Serbian Crown Prince Filip: Bitcoin's rise is being suppressed and is expected to rise sharply

PANews reported on April 24 that according to Cointelegraph, the Crown Prince of Serbia and Yugoslavia, Prince Filip Karađorđević, said that before Bitcoin is about to usher in the so-called "omega candle" rally, its price trend may be suppressed to a certain extent. He mentioned the "omega candle" theory proposed by Samson Mow, CEO of Jan3. The theory predicts that when Bitcoin breaks through the $100,000 mark, its growth trend will explode.

Crown Prince Filip pointed out that some market participants may be limiting the price volatility of Bitcoin. He explained: "People can control the market to a certain extent. Perhaps in 2021, it is this market manipulation that suppressed the sharp rise in Bitcoin prices. By 2025, this situation may happen again, but Bitcoin prices will eventually reach a breaking point and achieve a sharp rise." In addition, Crown Prince Filip added that Bitcoin is essentially a deflationary asset, and its value "will inevitably continue to rise over time."

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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