Prince Filipin of Serbia says Bitcoin is stifled, looking forward to the big rally
Bitcoin prices can be prevented in advance of the upcoming “Omega Candle” rally, according to Prince Filip Karađorđević, the hereditary prince of Serbia and Yugoslavia.
On an April 24 interview In simply bitcoin, Filipin said some market participants could limit Bitcoin (Btc) price action.
“People control the market in some sizes,” he said. “Maybe that’s the actions of the 2021 market that prevented its price from jumping high. We could get that again in 2025, but there will be a point where the price of Bitcoin will run).”
Filipin added that Bitcoin remains a starting out of the owner and said its value is “always rising over time.”
He referred to the concept of “Omega Candle,” which became popular with Bitcoin Advocate and Jan3 CEO Samson Mow. Theory predicts the growth of bitcoin trajectory will explode after that Hits the $ 100,000 mark.
Related: Bitcoin acting as ‘fewer Nasdaq,’ more like gold, despite 60% odds in shrinking
“You will start to climb 10,000 a day or drop 10,000 a day. And this is God’s candle. After that, we will begin to see Omega’s candles, which are 100,000 raising days,” Mow said in an exclusive interview with Cointelegraph in November 2024.
The factors that contribute to the growth of bitcoin include the growing distrust of the traditional financial system, according to Mow.
https://www.youtube.com/watch?v=gnunx0QWH3Q
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ETF INFLOWS, MACRO RELIEF DRIVE MOMENTUM
Bitcoin prices have seen more than 9% recovery last week while US spot bitcoin exchange-traded funds (ETFs) accumulated more than $ 2.2 billion worth of bitcoin in three days leading until April 23, far Investors‘Data displays.
Price action is on the line “along with our expectations of Bitcoin -born relatives related to equities and dollars,” analysts from the Bitfinex exchange to cointelegraph said, adding:
“Bitcoin has been ralling due to a combination of macro relief, strong ETF flow, and growing expectations that the Fed will maintain flexibility of policy amid the softening of economic data.”
Bitcoin could continue to see more reversed if “equally equally continued to be higher on income week,” but still “still with high macro uncertainty may limit widely reversed,” the analysts added.
Stock and cryptocurrency investors are also concerned about a potential retreat in the US. JPMorgan Estimates A 60% possibility for a backwards in 2025, citing the 145% US president’s tariffs Donald Trump in China as a “material threat to growth” that increases the odds of an economic collapse.
https://www.youtube.com/watch?v=HB0z1TI8uys
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