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

investing.com 15/10/2024 - 11:54 AM

U.Today – Samson Mow's Bullish Bitcoin Prediction

Samson Mow, Bitcoin maximalist and CEO of JAN3, recently shared an optimistic outlook for BTC on the X platform, declaring "Omega is inevitable" accompanied by a striking visual.

Mow's Ultra-Bullish Prediction

Mow's tweet featured a large green candle labeled "OMEGA," which references a significant price surge in Bitcoin. He described the Omega candle as a phenomenon that usually occurs unexpectedly, propelling Bitcoin's growth.

Another Bitcoin advocate, Max Keiser, terms this event a “God candle,” also expressing that such a surge is forthcoming.

Mow anticipates this Omega candle will drive Bitcoin's price to $1 million, predicting that the approval of Bitcoin ETFs by the SEC and the recent Bitcoin halving will create a demand and supply shock, respectively. He believes these factors will converge to produce the Omega candle.

Bitcoin's Current Price Performance

On Monday, Bitcoin saw a notable upward movement, rising from about $64,460 to $66,460 at its peak, although it later settled down to around $65,525.

Additionally, Robert Kiyosaki, the author of “Rich Dad Poor Dad,” predicts Bitcoin could reach $500,000 next year, with a potential price of $1 million by 2030 due to anticipated changes from AI in financial markets.




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