Bitcoin Drops to $500? Mow Says “Stop Joking” — Target Is $1,000,000!

Bitcoin breaks above $112,000, market heat continues to rise.

On July 10, 2025, Bitcoin reached a new historical high, hitting $112,000. As a barometer of the crypto market, this performance naturally attracted attention. Especially against the backdrop of Bitcoin ETFs, institutional entry, and inflation in multiple countries, BTC’s rise seems to be a matter of course. (As of July 15, BTC has surpassed the historical high of $123,200.)

However, when the price rises significantly, it is inevitable that some people will sing a different tune.

Mow: $0.5M is the target, $0.112M is not surprising.

Samson Mow has always advocated for a “super Bitcoin bull market.” In commenting on BTC’s new high, he stated that $112,000 “isn’t interesting,” and what really matters is $500,000, or even $1,000,000.

He believes that this level of increase will not rise slowly, but will “violently surge in a short period of time”, similar to historical “hyperinflation currency collapses”.

Is Charlie Lee’s “$0.5k” comment a joke or a warning?

Litecoin founder Charlie Lee replied, “$0.5k is quite interesting.” This comment seems to carry a sarcastic tone, with some believing that he is warning investors not to be overly optimistic.

Mow’s response, “Are you talking about Litecoin?” further emphasizes his absolute confidence in BTC.

From the market reaction, most people believe this is a media hype, but it also highlights investors’ concerns about future price fluctuations.

Current BTC data: Strong on-chain, continuous capital inflow

According to Glassnode data:

• The number of wallets holding BTC for over 6 months has reached a historical high.
• Coinbase, Binance and other exchanges’ BTC reserves continue to decrease;
• The daily on-chain transaction volume continues to grow, indicating an increase in activity.

In addition, according to futures market data, the open interest and trading volume of BTC are both at historical highs, indicating a highly active market.

Investment advice: Approach market sentiment rationally and do not let “jokes” influence your judgment.

The “tongue battle” between Mow and Lee is actually a market signal – prices are at a high, and the divergence is starting to intensify. Whether you are bullish to $500k or worried it will fall to $0.5k, rationality and risk control should always come first.

Suggestions for investors:

• Do not chase highs, do not blindly increase leverage;
• Maintain position management and build positions in batches;
• Refer more to on-chain data and macro trends, without being influenced by emotions.

Conclusion: Bitcoin to Hit $0.5k? Perhaps it was just a joke from Charlie Lee, but it has indeed prompted a renewed reflection on market bubbles, risks, and future price paths. The bull market is still ongoing, but the mindset must remain stable.