{"id":573371,"date":"2024-02-05T16:00:26","date_gmt":"2024-02-05T16:00:26","guid":{"rendered":"https:\/\/www.ktsl888.com\/?p=573371"},"modified":"2024-06-11T08:30:26","modified_gmt":"2024-06-11T08:30:26","slug":"bitcoin-price-280000-next-year-hedge-fund","status":"publish","type":"post","link":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/","title":{"rendered":"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund Manager"},"content":{"rendered":"

Renowned crypto asset hedge fund manager Charles Edwards has made a bold prediction regarding the future price of Bitcoin. Edwards, founder of Capriole Investments, shared his insights<\/a> via X (formerly Twitter), outlining a compelling case for Bitcoin’s potential to reach $280,000 in the coming year.<\/p>\n

In his statement, Edwards referenced historical data and several key factors that could drive Bitcoin’s price to new heights. He began by comparing Bitcoin’s performance after the 2020 halving event<\/a>, stating, “If Bitcoin’s post halving returns are the same as 2020, we are looking at $280K Bitcoin next year.”<\/p>\n

Bitcoin Price Could Top $300,000 Next Year<\/h2>\n

As the chart by Edwards shows, the third bull run in 2020 was rather subdued in comparison to the previous ones. The first bull market (halving cycle) in 2012 saw Bitcoin price peak at $1132, marking a dramatic increase of 8,996% over 11 months (335 days). The second bull run in 2016 ended in December 2017 when the price reached approximately $20,000, marking a 2,089% increase over 17 months (518 days).<\/p>\n

\"Bitcoin
Bitcoin price, monthly chart | Source: X @caprioleio<\/figcaption><\/figure>\n

Edwards acknowledged that some might argue that profits diminish with each cycle. However, he made a counterpoint that 2020’s performance was pinned down due to main factors. First, Edwards attributed the lackluster performance of the 2020 bull market to China’s decision to ban Bitcoin mining, which led to a 50% reduction in hash rate and had a stifling effect on Bitcoin.<\/p>\n

Related Reading: Why Is Bitcoin Price Not Going Up Despite The ETFs? Expert Explains<\/a><\/div>\n

Second, he highlighted the aggressive tightening<\/a> measures taken by the Federal Reserve, which negatively impacted Bitcoin’s performance during that period, stating, “2020 was the worst Bitcoin bull market in history. I believe overall performance was pinned down due to the -50% destruction of mining network by China and the most aggressive Fed tightening cycle in history.”<\/p>\n

However, Edwards expressed optimism about the future, pointing to a contrasting economic landscape in 2024. He stated, “In fact, 2024 marks the polar opposite to 2021. QE has resumed and the Fed has started easing, with Fed chair Powell expecting 3 cuts this year. A weaker dollar = a stronger Bitcoin.”<\/p>\n

He also compared the upcoming launch of Bitcoin ETFs in January to a “second halving,” highlighting the potential market impact, saying, “Further, I consider the January Bitcoin ETF launches<\/a> as powerful as a ‘second halving’.”<\/p>\n

Related Reading: Bitcoin Holders Moving Big: Number Of Whale Wallets Reaches Highest Count In 15 Months<\/a><\/div>\n

Drawing parallels to the gold market, Edwards emphasized that Bitcoin’s current market cap of around $800 billion is significantly smaller than gold’s market cap when the GLD ETF l<\/a>aunched in 2004.<\/p>\n

He noted that gold experienced a parabolic rise of over 300% in just seven years following the launch of the ETF, stating, “With a market cap of around $3.3T, Gold commenced a parabolic rise of over 300% to $13T in under 7 years. Bitcoin’s market cap today is just over $800B. Smaller assets are generally capable of experiencing larger upside returns.”<\/p>\n

Furthermore, Edwards underscored the rapid growth of Bitcoin, asserting that it is currently outpacing the adoption rate of the Internet, saying, “Bitcoin is currently growing faster than the Internet.”<\/p>\n

The hedge fund manager concluded by summarizing his prediction, stating:<\/p>\n

A 500% return over the 18 months following the halving would not be unusual for Bitcoin historically. An additional 300% return over the next 2-5 years from the ETFs alone would be a conservative assumption. When you drill it down to the two most important factors for Bitcoin this cycle, and add them together, it’s easy to arrive at a conservative Bitcoin price of $300K in the next couple of years.<\/strong><\/p><\/blockquote>\n

