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LET ME KNOW IF YOU HAVE QUESTIONS FOR CHECKMATE ABOUT WHY ONCHAIN DATA SAYS BEARS WILL BE REKT

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Discussion

I’ve got IBIT which I bought in April last year but I want to sell it and buy bitcoin itself. I’d obviously like to sell it high and buy btc in the bear market. I’m planning on waiting till Dec/jan to sell the IBIT and maybe buy btc in Feb. Basically I’m asking when the bull mkt tops and when the bear begins.

you’re going to get wrecked. you’re better off waiting for the ETF to have in-kind redemption or selling and buying real bitcoin the next day.

Can’t wait. It needs to be done in the next few months. I know it’s dangerous but I’m just wondering if this can be turned into a positive. ?? Selling at all time high and debuting in the next few days. ?? Assuming past cycles hold, top should be Dec/Jan. it’s got to happen I’m just looking for someway of doing it better.

Stay humble.

Stack sats.

🎯

I’ll butcher this but here goes.

We retraced a few times this year to “fill in the gaps” where Btc had passed through certain price levels too quickly. (At least i think that was his thesis). Looking at the data are those gaps now filled? Has btc shown support where it needed to? And is this true for usd only? Is there support levels vs gold or other units of account that need to be looked at?

Oh and I’ll be listening tomorrow got to rise and shine early tomorrow morning.

how much instiutional BTC is there right now vs a year ago and how much will it be a year from now

Ask him if he is still stacking platinum?

Riding the now, no plans to add to the position.

You never stack enough platinum. Platinum has to go a lot higher from here to bring new miners online. Stack accordingly.

The guy is literally selling gold now

Are there UTXO sizes that match Strategy announcements?

Yes, TimechainIndex has been tracking them

I’d love to get his thoughts on how is grassroots adoption on many third world countries playing a role in this cycle. And how are circular bitcoin economies reducing, slowly but surely, the Bitcoin that’s available for sale.