Jan3 CEO Samson Mow says that Bitcoin dominance hasn’t yet exhausted its upside trajectory after analyzing how altcoin prices would stack up against Bitcoin if all were on equal terms of total supply.

His forecast for Bitcoin (BTC) Dominance to rise further comes as the ratio has already exceeded the levels many crypto analysts expected it would reach by late 2024.

“Unit bias is absolutely destroying the uninitiated,” Mow said in an April 19 X post. Mow suggested that unit bias — a psychological method in behavioral economics that suggests that individuals usually like to own a complete unit or stock regardless of its price and size — often causes less experienced investors to assume cheaper whole altcoins are better value than owning part of a Bitcoin.

Mow questions altcoin valuations on level playing field

“You can buy one twenty-one millionth of the BTC supply for ~$85,000,” Mow said. He asked, “What happens if you remove unit bias from alts to calculate the equivalent of 1/21 million?”

He pointed out that Ether (ETH) would be priced at $9,200, XRP (XRP) would be priced at $5,800, and Solana (SOL) would be priced at $3,400 — representing increases of approximately 278,746%, 470%, and 2,328%, respectively, from their prices at the time of publication, according to CoinMarketCap data.

“No way these alts are worth that much,” Mow said. 

Source: Samson Mow

Sunny Po, an anonymous Bitcoin proponent, said on Jan. 12 that “Unit bias is a core foundational framework of the normie mind. ‘Cheaper better.’”

Mow said that “most” altcoins take advantage of unit bias by implementing a very high total supply so market participants “can’t figure out what they’re buying.”

Related: XRP: Why it’s outperforming altcoins — and what comes next

Based on his calculations, Mow said Bitcoin dominance is going “so much higher.” Bitcoin dominance — a metric that reflects Bitcoin’s share of the total crypto market capitalization — is often used by traders to gauge when Bitcoin might be nearing a price peak. 

Historically, when Bitcoin Dominance declines, it often signals the start of altcoin season, with capital flowing from Bitcoin into altcoins to find higher returns.

Bitcoin Dominance is up 9.11% over the past six months. Source: TradingView

At the time of publication, Bitcoin Dominance is sitting at 63.66%, as per TradingView data.

Several crypto analysts were forecasting Bitcoin Dominance to top out at 60% in late 2024 before the beginning of an altcoin season.

In August 2024, Into The Cryptoverse founder Benjamin Cowen said “I don’t think it is going back up to 70%, my target for Bitcoin dominance has been 60%.”

Magazine: Altcoin season to hit in Q2? Mantra’s plan to win trust: Hodler’s Digest, April 13 – 19

The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire financial system, warns the head of a blockchain investment firm.

“Many of their recommendations and conclusions – perhaps due to a mix of fear, arrogance or ignorance–are completely uninformed and frankly, dangerous,” CoinFund president Christopher Perkins said in an April 19 X post, referring to the BIS April 15 report titled “Cryptocurrencies and decentralized finance: functions and financial stability implication.” 

BIS recommendations exposes TradFi to risks of “unimaginable scale”

“Crypto is not communism,” Perkins said, pushing back against the BIS’s call for a “containment” approach to isolate crypto from traditional finance and the broader economy.

“It’s the new internet that provides anyone with a connection access to financial services,” Perkins said. “You cannot control it anymore than you control the internet,” he added.

Perkins warned that a containment approach to crypto would expose the traditional financial system to massive liquidity risks “of unimaginable scale,” especially when the crypto market operates in real-time, 24/7, while traditional financial markets shuts down after trading hours.

“If implemented they will cause–not mitigate–the systemic risk they seek to prevent.”

The report warned that the number of investors and amount of capital in crypto and DeFi have “reached a critical mass,” with investor protection becoming a “significant concern for regulators.”

Source: Michael Egorov

Perkins pushed back against the BIS’ claim that DeFi presents significant challenges, arguing instead that it represents a “significant improvement” over the “opacity” and imbalances of the traditional financial system.

Related: Crypto industry is not experiencing regulatory capture — Attorney

Responding to the BIS’s concern about the anonymity of DeFi developers, Perkins questioned its relevance:

“Sorry, but when was the last time a TradFi company published a list of its developers? Sure, public companies provide a degree of disclosures and transparency, but they seem to be dying off in favor of private markets.”

Perkins also critiqued the BIS’s concern around stablecoins that it could lead to “macroeconomic instability in countries like Venezuela and Zimbabwe.”

“If there is demand for USD stablecoins and it helps improve the condition of anyone in the developing world, perhaps that is a good thing,” Perkins said.

Source: Christopher Perkins

Perkins wasn’t alone in criticizing the controversial report. Lightspark co-founder Christian Catalini also weighed in, posting a series of critiques on X that same day. Catalini summed up the report with the analogy:

“Think: writing parking regulations for a fleet of self‑driving drones — earnest work, two technological leaps behind.”

Magazine: Altcoin season to hit in Q2? Mantra’s plan to win trust: Hodler’s Digest, April 13 – 19

Financial educator, author of Rich Dad, Poor Dad, and investor Robert Kiyosaki recently forecasted a $1 million Bitcoin (BTC) price by 2035 as the US dollar continues to lose value to inflationary monetary policies.

“I strongly believe, by 2035, that one Bitcoin will be over $ 1 million, Gold will be $30,000, and silver $3,000 a coin,” Kiyosaki wrote in an April 18 X post.

Kiyosaki, a self-described gold bug, has long argued that bearer assets like gold, silver, and more recently Bitcoin, are critical hedges against inflation and key to long-term generational wealth accumulation through economic cycles.

United States M2 money supply 1959-2025. Source: TradingView

“In 2025, credit card debt is at all-time highs, US debt is at all-time highs, unemployment is rising, 401k’s are losing, and pensions are being stolen. The USA may be heading for a greater depression,” Kiyosaki warned.

Kiyosaki, like many other sound money advocates, has continually warned of an impending financial crash brought on by expansionist monetary policies and fiscal irresponsibility. Bitcoin maximalists argue that loose monetary policy will drive the price of Bitcoin to seven-figures.

Related: Bitcoin could hit $1M if US buys 1M BTC — Bitcoin Policy Institute

Analysts eye $1 million BTC in the 2030s

In May 2024, Twitter co-founder Jack Dorsey forecasted that the price of a single BTC would be $1 million by 2030 and could appreciate further.

Trader and investor Michaël van de Poppe told Cointelegraph, in November 2024, that Bitcoin could go to $1 million. However, the price appreciation would come with hyperinflation and a broader economic collapse, the trader said.

Blockstream CEO Adam Back said the price of Bitcoin could rise to $1 million per coin if the Trump administration established a Bitcoin strategic reserve for the United States and started buying Bitcoin on the open market.

On Dec. 10, Eric Trump delivered the keynote speech at the Bitcoin MENA event in Abu Dhabi, United Arab Emirates (UAE), and predicted that Bitcoin would hit $1 million due to its scarcity.

More recently, in February 2025, Ark Invest CEO Cathie Wood said that Bitcoin could hit $1.5 million by 2030 if demand for the digital asset continues to grow.

Magazine: TradFi fans ignored Lyn Alden’s BTC tip — Now she says it’ll hit 7 figures: X Hall of Flame