At press time, BTC traded at $43,134.<\/p>\n

\"Bitcoin
BTC price hovers below key resistance, 1-day chart | Source: BTCUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
Featured image from YouTube \/ Blockworks, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Renowned crypto asset hedge fund manager Charles Edwards has made a bold prediction regarding the future price of Bitcoin. Edwards, founder of Capriole Investments, shared his insights via X (formerly Twitter), outlining a compelling case for Bitcoin’s potential to reach $280,000 in the coming year. In his statement, Edwards referenced historical data and several key factors that could drive Bitcoin’s price to new heights. He began by comparing Bitcoin’s performance after the 2020 halving event, stating, “If Bitcoin’s post halving returns are the same as 2020, we are looking at $280K Bitcoin next year.” Bitcoin Price Could Top $300,000 Next Year As the chart by Edwards shows, the third bull run in 2020 was rather subdued in comparison to the previous ones. The first bull market (halving cycle) in 2012 saw Bitcoin price peak at $1132, marking a dramatic increase of 8,996% over 11 months (335 days). The second bull run in 2016 ended in December 2017 when the price reached approximately $20,000, marking a 2,089% increase over 17 months (518 days). Edwards acknowledged that some might argue that profits diminish with each cycle. However, he made a counterpoint that 2020’s performance was pinned down due to main factors. First, Edwards attributed the lackluster performance of the 2020 bull market to China’s decision to ban Bitcoin mining, which led to a 50% reduction in hash rate and had a stifling effect on Bitcoin. Related Reading: Why Is Bitcoin Price Not Going Up Despite The ETFs? Expert Explains Second, he highlighted the aggressive tightening measures taken by the Federal Reserve, which negatively impacted Bitcoin’s performance during that period, stating, “2020 was the worst Bitcoin bull market in history. I believe overall performance was pinned down due to the -50% destruction of mining network by China and the most aggressive Fed tightening cycle in history.” However, Edwards expressed optimism about the future, pointing to a contrasting economic landscape in 2024. He stated, “In fact, 2024 marks the polar opposite to 2021. QE has resumed and the Fed has started easing, with Fed chair Powell expecting 3 cuts this year. A weaker dollar = a stronger Bitcoin.” He also compared the upcoming launch of Bitcoin ETFs in January to a “second halving,” highlighting the potential market impact, saying, “Further, I consider the January Bitcoin ETF launches as powerful as a ‘second halving’.” Related Reading: Bitcoin Holders Moving Big: Number Of Whale Wallets Reaches Highest Count In 15 Months Drawing parallels to the gold market, Edwards emphasized that Bitcoin’s current market cap of around $800 billion is significantly smaller than gold’s market cap when the GLD ETF launched in 2004. He noted that gold experienced a parabolic rise of over 300% in just seven years following the launch of the ETF, stating, “With a market cap of around $3.3T, Gold commenced a parabolic rise of over 300% to $13T in under 7 years. Bitcoin’s market cap today is just over $800B. Smaller assets are generally capable of experiencing larger upside returns.” Furthermore, Edwards underscored the rapid growth of Bitcoin, asserting that it is currently outpacing the adoption rate of the Internet, saying, “Bitcoin is currently growing faster than the Internet.” The hedge fund manager concluded by summarizing his prediction, stating: A 500% return over the 18 months following the halving would not be unusual for Bitcoin historically. An additional 300% return over the next 2-5 years from the ETFs alone would be a conservative assumption. When you drill it down to the two most important factors for Bitcoin this cycle, and add them together, it’s easy to arrive at a conservative Bitcoin price of $300K in the next couple of years. At press time, BTC traded at $43,134. Featured image from YouTube \/ Blockworks, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":573373,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,679,6848,1122,1144,89124,60667],"class_list":["post-573371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-price","tag-bitcoin-price-prediction","tag-btc-price","tag-btcusd","tag-capriole-investments","tag-charles-edwards"],"acf":[],"yoast_head":"\nBitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund<\/title>\n<meta name=\"description\" content=\"Charles Edwards shared outlines a compelling case for Bitcoin's potential to reach $280,000 in the coming year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund\" \/>\n<meta property=\"og:description\" content=\"Charles Edwards shared outlines a compelling case for Bitcoin's potential to reach $280,000 in the coming year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-05T16:00:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:30:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892\" \/>\n\t<meta property=\"og:image:width\" content=\"1270\" \/>\n\t<meta property=\"og:image:height\" content=\"892\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jake Simmons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/realJakeSimmons\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Simmons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/\"},\"author\":{\"name\":\"Jake Simmons\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\"},\"headline\":\"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund Manager\",\"datePublished\":\"2024-02-05T16:00:26+00:00\",\"dateModified\":\"2024-06-11T08:30:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/\"},\"wordCount\":643,\"publisher\":{\"@id\":\"https:\/\/www.ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892\",\"keywords\":[\"bitcoin\",\"bitcoin price\",\"bitcoin price prediction\",\"btc price\",\"btcusd\",\"Capriole Investments\",\"Charles Edwards\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/\",\"url\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/\",\"name\":\"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund\",\"isPartOf\":{\"@id\":\"https:\/\/www.ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892\",\"datePublished\":\"2024-02-05T16:00:26+00:00\",\"dateModified\":\"2024-06-11T08:30:26+00:00\",\"description\":\"Charles Edwards shared outlines a compelling case for Bitcoin's potential to reach $280,000 in the coming year.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#primaryimage\",\"url\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892\",\"contentUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892\",\"width\":1270,\"height\":892,\"caption\":\"Bitcoin Price Prediction Charles Edwards\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund Manager\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ktsl888.com\/#website\",\"url\":\"https:\/\/www.ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\",\"name\":\"Jake Simmons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"caption\":\"Jake Simmons\"},\"description\":\"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with ktsl888.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons\"],\"url\":\"https:\/\/www.ktsl888.com\/author\/marcusmisiak\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund","description":"Charles Edwards shared outlines a compelling case for Bitcoin's potential to reach $280,000 in the coming year.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund","og_description":"Charles Edwards shared outlines a compelling case for Bitcoin's potential to reach $280,000 in the coming year.","og_url":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-02-05T16:00:26+00:00","article_modified_time":"2024-06-11T08:30:26+00:00","og_image":[{"width":1270,"height":892,"url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892","type":"image\/png"}],"author":"Jake Simmons","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/realJakeSimmons","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Jake Simmons","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#article","isPartOf":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/"},"author":{"name":"Jake Simmons","@id":"https:\/\/www.ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028"},"headline":"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund Manager","datePublished":"2024-02-05T16:00:26+00:00","dateModified":"2024-06-11T08:30:26+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/"},"wordCount":643,"publisher":{"@id":"https:\/\/www.ktsl888.com\/#organization"},"image":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892","keywords":["bitcoin","bitcoin price","bitcoin price prediction","btc price","btcusd","Capriole Investments","Charles Edwards"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/","url":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/","name":"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund","isPartOf":{"@id":"https:\/\/www.ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#primaryimage"},"image":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892","datePublished":"2024-02-05T16:00:26+00:00","dateModified":"2024-06-11T08:30:26+00:00","description":"Charles Edwards shared outlines a compelling case for Bitcoin's potential to reach $280,000 in the coming year.","breadcrumb":{"@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#primaryimage","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892","contentUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892","width":1270,"height":892,"caption":"Bitcoin Price Prediction Charles Edwards"},{"@type":"BreadcrumbList","@id":"https:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund Manager"}]},{"@type":"WebSite","@id":"https:\/\/www.ktsl888.com\/#website","url":"https:\/\/www.ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/www.ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.ktsl888.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028","name":"Jake Simmons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","caption":"Jake Simmons"},"description":"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with ktsl888.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/www.ktsl888.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund Manager","url":"http:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.ktsl888.com\/news\/bitcoin-price-280000-next-year-hedge-fund\/"},"thumbnailUrl":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin price","bitcoin price prediction","btc price","btcusd","capriole investments","charles edwards"],"dateCreated":"2024-02-05T16:00:26Z","datePublished":"2024-02-05T16:00:26Z","dateModified":"2024-06-11T08:30:26Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Price Will Skyrocket To $280,000 Next Year: Hedge Fund Manager\",\"url\":\"http:\\\/\\\/www.ktsl888.com\\\/news\\\/bitcoin-price-280000-next-year-hedge-fund\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.ktsl888.com\\\/news\\\/bitcoin-price-280000-next-year-hedge-fund\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Screenshot-2024-02-05-114024.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/Screenshot-2024-02-05-114024.png?fit=1270%2C892\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin price\",\"bitcoin price prediction\",\"btc price\",\"btcusd\",\"capriole investments\",\"charles edwards\"],\"dateCreated\":\"2024-02-05T16:00:26Z\",\"datePublished\":\"2024-02-05T16:00:26Z\",\"dateModified\":\"2024-06-11T08:30:26Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.ktsl888.com\/wp-content\/uploads\/2024\/02\/Screenshot-2024-02-05-114024.png?fit=1270%2C892","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts\/573371"}],"collection":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/users\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/comments?post=573371"}],"version-history":[{"count":0,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/posts\/573371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/media\/573373"}],"wp:attachment":[{"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/media?parent=573371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/categories?post=573371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ktsl888.com\/wp-json\/wp\/v2\/tags?post=573371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}