_Checkmate 🟠🔑⚡☢️🛢️

_Checkmate 🟠🔑⚡☢️🛢️

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Helping navigate #Bitcoin's volatility Newsletter https://t.co/omfQHUqMjb Onchain Analyst @_checkonchain Charting Suite https://t.co/5DH6Z9lWT1

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_Checkmate 🟠🔑⚡☢️🛢️

The correct reply to folks claiming Bitcoin isn't decentralised, is to ask them to detail another system is more decentralised. They will find the list so very short, it really shouldn't take all that long to write it.

Bitcoin as a decentralized system: - ~88K bitcoin nodes around the world. Of which ~24K are 'reachable'. - ~3M ASIC mining machines around the world - ~100M-300M people globally have bitcoin - ~17K lightning nodes

_Checkmate 🟠🔑⚡☢️🛢️

Bitcoin has become one of the most hated assets over the last 12-months. If you're concocting your bear thesis today, you're doing it wrong.

There has never been a more bullish setup for bitcoin. A market can only rise sharply when most expect it to be dead. Few understand this.

_Checkmate 🟠🔑⚡☢️🛢️

This is the right energy. Bitcoin is going to come roaring back, purely because Bitcoiners are so unbelievably high conviction (and stubborn), that we will driven prices higher purely to mine the salt of the critics. Which creates more critics. Endless cycle.

Whether it ends up a good inv or not, I can't not appreciate bitcoin's special ability to irk all the right people. The amount it pisses someone off is equal to the amount of high priest-ish-ness they carry themselves with. ETFs had a similar effect esp early on, and the FT

_Checkmate 🟠🔑⚡☢️🛢️

Net profit and loss broken down by year of coin acquisition. Class of 2025 and 2026 collectively puked out $1.5B/day in losses on the move lower, equivalent to the June 2022 low at $17.6k.

_Checkmate 🟠🔑⚡☢️🛢️

Welcome aboard mate. Onchain data is perfectly valid. Like all tools, the skill of the operator is what makes the difference between great and not-so-great construction. Never trust an analyst who blames their tools, rather than their hands.

_Checkmate 🟠🔑⚡☢️🛢️

A timely catch up w @_Checkmatey_ giving us all the insights and onchain analysis. A lot of great information if you want a deeper understanding of what’s happening in the market… Thanks again Checkmatey 🫡 twitter.com/PeterBTCAdviser/st...

_Checkmate 🟠🔑⚡☢️🛢️

If you're looking for some sober analysis of the bitcoin market right now there's no one more high signal than @_Checkmatey_ when it comes to analyzing different price levels and where we could be headed from here.

TFTC 713 w/ @Checkmatey: "We're in the bottom 20% based on every mean reversion model you can imagine. Unless your decision tree is that Bitcoin is dead, this bear market has an end." We discuss: ⚡ Bear Market Analysis ⚡ On-Chain Data ⚡ Mean Reversion Models

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