Ah, Bitcoin! That mysterious beast, its price as unpredictable as the weather in a Russian winter. Prince Filip Karađorđević, the illustrious Hereditary Prince of Serbia and Yugoslavia (yes, you read that right), seems to think it’s about to take us all on a roller coaster ride. According to him, Bitcoin’s price might be held back just before the big “omega candle” rally hits, but don’t worry, this prince isn’t worried—he’s just waiting for the moment it all goes wild.
“People can pull some strings, you know,” said Prince Filip, as if he’s whispering secrets from some high-up royal dinner table. “Maybe that’s what happened back in 2021 when the market just couldn’t make up its mind. But hey, just wait for 2025—at one point, the price will just take off like a rocket.” Well, that sounds reassuring, doesn’t it? 🎢
The good prince went on to explain that Bitcoin is as deflationary as your average aristocrat’s wallet (meaning it only gets more valuable with time). “It’s always going to rise,” he added. Yeah, we’ve heard that before, but still, it sounds nice to hear from someone with a title and a crown—or at least a nice suit. 🏰
Now, Prince Filip brought up something called the “omega candle”—not a metaphorical royal feast, but a Bitcoin rally that could make your head spin. This term comes from Bitcoin enthusiast and Jan3 CEO, Samson Mow, who promises that once Bitcoin reaches $100,000, it’ll start growing faster than a royal family’s scandals. Forget about your typical 10,000-dollar gains; we’re talking 100,000-dollar daily increments. Can you imagine? Maybe I should start buying Bitcoin instead of just hoping for my next pay raise. 💸
Samson Mow, who seems to have a knack for catchy phrases, explained it all to CryptoMoon back in November 2024. “You’ll start to go up by 10,000 a day or drop by 10,000 a day,” he said. “But after that? Omega candles. It’s like a financial hurricane.” Who needs a regular candle when you can have the omega one? 🔥
ETF Inflows and Macro Relief: The Perfect Storm
Bitcoin’s price has been on a tear recently, seeing a stunning 9% recovery in just one week. Oh, and here’s a fun fact: U.S. spot Bitcoin exchange-traded funds (ETFs) have accumulated a cool $2.2 billion in Bitcoin. And that’s in just three days! How? Because apparently, even institutions love a good crypto craze when it’s this juicy.
According to Bitfinex analysts, this price jump makes perfect sense. It’s like a perfect storm of “macro relief,” strong ETF inflows, and the Fed (the people who run the show, or at least try to) flexing their policy muscles while the economic data softens. Sounds like a plan, doesn’t it? But don’t pop the champagne just yet—uncertainty is still lurking like an unwanted guest at the party. 🥂
If stocks keep climbing and earnings reports don’t make everyone cry into their spreadsheets, Bitcoin could keep soaring. But there’s always the risk of something going wrong. After all, the economy is still on shaky ground, and if the market sneezes, you might end up with a financial cold. 🦠
Now, we have to mention the looming specter of recession. Apparently, JPMorgan is predicting a 60% chance of one in 2025. Why? Well, US President Donald Trump’s tariffs on China are apparently a “material threat” to growth. So, while we’re all worried about our crypto wallets, we might need to start worrying about our regular wallets too. 📉
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2025-04-24 16:54