Tag Archives: Charles Edwards

Bitcoin Could Be Near A Bigger Breakout As Key Metrics Turn, Capriole Founder Says

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Bitcoin may be approaching a more consequential upside move if current technical and on-chain trends hold, according to Capriole founder Charles Edwards, who argued in a new market note that a cluster of macro, sentiment and blockchain indicators has shifted in a more constructive direction despite a volatile geopolitical backdrop. Edwards framed the current environment… Continue reading Bitcoin Could Be Near A Bigger Breakout As Key Metrics Turn, Capriole Founder Says→

Bitcoin On Brink Of Massive Breakout Like Gold In 2008: Hedge Fund CEO

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In the latest edition of the Capriole Investments newsletter dated August 20, 2024, Charles Edwards, founder and CEO, draws striking parallels between the current market behavior of Bitcoin and the historical performance of Gold, particularly during its 2008 rally. Bitcoin Mirrors 2008 Gold Rush Edwards points out that Bitcoin has been consolidating around $60K, echoing… Continue reading Bitcoin On Brink Of Massive Breakout Like Gold In 2008: Hedge Fund CEO→

Bitcoin Price Prints Rare Buy Signal With 84% Win Rate, $80,000 Coming?

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After rising by more than 28% over the 16 days, the Bitcoin price was rejected at key resistance at $68,500 on Sunday. Since then, the BTC price is displaying a slight pullback, but according to Charles Edwards, the founder of Capriole Investments, investors can expect the bullish momentum to continue. Edwards shared the chart below… Continue reading Bitcoin Price Prints Rare Buy Signal With 84% Win Rate, $80,000 Coming?→

Best Long-Term Bitcoin Buy Signal Flashes, Hedge Fund CEO Warns

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In his latest dispatch, Charles Edwards, CEO of the Bitcoin and digital asset hedge fund Capriole, has flagged a significant market indicator in the latest edition of the firm’s newsletter, Update #51. Edwards points to the activation of the “Hash Ribbons” buy signal, a notable event that has historically indicated prime buying opportunities for Bitcoin.… Continue reading Best Long-Term Bitcoin Buy Signal Flashes, Hedge Fund CEO Warns→