The cryptocurrency market has been experiencing a downturn in recent weeks, resulting in a decrease in market capitalization to its lowest level in over two months. Despite this, Bitcoin and other altcoins have shown resilience, according to market analysts. JAN3 CEO Samson Mow expressed his bullish outlook for the Bitcoin market at the Bitcoin Prague 2023 conference, stating that anything under 30K is "massively undervalued" and that he believes BTC will hit six figures. Mow also highlighted the failure of traditional financial systems and expects to see a wave of Bitcoin adoption within the next five years.
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