Samson Mow, CEO of Jan3, pointed out that Bitcoin’s price has been oscillating between 92,400 USD and 106,500 USD since December 2024. He expressed that the tight trading range appears to be artificially manufactured, looking very much like price suppression.

Mow emphasized that despite substantial accumulation by both institutional and retail investors, the price stagnation suggests that some are likely selling. The scrutiny over Bitcoin’s trading activity continues to grow as analysts and traders observe the market closely.