Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’

cointelegraph.com:

$20,000 is no longer support.

$100,000 didn’t happen.

The Bitcoin halving is 562daysaway.

Bears simply refuse to release their vice grip on the market and the Federal Reserve’s policy of interest rate hikes and quantitative tightening is adding fuel to the fire.

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

Edwards said that several on-chain metrics suggest that BTC is undervalued:

When asked about his thoughts on the previous Bitcoin halving and how the current economic environment might impact the next halving, Edwards said:

2022 has proved that risk management and building a balanced portfolio is still a skillset crypto investors are working to develop. Edwards said:

Tune in and listen to the full episode!

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