.’ A very narrow range, which overall looks unnatural,” the expert explained. Bitcoin has been trading sideways between […]<\/p>\n","protected":false},"author":1,"featured_media":21308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1145,1138,1763],"class_list":["post-21309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-market-analysis","tag-opinions","tag-samson-mow"],"aioseo_notices":[],"amp_enabled":true,"views":"143","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=21309"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/21309\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/21308"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=21309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=21309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=21309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}