The Milk Road Show

Will This Be the Last 4-Year Bitcoin Cycle? w/ Charles Edwards

Dec 2, 2024
Guest
Charles Edwards
In this discussion, Charles Edwards, founder of Capriole Investments and a Bitcoin expert, shares insights on the potential for Bitcoin's price to surge towards $200,000. He underscores the influence of institutional investors and recent ETF launches on market dynamics. The conversation delves into how government actions might transform Bitcoin's role in the economy and the domino effect corporate adoption could create. With historical trends and macroeconomic factors at play, Charles paints an optimistic picture of Bitcoin as a future global reserve asset.
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INSIGHT

Bitcoin's Rapid Ascent

  • Bitcoin reaching $100K took 15 years, but the next $100K could come in weeks.
  • This is due to Bitcoin's increased accessibility and the current market cycle.
INSIGHT

\$100K Bitcoin

  • $100K is a significant psychological barrier for Bitcoin, attracting both sellers and new investors.
  • Breaking past this level could trigger rapid price appreciation.
INSIGHT

Capriole Bitcoin Macro Index

  • The Capriole Bitcoin Macro Index combines on-chain and macro metrics to gauge Bitcoin's fundamental value.
  • Currently, the index is elevated, suggesting strong price appreciation potential.
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