Famous Analyst Expects a Massive Rise in Bitcoin: He’s Done It 4 Times Before!

Charles Edwards, founder of cryptocurrency investment company Capriole Investments, stated that Bitcoin (BTC) will host a major price increase next year.

Charles Edwards social media on November 28 in your post, excited Bitcoin investors. In the post that was the subject of the news 2024 for Bitcoin in colossal One rise Edwards predicted, “Are you starting to understand?He drew attention with the statement.

The Bitcoin chart he added to his post is divided into 4-year intervals and in a 4 year period The experienced name, which includes the great rises experienced, is at the heart of the matter. The halving will occur in April 2024 he pointed out.

Bitcoin 2012, 2016 And 2020 It witnessed truly great rises after the halvings that took place in 2008. Edwards history will repeat itself and he thinks that a similar scenario will occur in 2024.

Bitcoin halving according to Nicehash data On April 18, 2024 The reward given to miners per block will be It will be reduced from 6.25 BTC to 3.25 BTC. It is still important for investors not to invest by relying on a single indicator and to consider many different variables.

The analyst also recently predicted the historical low of Bitcoin halving. 41.2 thousand He stated that he would move it to dollars.

According to CoinGecko data, in the last 24 hours 2.2% rise Bitcoin exhibiting, at the time of writing from $38,157 is being traded.

source site-9