The Checkonchain team is proud to launch the 2nd edition of The Bitcoin Checkpoint report, in partnership with our friends at @unchained.
In this 30+ page report, @_Checkmatey_ provides a data-driven breakdown of Bitcoin’s 2025–26 bear market, using a wide range of data-sets across spot, onchain, ETF, and derivatives markets.
Get the full report here👉 https://t.co/PDKhop6D2I.
In the report, we assess:
- How the 2025 bull market topped, and the role of spot sell-side pressure.
- The mechanics of the drawdown, and what drove the move to $60k.
- The two major capitulation events that have shaped this bear.
- How over 2.0M BTC has rotated into a new cost basis range.
- Why models like the True Market Mean are increasingly relevant.
- Our base case thesis for where we believe this bear market bottoms out.
Check out the full report 👉 https://t.co/PDKhop6D2I.
@ClayTravis@wesruckerTBA Great journalist and a brother to every Govols247 subscriber of the last 13 years. You will be missed, Wes. Prayers for his wife and children. Sadly, his salutation to every game thread just doesn’t seem appropriate tonight, but his followers will know. Hope he found it.