CandleFocus Bitcoin Price Could ‘Easily Double’ In A Short Time, Predicts Hedge Fund CEO
2024-12-04
Author: Content Editor
Charles Edwards, founder of crypto hedge fund Capriole Investments, provided an analysis of Bitcoin's current state and future trajectory in a recent episode of The Milk Road Show. He believes that Bitcoin's journey to $100,000 could accelerate its price, potentially doubling it within weeks. Edwards notes that Bitcoin's smaller market capitalization compared to gold allows for more rapid price movements and that historical data shows significant appreciations after surpassing previous all-time highs. However, the $100,000 mark represents a significant resistance level due to a substantial sell wall and potential selling pressure from investors. Despite cautioning about market volatility, Edwards remains optimistic about Bitcoin's prospects and suggests that the traditional 4-year Bitcoin cycle may be reaching its conclusion as Bitcoin matures and integrates with traditional finance. Several potential catalysts, such as the establishment of a Strategic Bitcoin Reserve by the US government or corporate adoption, could propel Bitcoin's price to unprecedented levels. Edwards provides a base case of $140,000 and an optimistic scenario of $200,000 for Bitcoin's price in this cycle.
Related News
Time to Buy BTC? BlackRock Adds $1 Billion to Bitcoin Holdings Solana ETF Pushes The Price: SOL’s Path To Future Growth Ethereum and Dogecoin Prices Rise as Bitcoin Has Another Close Call With $100K Chainlink price prediction 2024-2030: A strong buy sentiment for LINK? Altcoins In The Spotlight As Bitcoin Dominance Flashes Sell Signal Grayscale excludes staking rewards as it joins SOL ETF filing fray $RIO Token Shows Strong Patterns for Major Breakout and Price Surge Trends in 2025: a16z predicts AI agents, crypto app stores and better prediction markets Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying Dogecoin Price Breakout Could Start Second Phase of Bull Run ThorChain RUNE Jumps 71%, Targets 237% Growth After Breaking Long Resistance Binance's BNB Hits Fresh Record, Breaks Out of 3-Year Range as Altcoin Rotation Accelerates Why Corporates Will Default to Public Chains in the Future Monero (XMR) Price Surges as Privacy Coins Benefit from Tornado Cash Decision Circle is first stablecoin issuer to comply with new Canadian listing rules a16z Highlights AI and Blockchain Integration as Potential Growth Drivers in Crypto for 2025 Chiliz (CHZ) Primed for A Bullish Breakout, Ready for 117% Potential Upside Momentum A crypto CEO’s warning to law firms Why Has the XRP Rally Lost Its Momentum? What Can Happen Next? Here are Predictions Here’s why XRP could crash soon DeFi superapp Fluid is coming for Aave and Uniswap’s lunch APE jumps 11.94% in one day: Is $2.30 the next target? Sonic SVM Powering HyperFuse Guardian Node Dashboard Enters in Alpha Testing Forbes 30 under 30 spotlights minds shaping crypto’s hype Bitcoin Developers Move to Gauge Consensus on Covenants Soft Forks New York Times on 'Wrong Side of History', OpenAI CEO Sam Altman Says at NYT Event Bitcoin is on the Attack – We’re Above $ 98,000 Again – Here’s Why and Latest Data Cardano introduces plan 529 ahead of Plomin hard fork upgrade 62% of Solana’s DEX transactions belong to Pump.fun — What keeps it going? Mog Coin (MOG) Price Struggles Despite Coinbase Listing Roadmap News Rep. French Hill pledges to investigate debanking following crypto executives' complaints In India, adoption metrics don’t