Capriole Founder Not Bearish On Bitcoin Despite Headwinds—Here’s Why
The founder of Capriole Investments says he “cannot be bearish” on Bitcoin, pointing to key indicators that remain inside green territories. Bitcoin Heater & NVT Are Both Inside Bullish Zones In a new post on X, Capriole Investments founder Charles Edwards has shared a couple of indicators related to Bitcoin that could paint a picture different than what the crowd is thinking right now. Related Reading: XRP Jumps 7%, But Watch Out For Speculative Froth The first indicator is Capriole’s “Heater,” gauging the situation related to the derivatives market. The....
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The Capriole Investments founder has pointed out how Bitcoin is still at a 40% discount compared to its Energy Value. Here’s what this could mean. Bitcoin Energy Value Is Situated Around $130,000 Right Now In a new post on X, Capriole Investments founder Charles Edwards has shared how the Energy Value of Bitcoin is looking […]
In the latest edition of Capriole Investments’ “Bitcoin Update,” Charles Edwards, founder and CEO, examines the current state of Bitcoin through a detailed analysis of thirteen on-chain indicators to address the critical question: Is the Bitcoin cycle top in? A month after a promising technical breakout above $65.5K, which briefly touched $70K, Bitcoin experienced a […]
Despite October being widely considered a bullish month for cryptocurrencies, Ethereum’s price has been experiencing bearish pressure, triggered by a recent market crash. As ETH continues to struggle to regain its upside momentum, Ethereum’s co-founder has reportedly offloaded a massive amount of ETH. Major Ethereum Sell-Off From Vitalik Buterin Ethereum’s bearish price action is intensifying, […]
In a recent Twitter Space, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on multiple price metrics. $20,000 is no longer support. $100,000 didn’t happen. The Bitcoin halving is 562 days away.Bears simply refuse to release their vice grip on the market and the Federal Reserve’s policy of interest rate hikes and quantitative tightening is adding fuel to the fire. Despite these challenges, in a Sept. 15 Twitter Space hosted by Cointelegraph, Capriole Fund founder Charles Edwards explained why he is still....
An analyst has revealed how 2025 has been the year of OG Bitcoin whales, with hands older than seven years spending more than ever before. OG Bitcoin Whales Have Maintained A High Selling Baseline This Year In a new post on X, Capriole Investments founder Charles Edwards has talked about the trend in the Bitcoin […]