BTC price action has a habit of copying gold uptrends — but only after a few months of the Bitcoin crab market.
Bitcoin may need a matter of months to stage a rebound and follow gold, one analyst argues.
In an X post on Aug. 13, Charles Edwards, the founder of quantitative Bitcoin (BTC) and digital asset fund Capriole Investments, said BTC price action still looks “promising.”
Bitcoin has disappointed on a macro level in recent months, staying rangebound while other assets head higher.
