PANews news on April 24, according to Cointelegraph, Prince Filip Karađorđević of Serbia and Yugoslavia stated that Bitcoin's price trend might be suppressed to a certain extent before the upcoming "omega candle" trend. He mentioned the "omega candle" theory proposed by Jan3 CEO Samson Mow. The theory predicts that after Bitcoin breaks through the $100,000 mark, its growth will experience an explosive surge.
Prince Filip pointed out that some market participants may currently be limiting Bitcoin's price fluctuations. He explained: "People can control the market to some extent. Perhaps in 2021, such market manipulation suppressed Bitcoin's significant price increase. By 2025, this situation might recur, but Bitcoin's price will ultimately reach a breaking point and achieve a substantial rise." Additionally, Prince Filip added that Bitcoin is essentially a deflationary asset, and its value "will inevitably increase over time".
