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2026-03-12 23:21:14

#BitcoinSupportAndResistanceAnalysis Charles Edwards, founder of Capriole Investments, assessed Bitcoin's (BTC) current status, 2026 forecasts, and the greatest risks facing the market during a live broadcast he participated in.

Edwards noted that Bitcoin is in a "value zone" according to historical data, while warning investors about quantum computer threats and institutional cash flows.

Speaking about the overall market conditions during the broadcast, Edwards said that investors' constant attempt to find the "absolute bottom" is a flawed strategy. Analyzing Bitcoin's current price movements, the expert said, "We can say the price is closer to the bottom than the top. We are in a deep value zone, but this doesn't mean the price will immediately rise."

Edwards pointed out "Production Cost" data based on mining costs, stating that the $50,000 – $60,000 range is a strong support and value area for Bitcoin.

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