Bitcoin Surges 9% as Prince Filip Predicts $100,000 Breakout
1min read Prince Filip Karađorđević of Serbia has expressed his bullish outlook on Bitcoin, predicting an imminent price surge that could push the cryptocurrency well beyond $100,000. In an April 24 interview, Prince Filip suggested that while certain market forces may currently be suppressing Bitcoin’s price, a breakout is inevitable. He noted that similar dynamics were seen in 2021, where despite strong bullish sentiment and significant adoption milestones, Bitcoin’s price faced unexpected resistance and corrections. This led to speculation that certain entities were deliberately suppressing price movements.
Prince Filip emphasized that Bitcoin’s deflationary nature ensures its long-term upward trajectory. He pointed to the “omega candle” concept, a theory popularized by Jan3 CEO Samson Mow. According to Mow, once Bitcoin surpasses the $100,000 threshold, its price could accelerate dramatically, potentially rising in daily increments of $100,000. This bullish outlook is supported by Bitcoin’s recent rebound of over 9% in the past week, fueled by strong demand from U.S. spot Bitcoin ETFs.
Bitcoin climbed above $94,000 on Tuesday after President Trump clarified he had no plans to dismiss Federal Reserve Chair Jerome Powell, easing investor fears over Fed independence. Trump’s softer stance on China tariffs further fueled market optimism, helping Bitcoin extend its rally, which had already begun earlier in the day. This rally signals a potential market regime shift as Bitcoin decouples from traditional equities and strengthens its position as a macro hedge.
Bitfinex analysts noted that Bitcoin is rallying due to a combination of macro relief, strong ETF inflows, and growing expectations that the Fed will maintain policy flexibility amid softening economic data. Cooling inflation signals and renewed institutional demand are fueling momentum, with on-chain data suggesting accumulation rather than distribution. However, the rally’s durability hinges on Bitcoin holding above the $89,000–$90,000 range with strong spot volumes and stable funding rates.
A recent wave of short squeezes has accelerated the price surge, but analysts warned that rising open interest could trigger a near-term pullback if market sentiment overheats. For decoupling to signal a true regime change, persistent low correlation across varying macro conditions and sustained inflows into Bitcoin even when equities retreat are necessary. Bitcoin’s dominance, now hovering around 56%, underscores its evolving role as a store of value, particularly as altcoins struggle under regulatory pressure.
If Bitcoin breaks to new all-time highs while majors like Ethereum and Solana continue to lag, the narrative of ‘no second best’ could shift from slogan to consensus. This shift would further cement Bitcoin’s position as the leading cryptocurrency, potentially leading to a significant price explosion above $100,000 as predicted by Prince Filip.