match on-ground reality Vestra DAO (VSTR) smart contract exploited less than a month after its launch 'I Liked the Coins': Dog-Themed Token Price Doubles After US Congressman Buys In Price analysis 12/4: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, TON, SHIB Polkadot (DOT) Price Could Reach 2-Year Highs If This Happens Altcoin funding rates hit 9-month high — Bullish for altseason or a red flag? VeChain (VET) hits 2-year high after VeBetterDao launch XRP 'Infinitely Better' Than Memecoins, Top Trader Claims ROSE Clears Major Resistance: Could a 3x Rally Be on the Horizon? XRP Poised for 20% Price Decline, Chart Signals Imminent Sell-Off Ripple CEO Hails Trump SEC Nominee Paul Atkins as 'Outstanding' KULR Technology plans to allocate 90% of surplus cash to Bitcoin Tron ($TRX) Shatters Historical Limits, Surpasses 2018 and 2021 Highs Why is BNB Going Up? Price Prediction and Fundamental Analysis How crypto’s liquidity engine grew after Terra’s collapse 2024’s top performing layer 1 networks: CoinGecko report Ripple Under Fire, Justin Bons Exposes XRP’s Centralization and Flawed Decentralization Claims Dogecoin rally to $1 imminent after recent bullish chart development — Analyst Crypto exchange volume hits record high: CCData Backed, Sonic, and Chainlink Collaborate to Tokenize Fortlake’s Sigma Fund What is next for XRP price as Hoskinson supports Ripple RLUSD? Shiba Inu Lead Teases Launch of SHIFU Coin: Airdrops and Big Breakthroughs Ahead? ? Fed Chair Jerome Powell Admits Bitcoin is 'Digital Gold' Ethereum's Justin Drake Sees No Threat From Solana, Says Its ‘Golden Era’ Will End Crypto Options: A Key Tool for Institutions Navigating Volatility and Yield Trump Names Former SEC Commissioner Paul Atkins as His Pick for Chair of the Agency Crypto.com to launch Mastercard-powered card in Bahrain MSTR vs. BTC Shiba Inu Partners Hawk Tuah Girl to Airdrop 20M HAWK Tokens Citadel CEO Ken Griffin says he regrets not buying crypto in its bear market Polygon Price Faces $1 Rally Setback as Foundation Wallet Moves 8.68M POL Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław Will a New Chair Listen?: Peirce Urges SEC to Embrace Crypto Exploring Bitcoin’s Potential Changes with CTV Litecoin Price Prediction: This Indicator Suggests LTC is Likely to go Vertical Soon AI predicts Tron (TRX) price for year-end NY Mayor Flaunts Bitcoin Paycheck Profits Amid BTC Reserve Talks IOTA Staking with 10-15% APY Paves the Way for ETFs and ETPs, Co-founder Says Analyst Predicts XRP Price May Hit $64 by 2032 Why Hedera Stands Out: Governance, Institution-Focus, Tokenization, and More—Is HBAR a Sleeping Giant? BREAKING: FED Chairman Jerome Powell Speaks – Here Are The Details Ethereum to $7K? ETH price targets mushroom as altseason gathers pace JUST IN: FED’s Highly Anticipated Beige Book Document Published – Here are the Details Bitcoin Exchange Balances Hit 2024 Lows, Signals Bullish Trend Cardano Price Prediction as Trump's New SEC Pick Could Be ADA Supporter BitGo in talks to launch services in India YouTube views of crypto influencer content hits 12-month high Hyperliquid’s HYPE token has surged over 200% since launch, reaching $12 billion FDV REX launches crypto stock income ETF PEPE price soars on Binance.US listing news MicroStrategy’s average bitcoin purchase price exceeds $58,000 Is $4,000 next for Ethereum? Expert analysis Who is Paul Atkins, Donald Trump’s pick for SEC chairman? Meitu Cryptocurrency Sale Yields $79M for Special Dividends XRP price and technical chart analysis