In the latest episode of The Bitcoin Layer, host Nik Bhatia invited on-chain analyst James Check—better known as “Checkmate”—to dissect the forces that have carried bitcoin past six figures and to explain why he believes the market still points toward a move to roughly $150,000. From the outset, Check framed his analysis in sweeping macroeconomic terms. Since the 2008 financial crisis, he said, dollar strength has been “a big up-trend” that rewarded foreign investors who benchmark in other currencies, buy dollars, and place those dollars into US equities. But that era, he argued, is giving way to a “sound-money dominance regime”: “My favorite chart is the S&P 500 priced in gold
source: https://www.newsbtc.com/bitcoin-news/bitcoin-rally-far-from-over-top-expert-150000/