Bitcoin veteran Samson Mow made a bold prediction about the future of Bitcoin’s price movements. Mow believes that Bitcoin is nearing a phase where extreme price swings, which have been historically rare, will become normalized. He refers to these larger price movements as “omega candles” — representing daily price changes of $100,000 or more.

The Evolution of Bitcoin’s Price Movements

Historically, Bitcoin has been known for its volatile price swings, with daily movements of $1,000 or even $10,000 in some cases. These fluctuations are often referred to as “god candles,” a term that reflects the massive, almost god-like price jumps that have occurred in the past. However, according to Mow, Bitcoin is poised to move beyond these levels and into the era of “omega candles,” a phase where daily price moves of $100,000 are common.

Mow’s perspective comes from the growing global adoption of Bitcoin and the increasing normalization of volatility in countries with weaker currencies. “The world’s going to change,” Mow stated. “After $100,000, I think everything starts to accelerate and go faster.” For him, once Bitcoin surpasses the $100,000 mark, it will experience even larger and more frequent moves. He compares this to the current economic environment, where the fiat system is growing at an unprecedented rate, but such expansions are considered normal and accepted.

The Impact of Global Economic Systems

One of the key points Mow emphasizes is the disconnect between Bitcoin’s volatility and the normalization of large movements in fiat currency systems. While Bitcoin’s volatility might appear extreme to some, Mow argues that it’s a reflection of the larger trend of inflation and debt expansion in traditional fiat systems, where the value of currencies like the USD is diluted by vast amounts of money printing. In contrast, the substantial moves in Bitcoin’s price are seen as significant due to the finite nature of its supply.

Interestingly, Mow also points out that in countries with weaker currencies, the phenomenon of “omega candles” is already happening on a regular basis. Nations like Egypt, Turkey, and Argentina have seen extreme fluctuations in their local currencies, and for residents there, daily price movements of $1,000 or more are becoming increasingly normal. This indicates that Bitcoin’s potential to see similar price moves could be inevitable as the world adjusts to these economic shifts.

Bitcoin’s Future Price Dynamics

As of now, Bitcoin is trading at just over $96,000. While this is a significant price for the digital asset, Mow believes that this is only the beginning of the next phase in Bitcoin’s price journey. He envisions a world where $100,000 price movements will no longer be surprising, and the larger the price swings, the more common they will become.

Mow suggests that these kinds of moves will fundamentally change the way people think about value and volatility in financial markets. For the global Bitcoin community, especially those in countries experiencing severe currency devaluation, the rise of “omega candles” could signal a massive shift toward Bitcoin as an alternative to traditional fiat systems.

Conclusion

Samson Mow’s prediction of Bitcoin’s future price volatility is both exciting and thought-provoking. As Bitcoin continues to mature, the idea of omega candles — $100,000 daily price swings — could soon become the new norm. Whether or not this prediction comes to pass, it highlights the growing influence of Bitcoin and the broader changes in the global financial landscape. As adoption spreads and Bitcoin’s role in the world economy expands, these extreme price moves might just become a regular feature of the crypto market.