In an exclusive Cointelegraph interview, Bitcoin OG Samson Mow examines what’s driving Bitcoin’s recent sell-off, why the asset remains vulnerable to short-term shocks, and how shifting dynamics across gold, silver and crypto markets could shape its next move.
We discuss gold and silver’s rally, forced liquidations, the “quantum threat” to crypto, and examine the long-term Bitcoin thesis: Is Bitcoin (BTC) truly designed to rise in price due to fiat devaluation, or is that a flawed narrative?
After months of relentless selling pressure, sharp liquidations and growing bearish sentiment, many investors are asking the same question: Why does Bitcoin keep falling despite strong fundamentals, and when could it finally recover?
According to Mow, Bitcoin’s unique role as the most liquid asset in global markets, combined with its 24/7 tradability, makes it particularly sensitive to downside shocks that more traditional assets often avoid, at least in the short term.
The discussion also explores one of the most important dynamics in today’s market: the relationship between gold, silver and Bitcoin. After a powerful rally in precious metals, Mow lays out the case for why capital rotation from other hard assets may be setting the stage for Bitcoin’s next move.
If you’re trying to understand the nature of Bitcoin’s recent decline and what may come next, watch the full interview on our YouTube channel.
This interview has been edited and condensed for clarity.

