Capriole

Capriole Newsletter – Issue #24

Charles Edwards — Tue, 20 Sep 2022 19:13:55 +0000

This month we deep dive into the macro and make the case for the Fed Pivot being just around the corner. We explain why equities are not overvalued, why maximum fear is priced in and what all of this means for Bitcoin and crypto.

The post Capriole Newsletter – Issue #24 appeared first on Capriole.

Capriole Newsletter – Issue #23

Charles Edwards — Fri, 02 Sep 2022 11:28:00 +0000

Fear struck the market again with a blunt Fed speech. The broader Bitcoin fundamental picture remains in a consistent value region and we can see potential signs of oversold technicals. The promising buds of a local-minima...

The post Capriole Newsletter – Issue #23 appeared first on Capriole.

Capriole Newsletter – Issue #22

Charles Edwards — Sun, 31 Jul 2022 22:51:52 +0000

This issue we deep dive into the many Bitcoin and macro metrics showing signs of capitulation. The raw count of evidence for cyclical capitulation today is immense.

The post Capriole Newsletter – Issue #22 appeared first on Capriole.

Capriole Newsletter – Issue #21

Charles Edwards — Thu, 30 Jun 2022 19:36:07 +0000

Today, we now find ourselves in a special juncture in the crypto cycle. Bitcoin has hit a down draw of -75% since November. More may come, but we are at a rare and historically valuable meeting point of price downdraw, halving cycle timing, and on-chain and fundamental metric discounts. As we outlined in our “Digital Asset Thesis” chart No. 10, we are now in the 6-12month window where Bitcoin halving cycle bottoms usually occur.

The post Capriole Newsletter – Issue #21 appeared first on Capriole.

Capriole Newsletter – Issue #20

Charles Edwards — Wed, 01 Jun 2022 07:45:06 +0000

The S&P500 and Bitcoin showcased a strong recovery recently and today both markets find themselves at resistance, both fundamentally and technically.

The post Capriole Newsletter – Issue #20 appeared first on Capriole.

Capriole Newsletter – Issue #19

Charles Edwards — Sat, 30 Apr 2022 12:59:08 +0000

Traditional markets have been taking a beating. Our February Newsletter and analysis of the impact of war on markets suggest that when considering war alone, most invasion events mark cyclical bottoms. So far this has been holding - by an inch...

The post Capriole Newsletter – Issue #19 appeared first on Capriole.

Capriole Newsletter – Issue #18

Ryan McCoy — Wed, 30 Mar 2022 07:51:31 +0000

The first quarter of 2022 is coming to a close. War in Europe and generational high inflation are our new reality. Markets have witnessed investors looking to risk-off, resulting in an exacerbation of the kind of...

The post Capriole Newsletter – Issue #18 appeared first on Capriole.

Capriole Newsletter – Issue #17

Yassine Zrigui — Wed, 23 Feb 2022 14:40:00 +0000

For the past few months, Bitcoin has been driven by macro events like rate hikes and quantitative tightening. This month a new macro event has emerged which is impacting Bitcoin: the Russian-Ukrainian crisis.

The post Capriole Newsletter – Issue #17 appeared first on Capriole.

Capriole Newsletter – Issue #16

Mick Herfkens — Fri, 28 Jan 2022 14:01:17 +0000

Last month was mostly dominated by macro news much like December, namely the expected rate hikes throughout the year and possible quantitative tightening. Bitcoin is still considered a risky asset and its correlation with equities is on the higher side lately...

The post Capriole Newsletter – Issue #16 appeared first on Capriole.

Capriole’s 2022 Market Outlook

Charles Edwards — Wed, 05 Jan 2022 14:07:21 +0000

A year ago, we published our “Christmas Special” newsletter. We wrote the following for our expectation of 2021

The post Capriole’s 2022 Market Outlook appeared first on Capriole.