#Which Memecoin Will Surpass $1B Market Cap Next? #Join Gate Post User Survey & Win $1,000 #Which AI tokens do you find most promising? The main engine of Bitcoin (BTC) is called the Omega candle, named by Samson Mo.


Samson Mow, a Bitcoin advocate and CEO of the company that focuses on BTC JAN3 adoption, addressed his audience on X platform to share their BTC predictions.
Revealing what could be the most likely main driver for the first Omega candle, which will push the world's leading cryptocurrency towards 1 million dollars. His prediction relates to Michael Saylor's company, which focuses on Bitcoin, MicroStrategy.
MSTR is expected to experience gamma squeeze
The Omega candle is a short-term uptrend and one-day movement that appears as a large green candle on the chart, indicating an exceptional and rapid price increase. It is anticipated that Bitcoin will eventually reach $1 million per coin and then rise further.
The gamma squeeze on $MSTR is what causes the first omega candle. ♎️
- Samson Mow (@Excellion) December 7, 2024
MSTR is expected to experience its first Omega candle in Bitcoin thanks to gamma squeeze on MicroStrategy stocks. Gamma squeeze relates to options trading and occurs when a large number of call options (indicating a bet on price increase) are bought. When this happens, market makers are forced to hedge their risks and begin buying the underlying stock itself, pushing the stock price higher. This is what MSTR is expected to experience, subsequently pushing the price of Bitcoin higher.
At the same time, MicroStrategy does not slow down its strategic plan to buy Bitcoin, regularly adding more BTC to its inventory.
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Expect a SAT-Dollar Bitcoin tie by JAN3 President
In a previous tweet, Samson Mow discussed the potential future of Bitcoin when it will be used in the economy equally with the US dollar. The CEO of JAN3 expected that Bitcoin will eventually reach parity with the dollar, or rather, the Bitcoin particles called satoshis will be equal to the US paper currency.
This means that the most likely outcome for #Bitcoin will be equal to dollar sats. When I say equal to dollar sats, I mean the approximate purchasing power of the dollar at present. A dozen eggs will be 2-3 sats.
— Samson Mow (@Excellion) December 6, 2024
It explains that through the dollar-sat equivalence, meaning the approximate purchasing power of the dollar at the present time. "A dozen eggs will be 2-3 sats," he wrote in his tweet.
He added that this would happen if the remaining Bitcoin was divided "equally among everyone on the planet." It is already impossible to divide 21 million BTC "equally" because of its current holders. The actual number of Bitcoin that an average person may end up with according to Mo is likely to be 10-50 thousand satoshis.
#Join Gate Post User Survey & Win $1,000
#Which AI tokens do you find most promising?
#Which Memecoin Will Surpass $1B Market Cap Next?
MEME-5,51%
BTC-3,06%
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