Join us
@faun ・ Mar 08,2023
In an interview with Cointelegraph, Charles Edwards, a Bitcoin commentator and fund manager, said that the next year's block subsidy halving will be especially important as Bitcoin becomes the "hardest asset in the world with certainty."
Edwards believes that the new regime could start from 2023, where the early stages of the Bitcoin bull market are beginning. He explains that Bitcoin's NVT metric is now at two-year highs, indicating the value normalization and the start of a new market regime. The Bitcoin cycle drawdown hit typical 80% levels in late 2022, and sentiment was at its worst in November/December 2022, and market hedging at its highest on record.
Share with your friends and followers
Join other developers and claim your FAUN account now!
Only registered users can post comments. Please, login or signup.