---
title: "Charles Edwards: it is likely that $BTC will 10X within the next 5 years | ICOLINK"
description: "Asset Manager Charles Edwards, using a rare indicator called Bitcoin Energy Value, predicted a rise in the price of Bitcoin to $ 100,000 over five years.The indicator monitors the price of Bitcoin using two metrics to determine the value - the hash of the network and the effectiveness of mining eq"
url: "https://icolink.com/ico-news/charles-edwards-btc-will-10x-next-5-years.html"
markdown_url: "https://icolink.com/ico-news/charles-edwards-btc-will-10x-next-5-years.html.md"
date: "2026-06-29T23:17:18+00:00"
language: "en-GB"
---

# Charles Edwards: it is likely that $BTC will 10X within the next 5 years

> Asset Manager Charles Edwards, using a rare indicator called Bitcoin Energy Value, predicted a rise in the price of Bitcoin to $ 100,000 over five years.The indicator monitors the price of Bitcoin using two metrics to determine the value - the hash of the network and the effectiveness of mining eq

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Wednesday, 19 February 2020

Asset Manager Charles Edwards, using a rare indicator called Bitcoin Energy Value, predicted a rise in the price of Bitcoin to $ 100,000 over five years.

The indicator monitors the price of Bitcoin using two metrics to determine the "value" - the hash of the network and the effectiveness of mining equipment.

> **"Based on a conservative estimate of Bitcoin's Energy Value, it is likely that $BTC will 𝟭𝟬𝗫 within the next 5 years. A thread forecasting Bitcoin's long-term price using Energy Value,"**
>
> Edwards wrote on [**Twitter.**](https://twitter.com/caprioleio/status/1229139237833932800)

The asset manager noted that over the past 5 years, the hashrate of the first cryptocurrency has grown exponentially, but if at the moment this indicator is growing at about 135% per year, then by 2025 it will drop to 20% per year. The situation is similar with the efficiency of equipment for Bitcoin mining: it also grew steadily, but the average annual growth of this indicator decreased from 400% to 50% last year.

> **"Assuming this relationship holds, but allowing for some market saturation, we can estimate that the HR growth rate drops from ~135% p.a. today to ~20% p.a. in 2025,"**
>
> Edwards concluded.​

The asset manager also suggested that in the long term, the BTC could reach $ 200,000.

The other day, Bank of England economist Peter Zimmerman said that the constant increase in the value of Bitcoin is gradually turning it into a means of accumulation.

[SOURCE](https://bitcoinist.com/bitcoin-energy-value-targets-100k-btc-within-5-years/)

> My [#Bitcoin](https://twitter.com/hashtag/Bitcoin?src=hash&ref_src=twsrc%5Etfw) Forecast
>
> 🚀Bitcoin $100K within 5 years
>
> Based on a conservative estimate of Bitcoin’s Energy Value, it is likely that [$BTC](https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw) will 𝟭𝟬𝗫 within the next 5 years.
>
> A thread forecasting Bitcoin’s long-term price using Energy Value.
>
> 1/n [pic.twitter.com/oNJfLDoOaq](https://t.co/oNJfLDoOaq)
>
> — Charles Edwards (@caprioleio) [February 16, 2020](https://twitter.com/caprioleio/status/1229139237833932800?ref_src=twsrc%5Etfw)

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