U.Today – Samson Mow, maximalist and head of JAN3, which helps nation-states adopt BTC, posted an extremely positive message regarding BTC on the X social media platform.
Mow also attached a photo to his tweet that best illustrates his point.
Mow returns to his ultra-bullish Bitcoin predictions
Samson Mow tweeted: “Omega is inevitable” and added a photo of a enormous lit green candle with the word “OMEGA” in capital letters.
In one of the tweets published earlier, the JAN3 CEO explained that the Omega candle would be a huge candle on the Bitcoin chart that would largely fuel BTC’s growth and it usually happens unexpectedly.
Fellow Bitcoin evangelist and BTC advisor to El Salvador President Max Keizer prefers to call it “God’s candle.” He has tweeted multiple times this year that a Bitcoin God candle is imminent.
According to Speech’s earlier tweets, the Omega candle he expects will inevitably push Bitcoin to $1 million. Earlier this year, Mow calculated that the spot Bitcoin ETFs approved by the Securities and Exchange Commission in January would cause a demand shock for BTC, while the Bitcoin halving (which occurred on April 20) would cause a supply shock for BTC. When these two shocks collide, an Omega candle should appear, he wrote on Twitter.
Bitcoin Price Performance
On Monday, a huge green candle (but it was not an Omega candle) on the hourly chart significantly increased the price of Bitcoin, pushing it from the $64,460 zone to $64,300. This was followed by another raise of 3.44%, which allowed the leading digital currency to breach $66,000 and briefly cross the $66,460 level.
Since then, Bitcoin’s price has dropped by almost 1.5% and is currently changing hands at $65,525 per coin.
Nevertheless, eminent investor and author of the book “Rich Dad Poor Dad”, Robert Kiyosaki, recently wrote on Twitter that he expects Bitcoin to reach $500,000 next year and will most likely reach $1 million by 2030 because time, artificial intelligence will disrupt the financial world greatly. Kiyosaki cited his writer friend’s soon-to-be-published book “Money GPT,” in which the author explores the potential impact of ChatGPT and other AI bots on financial markets and trading in general.