Interview with Charles Edwards: Bitcoin’s 2024 halving heralded as its momentous milestone

Bitcoin (BTC) is entering a “new regime” after its price gains in early 2023, according to Charles Edwards, founder of Capriole Investments. Edwards believes that as investment behavior around Bitcoin aligns with network fundamentals and price action, the cryptocurrency is poised for a period of explosive growth. While the jury is still out on whether the bottom is in for BTC’s price, Edwards argues that long-term investors should start allocating now. Edwards also highlights the significance of next year’s block subsidy halving, which will make Bitcoin the “hardest asset in the world with certainty.” He discusses the NVT metric, the importance of the $20,000 breakout in January, and the impact of the FTX collapse on the industry. Edwards also addresses the possibility of a ban on crypto staking service providers and the biggest dangers and tailwinds for Bitcoin’s potential bull cycle. He concludes by sharing some of his favorite metrics to anticipate the next market move.