Bitcoin’s Potential Price Acceleration: Charles Edwards predicts that Bitcoin reaching $100,000 could trigger a rapid price surge, potentially doubling in value within weeks. Market Capitalization Comparison: Edwards highlights that Bitcoin’s smaller market cap compared to gold allows for quicker price movements, with historical trends showing rapid appreciation after surpassing previous all-time highs. Resistance at $100,000: […] Сообщение «Цена биткоина может легко удвоиться в ближайшее время, говорит глава хедж-фонда» появились сначала на КриптоВики.
Charles Edwards predicts that Bitcoin reaching $100,000 could trigger a rapid price surge, potentially doubling in value within weeks.
Edwards highlights that Bitcoin’s smaller market cap compared to gold allows for quicker price movements, with historical trends showing rapid appreciation after surpassing previous all-time highs.
$100,000 represents a significant resistance level due to a substantial sell wall, but Edwards remains optimistic about breaking through in the upcoming months.
Edwards cautions investors about the normalcy of 20% to 30% corrections during bull markets and the impact of increasing leverage on price swings.
Edwards discusses the possibility of the traditional 4-year cycle, driven by halving events, diminishing in significance as Bitcoin integrates more with traditional finance systems.
Factors such as a US Strategic Bitcoin Reserve or corporate adoption could drive Bitcoin to unprecedented levels, with Edwards suggesting potential price scenarios of $140,000 and $200,000.
Edwards provides base and optimistic scenarios for Bitcoin’s price, estimating potential levels of $140,000 and $200,000 based on various catalysts and market conditions.
Сообщение «Цена биткоина может легко удвоиться в ближайшее время, говорит глава хедж-фонда» появились сначала на КриптоВики.