Bitcoin Price: "This Is EXACTLY What You Want To See" with Checkmate
Vložit
- čas přidán 7. 09. 2024
- In this episode, Nik is joined again by on-chain and bitcoin analyst Checkmate for a markets overview. The pair discuss bitcoin's 28% correction and recovery, ETF inflows, the basis trade across CME, Binance, spot exchanges, and ETFs, as well as the maturation of bitcoin's market structure. Checkmate concludes that bitcoin exhibits textbook demand through established limit orders.
The Bitcoin Layer is a bitcoin and global macroeconomic research firm.
The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of your Bitcoin with a collaborative multisig vault, where you hold two of three keys, and benefit from a Bitcoin security partner. Purchase Bitcoin directly into your cold storage vault and eliminate exchange risks with Unchained's Trading Desk. Unchained also offers the best IRA product in the industry, allowing you to easily roll over old 401(k)s or IRAs into Bitcoin while keeping control of your keys. Don’t pay more taxes than you have to. Talk to us today.
Visit thebitcoinlaye... and use code TBL for $100 off when you create an account.
Subscribe and turn on notifications for TBL on CZcams.
Subscribe to TBL’s research letter: thebitcoinlaye...
Follow TBL on X: / thebitcoinlayer
Subscribe to The Bitcoin Layer on your favorite podcast platform.
Join the official TBL channel on Telegram: t.me/thebitcoi...
Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at TheBitcoinLayer...
Block Height 853776
Contribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.gg
Nik Bhatia's Twitter: / timevalueofbtc
Research Associate Joe Consorti's Twitter: / joeconsorti
Creative Director Matthew Ball's Twitter: / matthewrball
#TheBitcoinLayer #NikBhatia #JoeConsorti #BitcoinCorrection #ETFInflows #CME #Binance #SpotExchanges #ETFs #MarketStructure #LimitOrders #Onchain #UTXO #CheckmateAnalysis #BitcoinRecovery #Bloomberg #Analysis #Charts #Tradingview #InvestmentStrategy #MarketWatch #StockMarket #PassiveInvesting #IndexFunds #FinancialMarkets #MarketWatch #RiverBitcoin #FreeMarket #FreeMarkets #Markets #USTreasury #TreasuryBills #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #macro
The Bitcoin Layer and its guests do not provide investment advice.
Chapters:
00:06:24 - Understanding Market Dynamics and Expectations
00:11:55 - Market Correction and Volume Delta
00:17:52 - Analysis of Market Structure and Behavior
00:24:04 - ETF Behavior in Bull Markets
00:30:24 - Basis Trading and Funding Rates
00:36:31 - Bitcoin Basis Trading
00:43:00 - Understanding Capital and Multiple Expansion
00:48:53 - The Importance of Monitoring Less Sophisticated Actors
00:54:55 - Helping Hodlers Make Better Decisions
Thanks guys!
Side note, it’s nice to see a comments section not overrun with bots
$SKL 16% decline this week. Try to use SL to reduce large losses((.
Thank you Nick and Check. Two of the Best of the Best for Bitcoin analysis. To a point made by Check: I do not get traders that go long on local tops of price action. It pains me to see it. These people are just gambling.
Yes but how do YOU know in advance that its a local top? And if you do then why don't *you* short it? Ultimately you don't know if its a local high at the time. And its fine going long with spot (i.e. no leverage) even at what subsequently turns out to be a local high, so long as you have at least a multi month time horizon. And even better if you have multi year horizon.
@@Julian-pj2ziYeah I shouldn't have commented because I tire...I meant leveraged but even so this episode is hosted by two HTF holders and so am I...I'm also speaking in this current obvious consolidation phase watching the heat maps that develop both long and short during this whole thing but I'm personally vexed by STF long leveraged. I watch the liquidation list go back and forth from salmon to yellow and back over an over...there are tens of thousands of securities and commodities to trade; I'm with Saylor's recent comment that ~"trading [specifically] BTC may be a sign of mentally deficiency". OK I really tired now...
Wow, great charts & analysis, probably most need to listen twice to digest this great material!!
Check ✔️ is good shit. 🍺🍺
I'm a bit confused why many on here says BTC price action behaves exactly like in previous cycles they predicts a year-end rally. First of all, we hit new ATH before halving for the first time. We are currently almost at last cycle's ATH which is also not typical in this phase of the cycle. And most importantly, why do they forget to mention that in all previous cycles, the big year-end rally they are talking about happened in the post-halving year, and we are currently in the halving year? So if we get an parabolic rally in December and go to six figures then that would NOT be similar to previous cycles at all....for me tho r.....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Sandy Barclays program is widely available online..
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
It doesn't matter if you are a current hodler or a newbie, you can capitalize on the fluctuation of bitcoin by trading with good strategy/signals..
Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.
This is valuable information thank you ! Helping me become better investor
Great Charts!!!
Good analysis, thanks Nic and James
Check as a regular guest please!
Great episode!
Thanks Nick
The only people complaining that #Bitcoin is not performing are the ones who bought at $60K or more.
If you measure Bitcoin's performance over the last 4 years, which is the minimum timeframe to look at, it's up ~630%.
Always zoom out.
Thx
Taking money off the table is a misnomer since Bitcoin is money...the problem with this "profit Making" is the it is fiat. My profit is the sats that I bought at 16k are are still sats that are valued at a higher price.
Checks the fucking man!
Wow,,,,
Without disrespect, your chops indicator is so far out of any useful analysis or trading.
I'm curious if anyone here actually make buy/sell decisions with these charts and analyses? I paused on each one but I don't really see any reliable buy/sell signals. Like for example when the MVRV flipped bearish last cycle, most of the down move has already happened.
Why does anyone use OTC? Exchanges exist so buyers and sellers get the best deal possible. Someone is getting ripped off with OTC. And "To not move the market while I make my move" is not a resson. If I want a set I need to do is set a limit order.
Your size is not size
With copytrading, you could be sipping coffee balcony overlooking a bustling city skyline or lounging on a pristine beach, all while your investments work for you. Picture the freedom to pursue your passions, travel the world, and create lasting memories with your loved ones, all because you took the initiative to harness the power of copytrading and build the life you've always dreamed of
I'm celebrating a $30k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me...
Do you invest with a professional broker? I'd appreciate it if you show me how to go about it.
All I do is simple I just activate my account to copy trades from Rutherford and that's all
Who do you copy from and how can I reach him to copy too??
She’s mostly on telegrams using this user name
Back to 63
I'm too dumb for this stuff. I guess there's a lot more to it than NGU.
Why does everyone think these highly financialized clown markets with imaginary assets and fiat games at centralized exchanges are OK like its normal market behavior? If enough people stop playing the game the game ends but I won't hold my breath. Wake the eff up people, arise you have nothing to lose but your chains!