Bitcoin Is Being Suppressed—But A Historic Breakout Is Coming #CriptoNews

According to Prince Filip Karađorđević, heir to the Serbian crown and a recognized bitcoin advocate, the queen of cryptos is temporarily restrained by market manipulations, before a soaring rise looms on the horizon.

A Royal Prince Convinced of Market Manipulation

Prince Filip has clearly identified what he believes is holding back the surge of bitcoin. During his interview, he pointed the finger at certain market players who would be exerting downward pressure on prices.

“People manage to control the market to a certain extent. That might be what held back the sharp rise in bitcoin’s price in 2021“, he explained.

He believes this phenomenon could recur in 2025, but a time will come when this manipulation will no longer be enough to contain the price explosion.

This analysis aligns with the “omega candle” theory popularized by Samson Mow, CEO of Jan3. This concept predicts that once the $100,000 threshold is crossed, bitcoin will experience rapid growth.

We will start increasing by 10,000 points per day, or decreasing by 10,000. That is the divine candle. Then we will see the omega candles emerge, which increase by 100,000 points per day.

Despite these supposed manipulations, Prince Filip remains categorical: bitcoin retains its nature as a fundamentally deflationary asset and “will always increase over time“.

This vision is based on the intrinsic properties of the first crypto, whose limited supply contrasts with the inflation of traditional currencies.

Signs of a Recovery Already Visible for Bitcoin

Bitcoin’s recent performance lends credibility to the Serbian prince’s forecasts. The crypto recorded a rise of more than 9% last week, driven by a massive influx of capital.

Spot Bitcoin exchange-traded funds (ETF) in the United States have accumulated over $2.2 billion in just three days leading up to April 23, according to data from Farside Investors.

This momentum is explained, according to Bitfinex analysts quoted by Cointelegraph, by “a combination of macroeconomic relief, significant inflows into ETFs, and growing expectations that the Fed will maintain its policy flexibility“.

Bitcoin thus seems to be regaining its status as a safe haven asset, particularly attractive in a context of economic uncertainty.

This trend fits within a broader movement of institutional adoption. Bitcoin recently surpassed Google in market capitalization, becoming the fifth largest global asset with a valuation of $1.87 trillion.

At the same time, companies like Strategy continue to invest massively, with a recent purchase of $556 million.

Bitcoin could well be on the brink of a new era, where its value will finally reflect its long-suppressed potential. The prophecy of the “omega candle” looms on the horizon, ready to transform the global financial landscape.

Fenelon L.

Passionate about Bitcoin, I like to explore the meanders of blockchain and cryptos and I share my discoveries with the community. My dream is to live in a world where privacy and financial freedom are guaranteed for everyone, and I firmly believe that Bitcoin is the tool that can make this possible.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.