Bitcoin may have already bottomed — and investors waiting for the traditional four-year cycle could be watching the wrong signal. In this interview, on-chain analyst James Check explains why he believes Bitcoin has already gone through the capitulation needed to form a bear-market bottom, why long-term holders are sending an important signal, and why he thinks dips could increasingly be bought rather than rallies sold. We also challenge the bull case, discuss whether a short squeeze could simply be another bear-market rally, James’ personal Bitcoin DCA strategy, and why he has zero exposure to altcoins. Finally, James explains why he believes Bitcoin’s famous four-year-cycle “compass” is broken — and what investors should watch instead. 00:00 Has Bitcoin Already Bottomed? 01:27 The TWO Capitulations That Changed Everything 04:19 Is This Just Another Bear-Market Rally? 06:13 James Check Pushes Back on the Bear Case 08:51 The On-Chain Signal Bulls Are Watching 10:41 James Check Reveals His Bitcoin Strategy 13:11 The Bitcoin Price Where He’d STOP Buying 14:21 What Would Prove His Bitcoin Thesis Wrong? 15:46 Could Altcoins OUTPERFORM Bitcoin? 16:38 Why James Check Is Done With Altcoins 20:51 How Many Altcoins Does He Own? 20:55 Bitcoin’s Four-Year Cycle Is BROKEN? 21:27 Why the Old Bitcoin “Compass” No Longer Works 24:40 Does Bitcoin Still Have Cycles? 26:22 Final Thoughts #Bitcoin #BTC #Crypto #BitcoinPrice #CryptoMarket #Investing #OnChain Follow COINTELEGRAPH: Website: https://cointelegraph.com/ Telegram: https://t.me/cointelegraph Facebook: https://www.facebook.com/cointelegraph Twitter: https://twitter.com/cointelegraph Mobile app: https://linktr.ee/cointelegraph_mobile Cointelegraph covers everything Bitcoin, bringing you the latest news, prices, breakthroughs, and analysis, with emphasis on expert opinion and commentary from the digital currency community.