Will Bitcoin Go To $12k or $30k First? | Charles Edwards
When will the price of Bitcoin Bottom? The rapidly deteriorating macroeconomic environment has dragged Bitcoin down into a vicious 80% bear market. Bitcoin is currently trading as a risk on an asset, and what’s most confusing to many investors is that they thought Bitcoin was a hedge. The global financial system is melting down before our very eyes, and Bitcoin is the only viable alternative to the fiat fiasco. We all know Bitcoin is the solution, but when should we be buying it? Today I’m joined by a special guest who has the answers to many of these questions. Charles Edwards is a digital asset manager from Capriole Investments and keeps his finger on the pulse of everything happening in the financial markets. In this interview, we are going to discuss all these topics as well as: The metrics and valuations that tell us whether Bitcoin is cheap or expensive? Will Bitcoin continue to trade as a risk asset? What will the Fed do at Wednesday’s FOMC meeting? And most importantly, how you can protect yourself from what could be the biggest financial market crash in the 21st century Capriole Investments Twitter: @capriole_fund Charles Edwards Twitter: @caprioleio Article: https://medium.com/capriole/slrv-ribbons-ef8f44cd6ce7See omnystudio.com/listener for privacy information.