Less Noise, More Signal Jamie Coutts: Global liquidity has been slower than expected - Is it changing now?
Oct 13, 2025
Jamie Coutts, a leading crypto analyst and former head of research at Bloomberg Intelligence, shares insights on Bitcoin’s current market dynamics. He discusses the impact of treasury companies and ETFs on Bitcoin prices and analyzes factors like global liquidity and economic growth. Coutts highlights the differences in this cycle compared to previous ones and stresses the significance of network growth. He also emphasizes risks in profit-taking and offers a preview of his upcoming research aimed at refining crypto investment strategies.
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Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
Intro
00:00 • 3min
Heavy Now, Strong Later Thesis Overview
02:35 • 2min
Bitcoin Pullback Expectations and Liquidity Effects
04:56 • 1min
Ad break
06:11 • 3min
Is Bitcoin Stuck or Rotating Into Alts?
09:23 • 3min
Rate of Change, Profit-Taking, and Parabolic Risk
12:40 • 4min
Ad break
16:22 • 3min
Comparing Realized Profit Intensity Across Cycles
19:16 • 3min
Will This Cycle See Massive Drawdowns?
22:29 • 2min
Treasury Companies: Risks and Differentiation
24:34 • 3min
MicroStrategy Positioning and When to Revisit
27:45 • 2min
Liquidity vs. Macro: Why We Can't Be Fully Bearish
29:43 • 3min
Altcoin Rotation and Adoption Signals
32:58 • 5min
How to Value Layer-1 Blockchains
38:01 • 3min
Settlement-to-Growth Framework for Adoption
40:35 • 2min
Layer-1 vs Application Value Debate
42:30 • 4min
Upcoming Research: Bitcoin Cycle Risk Framework
46:10 • 2min
Outro
48:25 • 17sec
