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cryptonews 2025-04-25 09:47:27

Serbia’s Prince Filip Predicts Bitcoin ‘Omega Candle’, Expects BTC Price Explosion Above $100K

Prince Filip Karađorđević of Serbia believes Bitcoin is on the verge of a massive price surge, predicting an imminent “omega candle” rally that could push BTC well beyond $100,000. Speaking in an April 24 interview with Simply Bitcoin , Prince Filip suggested that while certain market forces may currently be suppressing Bitcoin’s price, a breakout is inevitable. “People are able to control the market to some extent,” he noted, referencing similar dynamics seen in 2021. Back then, despite strong bullish sentiment and significant adoption milestones, Bitcoin’s price faced unexpected resistance and corrections. This led to speculation that certain entities were deliberately suppressing price movements. Prince Filip Says Bitcoin’s Deflationary Nature Ensures Upward Trajectory Prince Filip claimed that Bitcoin’s deflationary nature ensures its long-term upward trajectory, adding, “Its value is always going to rise over time.” Filip pointed to the “omega candle” concept, a theory popularized by Jan3 CEO Samson Mow. According to Mow, once Bitcoin surpasses the $100,000 threshold, its price could accelerate dramatically, potentially rising in daily increments of $100,000. Supporting this bullish outlook, Bitcoin has rebounded over 9% in the past week, fueled by strong demand from U.S. spot Bitcoin ETFs. Data from Farside Investors shows that ETFs accumulated $2.2 billion worth of BTC in just three days leading up to April 23. BULLISH: Prince Filip of Serbia says Bitcoin is being suppressed and “that one day the price will “run away” and we could get a “Samson Mow's Omega Candle.” pic.twitter.com/4AL0q0ylO8 — Simply Bitcoin (@SimplyBitcoinTV) April 23, 2025 Bitcoin climbed above $94,000 on Tuesday after President Trump clarified he had no plans to dismiss Federal Reserve Chair Jerome Powell, easing investor fears over Fed independence. Trump’s softer stance on China tariffs further fueled market optimism, helping Bitcoin extend its rally, which had already begun earlier in the day. Bitcoin’s Rally Signals Potential Market Regime Shift In a recent note shared with Cryptonews.com, Bitfinex analysts said that Bitcoin may be on the verge of a market regime change as it decouples from traditional equities and strengthens its position as a macro hedge. “Bitcoin is rallying due to a combination of macro relief, strong ETF inflows, and growing expectations that the Fed will maintain policy flexibility amid softening economic data,” Bitfinex analysts said. They noted that cooling inflation signals and renewed institutional demand are fueling momentum, with on-chain data suggesting accumulation rather than distribution. However, they cautioned that the rally’s durability hinges on Bitcoin holding above the $89,000–$90,000 range with strong spot volumes and stable funding rates. A recent wave of short squeezes — over $800 million in liquidations within 65 hours — has accelerated the price surge, but analysts warned that rising open interest could trigger a near-term pullback if market sentiment overheats. “For decoupling to signal a true regime change, we need persistent low correlation across varying macro conditions and sustained inflows into Bitcoin even when equities retreat.” Bitcoin’s dominance, now hovering around 56%, underscores its evolving role as a store of value, particularly as altcoins struggle under regulatory pressure. “If BTC breaks to new all-time highs while majors like ETH and SOL continue to lag, the narrative of ‘no second best’ could shift from slogan to consensus,” the analysts added. The post Serbia’s Prince Filip Predicts Bitcoin ‘Omega Candle’, Expects BTC Price Explosion Above $100K appeared first on Cryptonews .

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