Bitcoin Omega Candle Inevitable: '$1 Million BTC' Samson Mow

U.Today - Samson Mow, Bitcoin maximalist and the boss of JAN3, which helps nation-states to adopt BTC, has published an ultra-bullish BTC message on the X social media platform.

Mow also accompanied his tweet with a picture to illustrate his thought as best as possible.

Mow revisits his ultra-bullish Bitcoin predictionSamson Mow tweeted “Omega is inevitable,” adding a photo of a big lit green candle with capital letters on it, saying “OMEGA.”

In one of the tweets published earlier, the JAN3 CEO explained that an Omega candle would be a huge candle on a Bitcoin chart that would propel BTC’s growth to a high extent, and it usually happens unexpectedly.

Another Bitcoin evangelist and BTC advisor to the president of El Salvador Max Keiser prefers to call this a “God candle.” This year, he has also tweeted multiple times that a God Bitcoin candle is inevitable.

According to Mow’s earlier tweets, the Omega candle that he expects is bound to lead Bitcoin to the $1 million price mark inevitably. As the year started, Mow reckoned that spot Bitcoin ETFs approved by the Securities and Exchange Commission in January would create a BTC demand shock, while the Bitcoin halving (which took place on April 20) would create a supply shock for BTC. Once these two shocks clash against each other, an Omega candle should emerge, he tweeted.

Bitcoin price performanceOn Monday, a massive green candle (but it was hardly an Omega one) on an hourly chart lifted the Bitcoin price substantially, pushing it from the $64,460 zone to $64,300. That was followed by another 3.44% surge, which allowed the leading digital currency to soar past $66,000 and surpass the $66,460 level briefly.

Since then, Bitcoin has been pushed down by almost 1.5%, and it is currently changing hands at $65,525 per coin.

Still, the famous investor and author of the “Rich Dad Poor Dad” book, Robert Kiyosaki, recently tweeted that he expects Bitcoin to hit $500,000 next year and very likely to reach $1 million by 2030 since, by that time, AI will have disturbed the world of finance greatly. Kiyosaki cited a book, “Money GPT” authored by his friend-writer that is allegedly about to come out, where the author explores the potential impact of ChatGPT and other AI bots on financial markets and trading in general.

Source: Investing.com