JAN3 boss is optimistic about Bitcoin
As the price of Bitcoin ($BTC) has continued to fluctuate in recent days, Samson Mow, the founder of JAN3 company, posted a tweet on the social platform X (formerly Twitter) and attached a huge green A picture of a candle with "OMEGA" written on it.
Image source: X Samson Mow’s tweet
He said briefly but powerfully in his tweet: "OMEGA is inevitable."
As a true believer in Bitcoin, Samson Mow has long promoted the adoption of Bitcoin around the world. The company he founded, JAN3, is dedicated to helping countries and regions introduce Bitcoin to achieve economic growth and stability.
What he calls an "OMEGA candle" means that a huge green candle (surge) will suddenly appear on the price chart of Bitcoin ($BTC). Samson Mow believes that the next surge in Bitcoin will be rapid and unexpected, and there are two key factors behind this candle.
Two keys to promoting OMEGA candles
First of all, Samson Mow pointed out that the U.S. Securities and Exchange Commission (SEC)’s move to approve Bitcoin spot ETFs earlier this year has brought huge inflows of traditional financial funds to Bitcoin. As the price of Bitcoin continues to rise in the future, market demand will only More and more.
Secondly, the Bitcoin halving event that will occur on April 20 this year (2024) will significantly reduce the supply of Bitcoin in the market. The collision of the two forces, although there is no chemical effect yet, has already subtly changed the market. structure.
Samson Mow said that the adoption of Bitcoin spot ETF will be the main driving force on the demand side, and the halving will create pressure from the supply side. When there is a strong conflict between supply and demand, the so-called "OMEGA candle" will be born. He emphasized that OMEGA The candle will eventually push Bitcoin price towards the $1 million mark.
Another way to say "OMEGA candle"
Samson Mow is not the only expert who predicts "OMEGA candles". Max Keizer, advisor to the President of El Salvador and many analysts, all believe that the emergence of OMEGA candles is traceable, but they prefer to call "OMEGA candles" , called the "God Candle".
Max Keizer believes that Bitcoin will usher in a wave of substantial growth in the future supply and demand imbalance, and the emergence of the "God Candle" will change the market structure and push the price of Bitcoin to hundreds of thousands of dollars.
Robert Kiyosaki, the author of the well-known best-selling financial book (Rich Dad, Poor Dad), also said on X that with the global economic recession and the collapse of the traditional financial system, Bitcoin will become the key to the future financial market. Safe haven assets.
Rich dad’s goals were basically the same as those of Samson Mow. Both men believed that as more financial institutions and countries accept Bitcoin, the price of Bitcoin may reach $1 million and play an increasingly important role in the global market. .
Taken together, it is still unclear when the "OMEGA candle" predicted by Samson Mow will appear, but with the recent rebound, the market's confidence in the future trend of Bitcoin has increased significantly. Whether it is an "OMEGA Candle" or a "God Candle", once it appears, it will surely become a historic moment for Bitcoin.
[Disclaimer] There are risks in the market, so investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views or conclusions contained in this article are appropriate for their particular circumstances. Invest accordingly and do so at your own risk.
