Bitcoin Market Update
BTC has bounced off the STH cost basis, while Gold breaks out to new highs. Price still resembles a bull market dip, and we're approaching a decision point.
G’day Folks,
It’s been a huge week here at Checkonchain HQ - my partner and I welcomed a little boy into the world on Monday morning. Mum and bub are both doing really well, and I’m grateful for your patience as we settle into this new chapter.
For today’s update, rather than a full written report, we’ve recorded a slightly extended video update to get us back into the flow.
In this session we cover:
Gold’s breakout and what it might be signalling for the months ahead
Bitcoin’s key support levels and decision points
How supply, demand, and ETF flows are shaping the market
What derivatives and volatility are telling us right now
It’s very much a “re-calibration” look at the market after a short step away from the charts, and a reminder that sometimes, fresh eyes spot new dynamics.
Premium Members will find the TL:DR summary and video update below. Consider upgrading to premium today to unlock the rest of the content!