Bitcoin achieved a significant milestone this week, reaching an unprecedented peak of $125,559 on Sunday, October 5. The cryptocurrency then settled around $123,500. This development maintains Bitcoin’s status in the six-figure range and reflects a seven-day increase of nearly 13%.
In light of these events, Jan3 CEO Samson Mow reaffirmed his long-standing forecast that Bitcoin could eventually reach a value of $1 million. He shared on X that investors still have the opportunity to purchase Bitcoin for less than $200,000 but cautioned that this window may soon close.
You can still acquire #Bitcoin for under $0.2M.
— Samson Mow (@Excellion) October 5, 2025
Mow’s comments align with the decreasing supply situation. Currently, there are approximately 19.92 million Bitcoins in circulation out of a maximum cap of 21 million coins—leaving just about 1.1 million left to be mined. At today’s valuation levels, Bitcoin is estimated to be worth $2.59 trillion—a figure surpassing many global corporations and comparable to the GDPs of major world economies.
$200,000 BTC
For market enthusiasts, reaching $200,000 marks an important psychological threshold. They believe institutional investments and regulated financial products will likely accelerate its ascent toward this target.
The introduction of exchange-traded funds in the U.S., along with corporate treasury allocations into Bitcoin assets are expected to drive demand upwards shortly while retail investors continue their aggressive buying strategy during price dips.
Skeptics highlight potential risks associated with such high valuations but Mow argues these prices result from early adoption rather than late entry into crypto markets&46 He perceives sub-$&50;0&,0&,00 BTC as an opportunity rapidly closing due both diminishing supply factors coupled alongside growing institutional interest levels among savvy investors worldwide&46;