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Capriole Newsletter – Issue #24

This month we deep dive into the macro and make the case for the Fed Pivot being just around the corner. We explain why...

Charles Edwards

Capriole Newsletter – Issue #23

Fear struck the market again with a blunt Fed speech. The broader Bitcoin fundamental picture remains in a consistent value region and we can...

Charles Edwards

Capriole Newsletter – Issue #22

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

Charles Edwards

Capriole Newsletter – Issue #21

Today, we now find ourselves in a special juncture in the crypto cycle. Bitcoin has hit a down draw of -75% since November. More...

Charles Edwards

Capriole Newsletter – Issue #20

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

Charles Edwards

Capriole Newsletter – Issue #19

Traditional markets have been taking a beating. Our February Newsletter and analysis of the impact of war on markets suggest that when considering war...

Charles Edwards

Capriole Newsletter – Issue #18

The first quarter of 2022 is coming to a close. War in Europe and generational high inflation are our new reality. Markets have witnessed...

Ryan McCoy

Capriole Newsletter – Issue #17

For the past few months, Bitcoin has been driven by macro events like rate hikes and quantitative tightening. This month a new macro event...

Yassine Zrigui

Capriole Newsletter – Issue #16

Last month was mostly dominated by macro news much like December, namely the expected rate hikes throughout the year and possible quantitative tightening. Bitcoin...

Mick Herfkens

Capriole’s 2022 Market Outlook

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

Charles Edwards

Capriole Newsletter – Issue #15

If you have been around the cryptospace long enough, you have probably noticed how decidedly un-Bitcoin Bitcoin has been this year. ...

Ryan McCoy

Capriole Newsletter – Issue #14

Bitcoin started the month of November strong with a new all time high hitting $69K. But the party did not last long. Within a...

Mick Herfkens

Capriole Newsletter – Issue #13

Bitcoin is up over 30% to date in October, reaching as high as +53% last week. We printed new all time highs last week,...

Charles Edwards

Capriole Newsletter – Issue #12

Last issue, at $47K we noted some concerning metrics, but noted the data remained bullishly skewed into the end of August. Price continued to...

Charles Edwards

Capriole Newsletter – Issue #11

Last issue we noted the improving fundamentals for Bitcoin following the China exodus and subsequent regulatory attack on Bitcoin.  We finished the...

Charles Edwards

Capriole Newsletter – Issue #10

Last issue we reviewed the China’s crypto exodus and argued why we believed the Bitcoin hash rate (then at 102 TH/s) was within 10%...

Charles Edwards

Capriole Newsletter – Issue #9

These are unprecedented times. The Bitcoin network has just experienced the biggest attack in its history. 50% of Bitcoin's security has been wiped out...

Charles Edwards

Capriole Newsletter – Issue #8

Bitcoin is trading at more than 40% below the all-time high for the first time since October last year. Time for a quick overview...

Jan Uytenhout

Capriole Newsletter – Issue #7

Every month we write a short update on the market. We try to time this around pivotal moments for Bitcoin. It can be hard...

Charles Edwards

Capriole Newsletter – Issue #6

Every month we write a short update on the market. Last issue, when Bitcoin was $48K we noted: “Downside looks limited. A flushout of...

Jan Uytenhout

Capriole Newsletter – Issue #5

Every month we write a short update on the market. We try to time this around pivotal moments for Bitcoin. We are writing this...

Charles Edwards

Capriole Newsletter – Issue #4

Every month we write a short update on the market. We try to time this around pivotal moments for Bitcoin. We wrote the last...

Jan Uytenhout

Capriole Newsletter – Issue #3

Every month we write a short update on the market. We try to time this around pivotal moments for Bitcoin. Our last issue evolved...

Charles Edwards

Capriole Newsletter – Issue #2

We try to release our newsletters when we see key opportunities. Today that was the clear price break above $14K. Unfortunately we are slow...

Jan Uytenhout

Capriole Newsletter – Issue #1

This newsletter provides our airplane view of the Bitcoin market. It summarises our medium- to long-term expectations for the market. It is not intended...

Charles Edwards

Quantitative Asset
Management

Capriole manages Bitcoin investments 24/7 using autonomous long/short strategies. We have just one objective: outperform Bitcoin, the best performing asset of a generation.