Prince Filip Karađorđević of Serbia is optimistic about Bitcoin’s future, forecasting a significant price increase that could see the cryptocurrency surpass $100,000. He describes this potential surge as an “omega candle” rally, expected to occur imminently.
In an interview with Simply Bitcoin on April 24, the Prince expressed his belief that current pressures in the market may be temporarily restraining Bitcoin’s price, but he is confident that a breakout is on the horizon.
“People are able to control the market to some extent,” he commented, likening present conditions to those in 2021 when Bitcoin faced unwelcome price resistance despite overwhelming bullish sentiment and major adoption milestones.
Bitcoin’s Deflationary Nature Fuels Optimism
The Prince further argued that the deflationary characteristics of Bitcoin ensure its long-term value growth, stating, “Its value is always going to rise over time.”
He highlighted the “omega candle” theory, which has gained traction through Jan3 CEO Samson Mow, who suggests that a breakthrough beyond the $100,000 mark could lead to rapid price increases, potentially escalating by $100,000 on a daily basis.
Supporting this favorable outlook, Bitcoin recently climbed more than 9% over the past week, driven by a surge in demand from U.S. spot Bitcoin ETFs.
Recent data reveals that ETFs amassed approximately $2.2 billion in Bitcoin within three days leading up to April 23, indicating a robust appetite for the cryptocurrency.
BULLISH: Prince Filip of Serbia says Bitcoin is being suppressed and “that one day the price will “run away” and we could get a “Samson Mow’s Omega Candle.” pic.twitter.com/4AL0q0ylO8
— Simply Bitcoin (@SimplyBitcoinTV) April 23, 2025
On Tuesday, Bitcoin surpassed $94,000, propelled by President Trump’s reaffirmation of Federal Reserve Chair Jerome Powell’s position, which helped to alleviate investor concerns regarding the independence of the Fed.
Additionally, Trump’s accommodating remarks on China tariffs contributed to a surge of optimism in the market, allowing Bitcoin to extend its recent rally.
Rally Indicates Possible Market Regime Transition
Analysts at Bitfinex have suggested that Bitcoin might be on the brink of a market regime shift, moving away from traditional equities while solidifying itself as a macro hedge.
In a recent analysis shared with Finance Newso.com, they observed that the rally is fueled by macroeconomic relief, strong ETF inflows, and expectations of the Federal Reserve maintaining policy flexibility amidst waning economic indicators.
The analysts mentioned that decreasing inflation signals and heightened institutional interest are driving momentum, with on-chain data indicating accumulation rather than distribution.
However, they did caution that the sustainability of the rally depends on Bitcoin maintaining its position above the $89,000–$90,000 range, supported by solid spot volumes and stable funding rates.
A notable short squeeze, resulting in over $800 million in liquidations within a short span of 65 hours, has contributed to the rally, yet analysts remain wary that increasing open interest may lead to a correction if market sentiment overheats.
“For decoupling to signal a true regime change, we need persistent low correlation across varying macro conditions and sustained inflows into Bitcoin even when equities retreat,” the analysts concluded.
Bitcoin’s dominance, currently around 56%, reflects its growing role as a store of value, particularly as alternative cryptocurrencies face regulatory challenges.
“Should BTC break new all-time highs while major coins such as ETH and SOL lag, the narrative of ‘no second best’ could evolve from a mere slogan to a widely accepted consensus,” the analysts noted.
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