According to Odaily, Prince Filip Karađorđević of Serbia and Yugoslavia has expressed optimism about Bitcoin's economic characteristics, suggesting the cryptocurrency could experience an 'omega candle' surge. However, he cautioned that market participants might suppress its price. The 'omega candle' theory predicts a significant rise in Bitcoin's value once it surpasses the $100,000 mark.
Prince Filip explained that market control by individuals is possible, and such manipulation might have hindered Bitcoin's substantial price increase in 2021. He warned that similar circumstances could arise in 2025, but ultimately, Bitcoin is expected to reach a breakout point, leading to a significant price surge.
He further emphasized that Bitcoin is inherently a deflationary asset, with its value "inevitably increasing over time."
