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The Big Picture Ep. #5
Dear Readers,
In today’s video, I talk with Checkonchain about many things:
We start with Check’s on-chain read on where bitcoin sits against the 200-week moving average, then get into whether the market is still headed lower or already building a floor.
We then turn to the Strategy and Sailor question everyone keeps asking, and what the recent selling actually tells us about market behavior.
We move on to the divergences Check is tracking across momentum, profitability, and holder behavior, and what they signal this late in a bear.
We dig into Check’s north-star cost-basis metric, and the shift he has been waiting months to call.
We close on the macro backdrop and where my attention is focused right now, heading into the thin summer months.
Okay, on to today’s 1-hour video and TLDR summary.
If you prefer watching these videos on YouTube, we have attached the YouTube link under the TL;DR Section.














