Prince Filip Karađorđević predicts a significant increase in Bitcoin’s value, suggesting current market forces are suppressing its price. He references the potential for an explosive rally once it surpasses $100,000, similar to past trends. Despite recent price gains, concerns over macroeconomic uncertainty linger, particularly regarding a possible recession in 2025.
Prince Filip Karađorđević of Serbia has made some bold predictions about Bitcoin’s future. In a recent interview with Simply Bitcoin, he expressed concern that current market dynamics are suppressing Bitcoin’s price. He likened the situation to 2021 when significant price increases were stifled, hinting that we might see similar trends in 2025. Nonetheless, his confidence in Bitcoin’s deflationary characteristics suggests that its value will eventually rise over time.
Filip also touched on the intriguing concept of the “omega candle,” proposed by Bitcoin enthusiast and Jan3 CEO, Samson Mow. This theory anticipates a substantial jump in Bitcoin’s price, especially once it surpasses the $100,000 threshold. Mow has speculated that if Bitcoin crosses this landmark, its price could leap by $10,000 daily thereafter. Filip seems to agree, implying that there could be an explosive rally once Bitcoin breaks this significant barrier.
Recently, Bitcoin seems to be gaining traction. Over the past week, its price has increased more than 9%. Data from Farside Investors reveals that American spot Bitcoin exchange-traded funds (ETFs) have gathered over $2.2 billion in Bitcoin within just three days up until April 23, 2025. Analysts at Bitfinex believe this surge is consistent with Bitcoin’s performance against major equities and the dollar, attributing gains to strong ETF interest and a supportive macroeconomic environment, alongside anticipation of the Federal Reserve maintaining lenient policies due to softening economic indicators.
However, not all voices are optimistic. Analysts are cautioning about the potentially stifling effects of macroeconomic uncertainties on Bitcoin’s price prospects. Recently, JPMorgan assessed a 60% likelihood of a recession looming in 2025, with persistent trade tensions with China as a primary concern. This prevailing uncertainty has left both stock and cryptocurrency investors on edge.
Despite these concerns, Prince Filip remains bullish about Bitcoin’s trajectory. He argues that once Bitcoin is free from the constraints posed by market manipulation, its growth could be nothing short of explosive. Still, it’s important to note that market forces and economic factors may continue to affect Bitcoin in the short term. However, Filip’s belief in Bitcoin’s intrinsic deflationary nature suggests he sees a bright future ahead for the asset.
