In this episode, I’m joined by James Check — co-founder and on-chain analyst at Check On Chain — to break down Bitcoin’s current “Chop Solidation” phase and what it means for the next big move. We cover: • Why Bitcoin’s four-year cycle may be losing its predictive power • How ETFs and treasury companies are reshaping market structure • The bull vs. bear case for Bitcoin going into 2025 • Why sell-side pressure isn’t crashing the market • How to build a probabilistic game plan for any market condition James shares deep insights into on-chain data, investor sentiment, and trading strategy — offering one of the clearest frameworks for understanding Bitcoin’s evolving market structure. Follow James on X → https://x.com/_Checkmatey_ Follow Joe on X → https://x.com/JoeConsorti Stack Bitcoin using your home equity → https://joinhorizon.com See your home's Bitcoin potential → https://joinhorizon.com/calculator Schedule a 1-on-1 consultation → https://calendly.com/d/cryw-39y-2j4/horizon-consultation 00:00 Introduction and Current State of Bitcoin 01:58 Chop Solidation: Understanding Market Trends 05:40 The Four-Year Cycle: A Dying Narrative? 09:29 Market Dynamics: Demand vs. Supply 13:24 Sell-Side Pressure: Analyzing Market Sentiment 19:17 Bull and Bear Cases: Navigating Uncertainty 24:46 Understanding Bitcoin's Price Levels 27:04 Gold's Influence on Bitcoin 29:15 Market Sentiment and Historical Trends 31:27 Leverage Wipeouts and Market Structure 35:06 The Future of Bitcoin Treasury Companies 42:20 Navigating Uncertainty in Bitcoin Trading Disclaimer: Horizon is a technology company that helps users buy and custody their Bitcoin and does not directly provide financial or investment services. Horizon connects homeowners with licensed home equity investment providers but does not act as an agent or broker for the homeowner or any third party. Homeowners should consult their financial, tax, or legal advisor before making any investment decision. For additional information, please refer to our FAQ, terms and conditions, and our preferred providers' websites.

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