Charles Edwards Says Bitcoin Is In A Value Zone, But Not Yet At Deep Value

Capriole Investments founder Charles Edwards says

Charles Edwards Says Bitcoin Is In A Value Zone, But Not Yet At Deep Value

Charles Edwards Says Bitcoin Is In A Value Zone, But Not Yet At Deep Value

Capriole Investments founder Charles Edwards says Bitcoin has moved into a historically attractive accumulation area, but not yet the kind of deep-discount zone that defined the best buying opportunities of prior cycles. In his view, the setup is constructive for long-term holders, though still lacking the confirmation needed to call a durable bottom.

Bitcoin must break above $74,500, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.