Crypto on-chain analyst Charles Edwards, co-founder of digital assets hedge fund Capriole Investments, believes now is the right time to get “some allocation” to altcoins.
But he says you probably shouldn't keep them for long.
“If this is a regular four-year cycle, which has been playing out like the previous cycles so far, we can expect that Bitcoin will probably peak either later this year or next year,” the Australian-based crypto analyst tells us. Hall of flames.
“If that happens and Bitcoin goes into a bear market like it did in the past, you definitely don't want to own altcoins after mid-2025,” Edwards said in a tone of authority similar to his own. With 104,200 X followers.
“I think this 12-month window is where you want to own them. Not other years. Maybe not in 2026 or 2027.
In previous bear markets, altcoins suffered huge losses compared to Bitcoin.
“It depends on Bitcoin, as [if there is] Any kind of big pullback, obviously altcoins will be destroyed. So when bitcoin goes down a lot, altcoins go down a lot,” he explains.
But Edwards plays devil's advocate with his own predictions, noting that things could be different this cycle because of the US Securities and Exchange Commission's (SEC) approval of bitcoin ETFs earlier this year. It might not be Altseason.
“We don't have a driving force behind altcoins or Ethereum. If this cycle is institutionalized like most of the flow and demand, altcoins probably won't see the same growth,” he said.
Table of Contents
ToggleHow did Charles Edwards become famous on Twitter/X?
When Edwards isn't busy running his hedge fund, he spends his time doing technical analysis of bitcoin's price, and spotting trends that he posts on X.
“I guess I noticed the power of Twitter and social media in 2019, maybe in the first six months that I started working,” he said when Bitcoin was around $8,000.
“I've been writing a lot of articles and trying to share as much research and Bitcoin-related strategies as I can on Medium, TradingView and Twitter,” he added.
Edwards said he felt like he was “getting into a bit of a rhythm” by consistently posting when his account grew from “zero to 10,000” followers, and after that he got a little lazy.
“Then maybe I wasn't as consistent as I could have been,” he laughs.
Read more
Main characteristics
Should crypto projects negotiate with hackers? in case
Main characteristics
Rude Payments Are Considered Crypto's Deadliest App: Why Are They Failing?
Consistent or not, AdWords should post enough interesting content to garner over 100k followers.
“If you put out good quality content frequently and if it's consistent around you and you do that, I think you'll probably grow because whatever the nature is, crypto or whatever, there's going to be other people who are interested.”
What kind of crypto research content does Charles Edwards produce?
Edwards primarily analyzes all things Bitcoin – from price movements and ETF earnings to Bitcoin electricity costs.
“Most of the content revolves around valuation metrics and identifying when Bitcoin is over or under and related to the rest of the technical analysis,” he says.
He also regularly posts content on altcoins for those interested.
Edwards rarely discusses macro market conditions, though he believes the crypto community “often finds it boring and under-engaged.”
Regardless, Edwards believes that macro will play a major role in the Bitcoin markets and plans to do so.
Read more
Main characteristics
EXCLUSIVE: 2 years after John McPhee's death, widowed Janice is broken and needs answers.
Main characteristics
Before NFTs: Increasing interest in pre-CryptoPunk collectors
“It's a big driver of what's happening in the bitcoin ecosystem as well. So I find that information very interesting,” he said.
Who does Charles Edwards follow on Crypto Twitter?
Edwards is a fan of the many crypto accounts in the space, particularly those that pick the same market and identify emerging trends in Bitcoin and other altcoins.
Crypto on-chain analyst Willy Wu and memecoin analyst Murad are two in particular.
In addition to Woo for on-chain analysis, Edwards is a proponent of Reflexivity Research co-founder Will Clements and Australian analyst James Check, “Checkmatey.”
For technical analysis, Edwards believes the pseudonymous crypto trader Donald is “the best in the space.”
Charles Edwards Bitcoin Price Prediction
Edwards believes that the “two or three month window” after April is typically the most volatile for the Bitcoin halving, but he has a positive outlook for Bitcoin holders when considering the next twelve months as a whole.
“Halfing minus a few days over the next 365 days is usually the best risk-reward period for Bitcoin. You'll usually find strong positive trends with very limited downside,” he explains.
“So for me, waiting for a base case next year is a great return period for Bitcoin,” he predicts.
He told followers on X that Bitcoin could hit $280,000 next year if it matches the 2020 half-track.
Edwards isn't sure if it's “straight or consolidation and straight,” but either way he's booked for the next 12 months, “they're probably going to do really well.”
Subscribe
A very engaging read in Blockchain. It is given once a week.
Ciaran Lyon
Ciaran Lyons is an Australian crypto journalist. He is also a freelance comedian and has been a radio and TV presenter on Triple J, SBS and The Project.
