We Study Billionaires - The Investor’s Podcast Network BTC210: 2024/25 Bitcoin Bull Market Overview w/ James Check (Bitcoin Podcast)
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Nov 27, 2024 
In this discussion, James Check, a prominent Bitcoin analyst known for his on-chain research, explores the upcoming Bitcoin bull market. He sheds light on the declining Bitcoin exchange balances and their market implications. The role of OTC exchanges and the relevance of on-chain analysis are unpacked, along with insights from UTXO data. Check also delves into potential regulatory impacts, investor psychology, and the theories surrounding Bitcoin's future valuation, including the super cycle theory and market volatility predictions.
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Bitcoin's Sideways Price Action
- Bitcoin's sideways price action despite ETF accumulation can be attributed to several factors.
- These include long-term holders selling and institutional buyers strategically accumulating Bitcoin.
Bitcoin Accumulation Sub 20,000
- Strong buyers accumulated Bitcoin sub 20,000, forming a strong base.
- This accumulation is a key factor in the current price surge, as supply has been significantly reduced.
Personal Price Targets for Bitcoin
- Everyone has a personal price target for selling Bitcoin.
- Selling is natural as individuals achieve their financial goals and diversify.