Seeking to illuminate the possible resurgence in Bitcoin’s value, prominent Bitcoin advocate Samson Mow has disclosed several key macroeconomic factors that may influence the future trajectory of the digital currency’s price. Mow forecasts that the price could reach $1 million, based on elements like inflows into Spot Exchange Traded Funds (ETFs) and the network’s computing power. In related news, the Dogecoin value surged following Mark Cuban’s announcement about the Mavericks’ involvement with the meme cryptocurrency. Bitcoin is currently being traded for $43,428, which marks a 3.3% rise in value over the last day. However, it is still 38% lower than its peak price of $68,789. Mow is of the opinion that the upcoming halving occurrence, along with the endorsement and growing investments in physical bitcoin exchange-traded funds (ETFs), has the potential to drive the value of the digital currency to unprecedented levels. Key Bitcoin Metrics According to Mow. Fluctuations in the value of Bitcoin. Certainly! Please provide the text from Coingecko that you would like me to paraphrase. The initial sign that Mow has identified is the inflow of investments into Bitcoin Spot Exchange-Traded Funds. The recent launch of Bitcoin ETFs in the US could attract more investments into these funds, potentially cushioning the effects of price drops caused by retail investors selling off their holdings.