Expert Says $1 Million Bitcoin and “Omega Candle” Is Just Around the Corner
BeInCrypto
Bitcoin advocate Samson Mow predicts a rapid price surge to $1 million, driven by institutional buying and a restricted supply.Summary
Samson Mow, CEO of Jan3, argues that Bitcoin is significantly undervalued and poised for an “Omega candle” event that will push its price to $1 million. Mow emphasizes that the true available supply of Bitcoin is much lower than the market realizes, as large institutional entities like MicroStrategy continue to aggressively accumulate the asset. While some analysts suggest a long-term downturn, Mow believes that price-insensitive buying pressure from corporations will trigger a major supply shock and drive the price upward rapidly.
(Source：BeInCrypto)