Exchange tokens BNB, BGB, and GT hit all-time high (ATH) levels Is the ‘memecoin supercycle’ over already? Analysts weigh in Coinbase Pumps Ethereum and Solana Meme Coins With Latest Listing Plans Illicit Crypto Laundering Network Across 30 Countries Busted Fireblocks unveils Uniswap and Aave compatibility improvements DeFi.app raises $2 million seed round at $100 million token valuation Ripple’s RLUSD stablecoin: Here’s what you need to know before launch Uphold’s Topper to offer crypto withdrawals to non-custodial wallets Bitcoin's path to $100,000 requires new buyers absorbing long-term holder sell pressure, analysts say AI predicts BNB price for year-end DWF Labs Deposit $9 Million in ALGO to Exchanges, Reflects Increasing Algorand Demand: Lookonchain Solana (SOL) Price Shows Signs of Consolidation After Reaching a New All-Time High Missouri introduces bill to ban CBDCs, improve gold reserves This Bitcoin chart pattern sets a clear path to $140,000 in early 2025 SEI price eyes $1 as Sei NFTs go live on Magic Eden Binance Pakistan Partners with Alpine F1 Team to Combine the Web3 and F1 Racing Why These Altcoins Are Trending Today — December 4 Wall Street Bitcoin Miner Hut 8 Launches $500M ATM and $250M Stock Repurchase MicroStrategy Has Same Bitcoin Purchasing Price as Average Investor Bitcoin (BTC) Price Prediction for December 4 Peter Brandt's Prediction of New BNB All-Time High Comes True: Details 1.6 Billion in 24 Hours: XRP Open Interest Returns to Peak Levels Vechain Hits 2-Year High of $0.07901, as Experts Set Timeline for Potential Surge to $0.1 Ethereum (ETH) Resumes Its $4,000 Price Journey Tron Sees Historic $21M in Daily Revenue Amid TRX Dramatic Price Pump Ripple CTO Trolls XRP Critics With 'Toy Story' Meme Bitcoin Daily Realized Profits Drop 42%, Cooling Off to $277M Per Day IOTA News: Fair Launch, Real-World Adoption, and a $100M+ EVM Ecosystem Cardano Mirrors 2020 Bull Cycle: Could ADA Surge 1,800% Again? Bitcoin Must Overcome Serious Sell Wall to Hit $100K Price: Analysts RON Bullish As Ronin Network Transactions Surge 33%: Nansen BitBoy Says XRP Next Stop is $4.5, Get Ready Botanix Labs' Mission to Bring Bitcoin to Defi Moves to Final Testnet Phase Turkish Treasury and Finance Minister Speaks About Cryptocurrencies Cardano Unveils Plan 529 as Major Hard Fork Upgrade Approaches XRP to Hit $3? Key Level to Watch Hedera Integrates with World’s First Crypto Automotive Marketplace CryptoAutos Russian President Vladimir Putin Talked About Bitcoin (BTC) and Cryptocurrencies! JUST IN! Coinbase Adds Two New Altcoins to Its Roadmap to List! Ethereum Poised for 97% Rally to $7,300 Post Breakout, Says Analyst Ripple's RLUSD Stablecoin on Tron (TRX): Surprising Statement by Justin Sun Bitcoin price prediction for December, according to BTC historical returns Monero Surges to Two-Year High of $211 as Privacy Coins Heat Up Why This Aussie Asset Manager is Tokenizing its $97M Fixed Income Fund Polygon-powered web3 video game Chainers unveils dates for closed playtest Britain plans to take on the US as a global crypto hub — but can they? Google Trends Confirms “Altcoin” Craze While Bitcoin Holds Firm $103 Million XRP Deposit Hits Coinbase as XRP Gains Another 10% PEPE eyes bounce amid whale accumulation Dogecoin to Reach $3-$5, Expert Predicts Timeline Binance Futures Announces Listing of Two New Altcoins with Up to 75x Leverage! AMP price is rising as top crypto expert sees more upside VeChain Prediction: Analyst Eyes $0.63 All-Time High for VET One Year of