Samson Mow, former Chief Strategy Officer at Blockstream and now CEO at Bitcoin-focused Jan3, made a strong prediction about Bitcoin price. He predicted it to reach an all-time high at the mark of $1 million after Omega candles struck the Bitcoin market.
Like other Bitcoiners, Mow also believes that the world’s leading cryptocurrency price will surge soon as the previous all-time high was $73,750. In a recent tweet Mow identified some bullish candles which are followed by large volatility curves.
Over the weekend, Bitcoin experienced a significant rise of 10% in its price reaching $65,180. The initial push is provided by Greyscale spot ETF, seeing the first massive inflow of $63 million on Friday.
Mow tweeted “It’s time” along with an animated gif of the dragon, sending green candles from his mouth. This is an indication of “Omega Candles” in his tweet.
In response to Back’s tweet, he stated “Is This Time?” Mow tweeted this dragon emitting green lines. After the approval of the spot Bitcoin ETF, Mow tweeted that according to his expectation, the massive daily purchase of Bitcoin ETF would shock the Bitcoin demand.
DISCLAIMER: The opinion provided in this article is not financial advice by BTCProNews. Do your own market research before taking any initiative of investment.
Bitcoin vs. Bonds: Robert Kiyosaki Weighs In
Financial expert and entrepreneur Robert Kiyosaki, known for his popular personal finance book “Rich Dad Poor Dad,” shared an interesting insight about Bitcoin on his X platform account.
Robert Kiyosaki disagreed with the opinion of people who say “bonds are safe.” In response, he stated that the “biggest lie financial planners tell gullible mom and pop investors.”
The author of “Rich Dad Poor Dad” also mentioned that even experienced investors can lose money while investing in top-rated bonds, known as AAA bonds. This typically happens when the market for commercial real estate crashes. According to him, these investors suffer significant losses if the real estate market fails to repay loans. Kiyosaki advised that it’s wise to invest in safer assets like gold, silver, and Bitcoin before their prices rise sharply.