Founder of digital asset quantification fund Capriole: It is particularly important to halve the block rewards of Bitcoin next year

It is reported that Charles Edwards, founder of the digital asset quantification fund Capriole Investments, said in an interview that Bitcoin is at the beginning of a “new revolution” after the price rise in early 2023, and next year will be a key year. With the recovery of investment behavior and price trend around Bitcoin, Edwards, like many other institutional professionals, may be preparing for the explosive growth period. He believed that there was no final conclusion as to whether the BTC price hit the bottom, but for long-term investors, the allocation time had just begun. In an interview, Edwards reflected on the prospects of the Bitcoin and cryptocurrency industry in the next few years, and whether the rebound in 2023 really has a firm foothold. Looking forward to the future, it will be particularly important to halve the block reward next year, because in his words, Bitcoin will become “the hardest asset in the world”.

Interpretation of this information:

According to Charles Edwards, founder of Capriole Investments, Bitcoin is at the beginning of a new revolution after the price increase in early 2023. Edwards believes that next year will be a significant year for the cryptocurrency as the investment behavior and price trend around Bitcoin continue to recover. He, like many other institutional professionals, is preparing for the explosive growth period. Edwards also emphasizes that there is no conclusive evidence that the price of BTC has hit rock-bottom, but he believes that for long-term investors, the allocation time has just begun.

In his interview, Edwards also reflects on the prospects of the Bitcoin and cryptocurrency industry in the coming years, including whether the rebound in 2023 will stand the test of time. Moreover, he noted that the block reward halving that will take place next year will be of great importance. In his words, Bitcoin will become “the hardest asset in the world.”

Overall, the message conveys an optimistic outlook for Bitcoin as Charles Edwards, a well-respected institutional professional, predicts that it is at the beginning of a new revolution. The rebound of Bitcoin’s price and investment behavior has encouraged Edwards and others to prepare for an explosive growth period. Edwards also highlights the upcoming block reward halving as a crucial event that will strengthen Bitcoin’s position as the “hardest asset in the world.”