Nov 26, 2025
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Capriole Founder Bullish on Bitcoin Due to Key Indicator Signals
Charles Edwards, founder of Capriole Investments, expresses optimism about Bitcoin, citing key indicators in bullish zones.
Key Indicators
- Bitcoin Heater: Reflects activity in the derivatives market, including perpetual swaps and futures. The recent plunge indicates a sentiment cooldown, positioning Bitcoin in the green zone, historically associated with local bottom formations.
- Dynamic Range NVT: Measures Bitcoin's market cap against transaction volume. The metric is currently below its lower band, suggesting Bitcoin might be undervalued, similar to earlier bearish periods in the year.
Edwards acknowledges challenges like institutional selling but maintains a positive outlook due to the current indicators.
Current BTC Price
Bitcoin is trading around $87,000, experiencing a 7% decline over the past week.
