Serbia’s Prince Filip Karađorđević believes Bitcoin is being held back by market forces but expects a massive surge in its price.
Serbia’s Prince Filip Karađorđević believes Bitcoin is being held back by market forces but expects a massive surge in its price. In an April 24, 2025, interview with Simply Bitcoin, Filip discussed how some market participants might be suppressing Bitcoin's price action. He drew parallels to the 2021 market, where he believes the price was kept from rising significantly, and warned that this could happen again in 2025. However, he remains confident that Bitcoin’s deflationary nature means its value will continue to rise over time.
Filip also mentioned the concept of the “omega candle,” which was introduced by Bitcoin advocate and Jan3 CEO, Samson Mow. This theory predicts a rapid increase in Bitcoin’s price after it crosses the $100,000 mark. Mow explained that once Bitcoin reaches this threshold, its price could jump by $10,000 per day, followed by daily increments of $100,000. Filip echoed this idea, suggesting that Bitcoin’s price could “run away” after a certain point, triggering a huge rally.
Bitcoin has recently seen positive momentum, with its price recovering by over 9% in the past week. Data from Farside Investors shows that U.S. spot Bitcoin exchange-traded funds (ETFs) have accumulated more than $2.2 billion worth of Bitcoin in just three days leading up to April 23, 2025. Analysts from Bitfinex exchange noted that this rally aligns with expectations regarding Bitcoin’s relative strength against equities and the dollar. They attributed this rally to macroeconomic relief, strong ETF inflows, and growing market expectations that the Federal Reserve will maintain flexible policies due to softening economic data.
Despite the recent rally, there are concerns about the broader economic climate. Analysts have warned that macroeconomic uncertainty could limit Bitcoin’s upside potential. JPMorgan has predicted a 60% chance of a recession in 2025, citing risks such as the ongoing trade tensions with China. The potential for a U.S. recession has raised concerns among both stock and cryptocurrency investors.
As institutional interest in Bitcoin continues to grow, Filip remains optimistic about its long-term prospects. He believes that once Bitcoin breaks through the price limits imposed by market participants, its growth will be explosive. However, macroeconomic factors and market control may still affect Bitcoin’s price in the short term, but Filip remains confident that Bitcoin’s fundamental deflationary properties will drive its value up over time.
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