Black Friday hits Bitcoin (BTC): "Buying opportunity!"

Famous Bitcoin maximalist and CEO of JAN3, Samson Mow, described the drop in Bitcoin (BTC) as a Black Friday discount.

With the rapid decline that has scared crypto investors, Bitcoin has come to the fore with the comments of famous figures. The majority of crypto analysts and traders see this pullback in BTC as a buying opportunity. Samson Mow believes that this decline in the leading cryptocurrency should be seen as a buying opportunity. Mow, in a post on X (formerly known as Twitter), reassured his followers by referring to the decline in BTC as a "Black Friday Sale."

The hopes of a rise in Bitcoin (BTC) continue

Bitcoin, losing 5.83% in the last 24 hours, dropped from $98,650 to $92,500. Last Friday, Bitcoin had come very close to $100,000. However, since then, it has experienced a 7.14% decline. Black Friday discounts will start on November 29th. Samson Mow shared the message 'Bitcoin Black Friday discount' with his followers on X based on this.

On November 25th, Robert Kiyosaki, the author of the book 'Rich Dad Poor Dad', a famous investor, predicted that Bitcoin could reach $500,000 by 2024. Kiyosaki's statements, based on artificial intelligence data, sparked a debate. Not only famous names,

A crypto investor tagged Blockstream CEO Adam Back on social media platforms, claiming that if Bitcoin were to be added as a reserve asset of the US, it could reach a seven-figure price.

Whale purchases attracted attention

According to a report by the on-chain analysis firm Santiment, Bitcoin whales took advantage of the decline to make large purchases. The report stated that at least 10 whales accumulated a total of 63,922 Bitcoins worth $6.06 billion in November. Santiment predicts that if whales continue to buy, Bitcoin's upward trend will remain strong and declines may be short-lived.

This article does not contain investment advice or recommendations. Every investment and trading activity carries risk, and readers should conduct their own research when making decisions.