Candle

Bitcoin

April

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
Samson Mow, Bitcoin maximalist and the boss of JAN3, which helps nation-states to adopt BTC, has published an <a href="https://u.today/bitcoin-omega-candle-coming-samson-mow-shows-big-short-michael-burrys-style">ultra-bullish BTC message</a> on the X social media platform.
Mow also accompanied his tweet with a picture to illustrate his thought as best as possible.
<h2 id="mow-revisits-his-ultra-bullish-bitcoin-prediction">Mow revisits his ultra-bullish Bitcoin prediction</h2>
Samson Mow tweeted “Omega is inevitable,” adding a photo of a big lit green candle with capital letters on it, saying “OMEGA.”
<blockquote>
 Omega is inevitable. ♎️ <a href="https://t.co/yVvYHvdXqp">pic.twitter.com/yVvYHvdXqp</a>— Samson Mow (@Excellion) <a href="https://twitter.com/Excellion/status/1845846308352880919?ref_src=twsrc%5Etfw">October 14, 2024</a>
</blockquote> 
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.
<h2 id="bitcoin-price-performance">Bitcoin price performance</h2>
On 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 <a href="https://u.today/rich-dad-poor-dad-author-reveals-when-bitcoin-may-hit-1-million">$1 million by 2030</a> 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.

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

Table of Contents

U_Today

Other articles published on Oct 15, 2024

XRP on the Edge of a Breakout as JetBolt Presale Booms – What’s Next?

Smart Whale Nets $1.03M Profit from $TURBO Surge – Here's How It Played Out

IMF projects that global public debt will reach $100 trillion by year end

FTX Hearing Set for October 7: Key Details on the Payout Process

Polkadot Price Prediction 2024, 2025 – 2030: Will DOT Price Cross $10?

Aptos Blockchain Welcomes Franklin Templeton's Tokenized U.S. Government Fund

Join our free newsletter for daily crypto updates!