Javier Milei: Why Argentinian Crypto Folks Can’t Get Enough of Him ? Report Claim Rlusd to Launch Today; Can Ripple Price Hit $3? Whales Profit from Real-World Assets (RWA) Animal Meme Coins Thrive: How PNUT Hit $1 Billion Market Cap in Record Time Ex-Binance Boss CZ Warns Not to Get Distracted as BNB Price Hits All-Time High ‘Start of a Larger Move’: Analyst Predicts New All-Time High Rally for XRP Into Pure Mania – Here’s His Target HYPE Token Hits New ATH and Surges Over 200% Since Launch CoinGecko Highlights $PNUT’s Meteoric Rise, $PNUT Hits $1B in 11 Days XRP is Just 25% Shy of All-Time High Amid Market Saturation Concerns Bank of Korea Governor says interest rate cuts unlikely after unprecedented political unrest Ethereum (ETH) Breaks Out and Eyes $4K Resistance Bybit will not support yuan trading but allows Chinese users with VPN First 'Web3 Laptop' Promises Cold Storage Wallet and Token Airdrop 80% of Litecoin Investors in the Green: Is an LTC Sell-Off Next? ONDO Sets New ATH at $1.93, Ondo Finance Shows Bullish Indicators for Next Bull Targets $6.5 and $13 Binance's Exchange Token Hits Record High, Dethroning Solana! Here Are the Details Blockchain and smart contracts revolutionize urban development | Opinion SUI Price Eyes New All-Time High with Flag Breakout Rally If Dogecoin Mirrors Last Cycle, The Surge To $4 Begins At Week’s End Pump.fun Transfers 200K SOL to Kraken Amid Record Revenue Bitcoin (BTC) Retail Boom Reaches 4-Year High, Rekindles Bullish Price Predictions Ethena Partners with Derivatives Protocol Derive, Offering 5% of DRV Tokens to sENA Holders Analyst warns XRP’s gains are 'not natural,’ labels it ‘pump and dump’ DeFi TVL reached 31-month highs, market cap broke the $3.7t mark SynFutures Announces F Token Airdrop Grayscale Files for Solana ETF Bloomberg Analyst Explains Approval Chances and Possible Date! BIG Solana Price Prediction: Is SOL Price Eyeing $700? Long-time stakeholder in Upbit’s parent seeks exit just day after South Korea lifts martial law: report $SUI Leads with 0.82% Token Unlock as $MEME, and Others Gear Up For Big Token Unlocks Missouri Senate introduces bill to disqualify CBDCs as legal tender XRP: From 3.2 Billion to 800 Million, What's Happening? Tron (TRX) Skyrockets 80% to Hit New ATH: Reasons After Tron Hits $0.45, Will It Break $0.50 as Whales Take Profit? What Is Driving CRV 138% Surge This Week? Ethereum Price Prediction: Golden Cross Could Lead to a 200% Surge! Binance Coin Hits New All-Time High Price: Is $920 Next? With U.S. Financial Conditions the Loosest in Years, Bitcoin Can Continue to Thrive: Van Straten Ripple prepares for what could be the last XRP dump of 2024 Sudden boom for the price of Tron (TRX) New ATHs for BNB and TRX as BTC Returns to $97K (Market Watch) 3 Cryptocurrencies That Reached All-Time Highs Today — December 4 Crypto Trader Makes $8.3M in 18 Hours Trading $SHIRO XRP Price Prediction: Can XRP Rally Another 400%? Brad Garlinghouse Shares 'XRP Trading on Fire' Message As XRP Spikes Again While Altcoins Take Off, Led by XRP and Tron (TRX), Analysis Firm Warns of a Decline for Popular Altcoin! BNB Price Skyrockets To New All Time High, Rally To $1000 Near? SoonVerse Partners with Mystiko Network to Redefine Web3 Security and Scalability Bitcoin eyes $100,000 amid 74.5% probability of 25bps rate cut Dubai’s virtual asset regulator issues alert against XT.com and six other crypto entities Shiba Inu (SHIB) Begins Second Phase of Its Bull Cycle AMP surged 60% amid increased whale interest Tron (TRX) Skyrockets 66%, Becomes Top Performing Altcoin: Can It Match XRP? Hedera Hits $6.31B ATH Volume; HBAR Eyes $0.50 This Week Legendary Trader John Bollinger Reveals If Bitcoin Price Ready to Squeeze XRP Price Prediction: Can It Break Through the $3 Barrier Before January? Mammoth 144,045% SHIB Burn Jump Stuns Shiba Inu Community: Details Debanking Isn't New—It Was Happening Before Chokepoint 2.0 PancakeSwap Unveils SpringBoard to Streamline Token Launching Shiba Inu Price Breaks Four-Year Downtrend, is ATH Next? Singapore MAS Announces Plans to Boost Asset Tokenization in Finance Justin Sun's Post Became True: After XRP, Now Tron (TRX) Cannot Be Stopped! So What's the Reason for the Rise? Analysts Explained! Will XRP Price Rally Resume as Bull Run Hits Brief Pause at $2.6? Will XRP Price Hit ATH This Week? Bitcoin Exchange OKX Announces Listing of This Altcoin for Spot Trading! Here Are the Details Cardano Hydra Surpasses 1M TPS as Bullish Sentiments Swell IOTA Co-Founder Pledges Focus on Institutional Adoption in Korea Through ETFs, Custody, and More Binance Delisting 2 Spot Trading Pairs: Is NOT and RDNT Price at Risk? Toncoin Bulls Eyeing $7: How Traders Can Capitalize on TON’s Latest Uptrend Crypto Market to Reach $10T, USD to Drop 30% against Gold: Saxo’s “Outrageous Prediction” Monero price prediction: here’s why XMR could surge soon Spot Bitcoin ETF inflows surge 90%, closing in on Satoshi Nakamoto’s BTC holdings Wall Street Analyst Speculates XRP Could Reach $4-$16: Here’s Why Phantom is safe from Solana Web3.js vulnerability; users are advised to upgrade soon How Many Dollars Will the XRP Price Rise to? Analysts Share Forecast For The Coming Months Shiba Inu Lead Shares New Cryptic Post Hinting at Imminent Launch of TREAT Wall Street Bitcoin Miners Report Lower November Production Despite BTC Rising to $100,000 Binance tops list of 17 crypto entities probed for tax evasion in India Is Bitcoin (BTC) Is Going to Drop? Worrying MVRV Signal BNB Price Jumps to New All-Time High Breaking Key Resistance Level Cardano Whales Shed $69 Million ADA Ahead of This Week’s Token Unlock Pepe whale accumulation increases, long-term holders decline Crypto Art: Hackatao launches an NFT collection of stamps Massive XRP Sell Walls at $3.5 on Top Exchanges as XRP Consolidates Around $2.6 Analysts Eye 6 Projects for Hyperliquid-Style Airdrop Strategies Mindspace Solutions Boosts Dechat with $1 Million Investment KAIA crypto soars 101% in a week — But faces a key test at… Analyst Says Dogecoin Price Action Similar to XRP, Sets $1.15 Target Top Experts Say We May Not See XRP Below $2 Again, Admit XRP Chart Looking Good Solana Falls As It Threatens To Drop To $185 Here’s why the EOS, NEO, and BitTorrent prices are surging Move Over XRP's Korea Narrative, The 400% Price Rally Has Support of Coinbase Whales DMM Bitcoin Set for Liquidation after $320 Million Hack BNB Price Records a New All-Time High of $774 After 6 Months US gov moves $33 million in seized crypto from FTX to unknown addresses: Arkham Breaking down FET’s bullish projection: $3, $5, then $10? Crypto compliance ‘no longer optional’ under Australia’s new draft guidelines Trump Considers Pro-Crypto Perianne Boring, Caroline Pham as Possible CFTC Chairs SOL Under Bearish Scrutiny: Fibonacci Levels Hold the Key FTX Liquidator Transfers BIT and RAY Tokens, Market Reacts XRP on Fire: Falconx Reports Explosive 10x Growth in Trading Meme Coins in the Crosshairs: US Government Moves 54 Billion SHIB Bitcoin miner Hut 8 argues to toss ‘short and distort’ shareholder suit Crypto Scam Collapses: Icomtech Founders Sentenced for Ponzi Scheme Fraud Elite Crypto OTC Platforms Offering Exceptional Trading Solutions XRP Price to Soar More? Legal Expert Breaks Down Why RLUSD Launch Will Fuel XRP Growth XRP Still Below Its All-Time High As Crypto Explodes 107%, Psychologist Says XRP Price Prediction For December 4 Bitcoin Price Could ‘Easily Double’ In A Short Time, Predicts Hedge Fund CEO XRP, DOGE Fuel Massive Change in South Korea’s Market Structure: Details XRP Price Swings Wildly: Can It Resume Its Rally? South Korea’s short-lived military rule sparks record $34 billion in local crypto trade Dash (DASH) Breaks Out: Could a 636% Surge Be on the Horizon? Crypto’s Next Chapter: New Money Drives Market Cap and Stablecoins to ATHs Bluntz Capital Sees Big Potential in Dogecoin, Calls for ‘Violent’ Price Surge Coinbase Takes a Stand: No Business with Anti-Crypto Lawyers Bitcoin’s Silent Whales: Rising Exchange Inflows Hint at Market’s Next Big Move Enron relaunch headed by pranksters hints at offering crypto token US gov moves $33 million in seized crypto from FTX to unknown addresses: Arkham Bitcoin whales employ ‘wait-and-see strategy’ as price hovers at $96K BNB Surges 18% To Hit Record High Close To $800: Is Further Growth On The Horizon? Ripple whales prevent XRP decline after soaking $4 billion in sell pressure from realized profits XYO Network Leads Daily Crypto Gainers with a 191% Surge TRON jumps 85% to new record high, market cap tops $36 billion Ethereum Price Holds Steady, $4K Remains The Goal Bitcoin Price $95K Plateau: What’s Next for Crypto? Roger Ver Files Motion to Dismiss Justice Department Indictment Solana Price Prediction For December 4 Ethereum's Vitalik Buterin Calls For Enhanced Privacy and Security in Web3 Wallets Tron surges 80% in past day amid political unrest in South Korea ‘Bitcoin Jesus’ Roger Ver Challenges US Tax Evasion Charges Bitcoin range consolidation a ‘healthy next step’ before BTC attempt at $100K XRP Meme Coins Surge as Ripple’s Altcoin Gains 80% in a Week Analyst Sees Avalanche (AVAX) Printing Bullish Technical Pattern, Updates Outlook on Polkadot and Dogecoin Whale Movements Indicate Rising Sell Pressure for Major Altcoins Demand for high yield makes Ethena's USDe third largest stablecoin Key Levels to Watch As BNB Price Hits New All-Time High Cross-chain swap protocol Meson Finance announces upcoming integration with Neo X Ripple meme tokens try to compete with the Solana ecosystem Massive $PEPE Gains: $241.5K Becomes $7.53M in a Year of Smart Moves XRP Skyrocketing Over? Ethereum (ETH) $4,000: Is It Ready? Dogecoin (DOGE) Forms Flag Pattern TRX reaches a new all-time high after nearly 7 years XRP Whale Activity Soars to Record High as Price Rockets Over 440% in a Month Cardano’s ADA Surges 12% Amid ETF Buzz and $3 Price Optimism Ethereum price prediction 2024-2030: Will ETH reach $5,000 soon? COZ updates Neon Wallet Mobile with support for Neo X Michael Saylor Talks About Bitcoin Price, Sets a Peak Price and Predicts the Level Where It Will Fall Later BRETT price prediction 2024-2030: IS BRETT a good investment? ChatGPT finally says ‘David Mayer’ but fail on 5 names amid AI lawsuits AAVE Price 10% Short From 3-year High; Is Breakout Imminent? CryptoQuant CEO Warns Altcoin Market Faces Tough Season As Bitcoin Hovers Around Its All-Time High, Traders Turn to Altcoins Will Sam Altman collaborate with Trump on AI? Bitcoin Payment at Street Vendors; World Amused By Kenya