Samson Mow, the CEO of Jan3 and a former CSO at Blockstream, is still involved in the Bitcoin space and has a very optimistic outlook for the cryptocurrency’s valuation.
Following many tweets recently expressing his belief that Bitcoin would eventually surpass $1 million, or maybe even sooner, Mow has shifted his focus to forecasting the arrival of a “Omega candle,” which might impact the world’s most popular cryptocurrency. It seems that this is how he thinks Bitcoin will get to $1 million.
https://x.com/Excellion/status/1745235693033640252?s=20
“Omega candles” and Bitcoin “perfect storm” coming: Samson Mow
Mow had already tweeted about a recent “Omega candle” for Bitcoin. He tweeted around a week ago, stating that Omega is “very real” and not impossible.
Beginning in 2024, Mow continued to tweet his forecasts that Bitcoin will certainly hit the incredible $1 million price mark. Specifically, he tweeted two days earlier, saying, “I don’t have time to try to convince you, sorry, if you don’t believe in $1 million Bitcoin or don’t get it.”
Now that the Securities and Exchange Commission has given numerous businesses permission to offer spot-based Bitcoin ETFs, Mow anticipates a number of favourable developments for Bitcoin that will eventually create a “perfect storm.” The Bitcoin maximalist predicts that there will be “Omega candles” throughout this storm.
https://x.com/Excellion/status/1745357961671933978?s=20
The first item on Mow’s list in today’s tweet is nation-state acceptance of BTC, which is followed by Bitcoin spot ETF advertising efforts. In addition, there will be a limited amount of Bitcoin remaining on cryptocurrency exchanges, a supply shock, a demand shock, and the eagerly anticipated fourth Bitcoin halvening in April.
Gold bugs will switch into Bitcoin ETF, Max Keiser believes
Renowned proponent of Bitcoin Max Keiser has offered his thoughts on Blackrock and ten other significant Wall Street institutions’ approval of Bitcoin spot exchange-traded funds.
Keiser predicted on Twitter that many traditional investors who have owned shares in gold exchange-traded funds (ETFs) for ten years will switch to Bitcoin ETF, which he refers to as “the fastest horse in the race.” The millionaire Paul Tudor Jones described Bitcoin in this way.
https://x.com/maxkeiser/status/1745244704126763018?s=20
Today, Robert Kiyosaki tweeted that he had increased his Bitcoin holdings by five units. He did not, however, sell his gold since he makes simultaneous bets on Bitcoin, gold, and silver.
