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Things In Bitcoin Just Feel Less Bad: A Discussion with Checkonchain

An Exclusive Update with Checkonchain. Full video now available directly on Substack as well as the traditional private YouTube link.

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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.


Video’s TL;DR

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