CHOPSOLIDATION: What Comes NEXT for BITCOIN? | Checkmate

"Everyone is now paying attention to [Bitcoin] because it is the index for where the world is going."

On this Bitcoin Talk episode of THE Bitcoin Podcast, Walker talks with James Check (AKA Checkmate). We discuss market sentiment and where we’re at in the current cycle, chopsolidation and where bitcoin moves next, onchain analysis and what it shows us, Hodling strategies vs trading, tips for new investors, market cycles and human psychology, global liquidity and bitcoin’s role, microstrategy, why altcoins are complete garbage, impact of bitcoin halvings, the bitlife crisis and a whole lot more.

CHECKMATE’S LINKS:
Nostr: https://primal.net/p/npub1qh5sal68c8swet6ut0w5evjmj6vnw29x3k967h7atn45unzjyeyq6ceh9r
X: https://x.com/_Checkmatey_
Web: https://www.checkonchain.com
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THE Bitcoin Podcast Partners:
- Download Primal and start zapping Bitcoin on Nostr: https://primal.net/downloads
- http://bitbox.swiss/walker -- use promo code WALKER for 5% off the Bitcoin-only Bitbox02 hardware wallet.
- BUY BITCOIN WITH RIVER: http://partner.river.com/walker
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WALKER’S LINKS:
NOSTR WALKER: https://primal.net/walker
NOSTR PODCAST: https://primal.net/titcoin
X/TWITTER:
https://twitter.com/walkeramerica
https://twitter.com/titcoinpodcast
Website: https://bitcoinpodcast.net/
Support THE Bitcoin Podcast on HIGHLIGHTER: https://highlighter.com/[email protected]
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Takeaways

It takes about 700-800 days to recover from a bear market.
Human confidence plays a crucial role in investment decisions.
Investors often buy at the top after feeling confident again.
Bitcoin is designed to appreciate over time, but it goes through cycles.
Macro factors like halving and election years affect Bitcoin's price.
Bitcoin is increasingly viewed as a macro asset.
Global events influence Bitcoin's price and investor sentiment.
Bitcoin serves as a liquidity index for the market.
The perception of Bitcoin is changing among traditional finance professionals.
Bitcoin's price chart is often referenced during global economic events.
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Chapters

00:00 Introduction and Background of James Check
04:36 MicroStrategy and Bitcoin Accumulation
07:34 Understanding the Bitlife Crisis
10:27 Chop Solidation Explained
13:38 Market Sentiment and Historical Comparisons
16:28 On-Chain Data Insights
19:33 Hodling Strategies and Market Dynamics
25:14 Future Market Predictions and Uncertainties
30:46 Market Predictions and Emotional Planning
32:19 The Impact of Bitcoin Halvings
34:58 Market Cycles and Human Behavior
39:15 Global Liquidity and Bitcoin's Role
45:16 Political Dynamics and Market Volatility
48:55 Bitcoin as a Strategic Reserve
54:11 Altcoin Market Dynamics and Bitcoin Dominance
01:01:25 The Illusion of Altcoins
01:04:29 Understanding Exchange Balances
01:07:39 The Law of Large Numbers in Bitcoin
01:10:20 Chop Solidation and Market Trends
01:14:12 Navigating Bitcoin for New Investors
01:24:27 Final Thoughts on Bitcoin Investment