TLDR
- Samson Mow believes the next Bitcoin rally will be stronger than gold’s recent performance.
- Bitcoin recently corrected from a record high of $ 69,044 to around $ 54,000.
- Gold has surged past $4,370 this week driven by trade tensions and rate cut expectations.
- Mow predicts Bitcoin could reach $1 million by December 2025 despite its current dip.
- Peter Schiff argues that gold is a safer asset and advises investors to sell Bitcoin.
Bitcoin (BTC) proponent Samson Mow has projected that the cryptocurrency’s next surge will significantly overshadow gold’s recent impressive gains. Despite Bitcoin’s recent correction, Mow maintained that its fundamentals remain strong and institutional demand continues to rise steadily. His comments reignited the ongoing debate over whether Bitcoin can outperform traditional safe-haven assets, such as gold.
Bitcoin Falls from Peak but Long-Term Outlook Remains Bullish
Bitcoin experienced a sharp decline after reaching an all-time high of $126,198, dropping to $107,000 within days. This correction followed a week of volatility that started last Friday when the price stood around $120,000. Bitcoin’s current trading price is approximately $108,461, showing resilience despite market pressure.
Samson Mow remained confident, stressing that Bitcoin is still undervalued at current levels. He remarked, “The next Bitcoin price surge will put gold’s rally to shame.” He based this prediction on the increasing adoption of Bitcoin and its fixed supply.
When Bitcoin runs up, it will put the gold rally to shame.
— Samson Mow (@Excellion) October 16, 2025
In May, Mow asserted that Bitcoin should trade at $10 million if people fully understood its potential. He projected that Bitcoin could reach $1 million by December 2025. That figure would represent an 822% increase from today’s price.
Gold Surges Amid Geopolitical Tensions and Interest Rate Expectations
Gold surpassed $4,370 earlier today, hitting new records several times this week. Analysts linked this growth to renewed U.S.-China trade tensions and expected interest rate cuts from the Federal Reserve. The metal’s consistent rally reinforced its role as a safe-haven asset.
Peter Schiff, a vocal critic of Bitcoin, highlighted gold’s performance while criticizing Bitcoin’s recent correction. He stated that Bitcoin has fallen 32% against gold since August. He also urged Bitcoin holders to switch to gold, calling Bitcoin “fool’s gold.”
Gold has gained over 60% year-to-date, outperforming Bitcoin’s 16% return in the same period. Schiff argued that gold is more likely to hit $1 million before Bitcoin. His comments clashed directly with Mow’s bullish outlook for Bitcoin.
BTC’s Historical Growth Strengthens Bull Case
Despite gold’s short-term dominance, Bitcoin has surged 837% over the past five years. In contrast, gold has risen only 128% over the same period. This long-term trend continues to favor Bitcoin among supporters and long-term investors.
Mow cited Bitcoin’s 2016–2017 performance, during which it rose from $1,000 to $20,000. He argued that Bitcoin achieved that growth with minimal institutional support and widespread criticism. With increased institutional backing now, he believes the path to $1 million is more realistic.
Bitcoin’s limited supply and rising demand among financial institutions underpin Mow’s confidence in future gains. He emphasized that macroeconomic uncertainty would further increase Bitcoin’s appeal. Meanwhile, the rivalry between gold and Bitcoin continues to shape market narratives.