Bitcoin is trapped in a downtrend, but a trifecta of positive scream deep value

in bolds •  2 years ago 

In a recent Twitter space, Capriol Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects incredible deep value based on multiple price metrics.

Bears refuse to relinquish their vice grip on markets, and the Federal Reserve's interest rate hike policy and quantitative tightening are adding fuel to the fire.

Despite these challenges, in a September 15 Twitter space hosted by Cointelegraph, Capriol Fund founder Charles Edwards explained why he is still bullish on Bitcoin.

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