"A lot of people going ‘oh man this cycle sucks because it's like 2025 and we're at the same price.’ it's like yeah… Chop, guys. CHOPSOLIDATION. when this thing goes, it's proven that we're now a $2 trillion asset. The next move is $3 trillion. And if we go through another 12 months of sideways, the next stop is $4 trillion." - @_Checkɱate 🔑⚡🌋☢️🛢️ w @walker
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The 2017-2021 cycle taught us that these on chain analyzers are just the Bitcoin version of horoscope whisperers. In 2021 Willy Woo was off by a million miles which is likely why he stepped away. James Check will be equally as wrong. Mo one knows what’ll happen, but every cycle you’ll get people who run the podcast circuit selling a product while playing both sides “it could go up or it could go down, here’s the patterns I’m seeing.” It’s pretty ridiculous when you step back and see it. James Check is cool. I like him. But the honest truth is he lost his whole stack in 2020 when the Covid drop liquidated him because he was trading Bitcoin. Instead of realizing, “yah umm I better just DCA from here on out,” he went deeper and created a business selling his insights. It’s a weird form of cognitive dissonance, and I think it’s ultimately negative EV for the Bitcoin community and network.