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. Speaking with…
Tag: Charles Edwards
The Bitcoin Cycle You Knew Is Dead, Says Capriole Founder
Capriole founder Charles Edwards argues that Bitcoin’s famous four-year boom-and-bust pattern has effectively ended—not because markets have matured into a placid equilibrium, but because the engine that once forced 80–90% drawdowns has been dismantled by Bitcoin’s own monetary design. The 4-Year Bitcoin Cycle Is Dead In his Update #66 newsletter published on August 15, 2025,…