Bitcoin’s price trajectory may be suppressed ahead of its upcoming “omega candle” rally, as per Prince Filip Karađorđević, the hereditary prince of Serbia and Yugoslavia. In an interview with Simply Bitcoin on April 24, Filip suggested that certain market participants might be limiting Bitcoin (BTC) price action. He mentioned that people could control the market to some extent, impacting the 2021 market and suppressing its price from soaring high. He anticipates a similar scenario in 2025, but believes there will be a point where Bitcoin’s price will skyrocket. Filip emphasized that Bitcoin remains a fundamentally deflationary asset, and its value is expected to rise consistently over time. He referred to the concept of the “omega candle,” popularized by Bitcoin advocate and Jan3 CEO Samson Mow, predicting an explosive growth trajectory for Bitcoin after hitting the $100,000 mark. Factors contributing to Bitcoin’s growth include the increasing distrust in the traditional financial system. The recent recovery in Bitcoin’s price, over 9% in the past week, was supported by US spot Bitcoin exchange-traded funds (ETFs) accumulating over $2.2 billion worth of Bitcoin in the days leading up to April 23, according to Farside Investors’ data. Analysts from Bitfinex exchange noted that Bitcoin’s rally is driven by macro relief, strong ETF inflows, and expectations of the Fed maintaining policy flexibility amid softening economic data. The potential for a recession in the US, with a 60% probability estimated by JPMorgan for 2025, adds to the macro uncertainty impacting both stock and cryptocurrency investors. The article explores the current market trends and expectations related to Bitcoin’s price movement and the broader economic landscape in the US.