Samson Mow, a key player in the Bitcoin community and head of Jan3, a company dedicated to BTC adoption, recently shared some intriguing insights about the future of Bitcoin, including what he calls "Omega time" โณ.

Mow noted that a recent drop in Bitcoin's price, attributed to concerns about events in the Middle East, caused a significant dip over the weekend ๐Ÿ“‰. However, Bitcoin showed resilience by bouncing back partially amidst market turbulence ๐Ÿ’ช.

Despite the temporary setback, Mow remains optimistic, suggesting that the current panic is likely an overreaction that will soon pass ๐Ÿ“ˆ. He sees this as a prelude to what he terms "Omega time" for Bitcoin, hinting at a potentially significant turning point in its price trajectory ๐Ÿ”ฎ.

Highlighting the upcoming Bitcoin halving event, Mow emphasized its importance, describing it as the catalyst for a massive supply shock in the market ๐Ÿ’ฅ. He noted the ongoing creation of a demand shock as spot Bitcoin ETFs have been accumulating substantial amounts of BTC since gaining approval for trading by the SEC ๐Ÿ“ˆ.

Additionally, Mow mentioned the recent approval of Bitcoin-Ethereum exchange-traded funds in Hong Kong, further underscoring the growing institutional interest in cryptocurrencies beyond just Bitcoin ๐Ÿš€.

Overall, Mow's insights shed light on the evolving dynamics of the cryptocurrency market and the potential for significant shifts in Bitcoin's price dynamics in the near future ๐ŸŒŸ.

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