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Traders poised to capture record returns as Bitcoin gets ‘violent’

Traders poised to capture record returns as Bitcoin gets ‘violent’
The bull market is still beginning, but things will get worse before they get better, analysts say.
  • Bitcoin volatility is at its highest level in almost a year.
  • Analysts warn that short-term price corrections could be 'violent.'
  • The asset is gearing up for its 'best risk-reward period' ever, according to a hedge fund founder.

Savvy Bitcoin traders are set for a record year, but things will get worse before they get better.

Charles Edwards, founder at crypto hedge fund Capriole Investments, made that assertion in an X post on Tuesday.

He also downplayed skyrocketing volatility as “normal” ahead of halving events, which he said would likely lead to “inefficient miners” shutting down.

“However, the realities of a much lower supply growth rate [and] unlocked pent up TradFi demand will then kick-in and launch 12 months of historically the best risk-reward period for Bitcoin,” Edwards said.

He made the observation as volatility against the dollar is at its highest levels in almost a year, according to Kaiko data.

Bitcoin has fallen 15% from its $73,580 all-time high on March 14 to trade at $61,100 lows, according to CoinGecko.

The halving, estimated to hit on April 20, will slash miner rewards by half — to 3.125.

In other words, today’s 900 newly mined Bitcoin each day will drop to 450.

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The reduced supply entering the market will, theoretically, be a boon for the asset’s price.

Edwards is not alone in predicting a boon for Bitcoin traders.

[The] bull market is not over,” crypto asset trading firm QCP Capital said in a market update on Wednesday. “We are in the middle of a broad liquidity rotation that will likely take BTC to new highs post-halving.

“However, the near-term correction could be violent given the amount of leverage that remains.”

Bernstein analysts estimate that Bitcoin will soar to $150,000 by mid-2025, while Skybridge Capital founder Anthony Scaramucci has said a post-halving trigger will push Bitcoin’s price into the range of $170,000 or higher in the next year and a half.

Sebastian Sinclair is a markets correspondent for DL News. Have a tip? Contact Seb at

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