Bitcoin’s Bull Market Is Back | Checkmate

Bitcoin’s Bull Market Is Back | Checkmate

From What Bitcoin Did by Danny Knowles

May 19, 2026 · 1h 27m

About this episode

Checkmate returns to discuss the potential return of Bitcoin's bull market and the implications of changing monetary systems.

“We’re in an era where the monetary system is changing. The world is going to look very different on the other side of this thing.” Checkmate is back on the show to explain why Bitcoin may already be back in a bull market and why the bigger story is not just the price, but the system beginning to crack. We get into his case that the bottom is likely in, why the $60k flush looked like a real capitulation event, and the levels that matter now. Checkmate breaks down the on-chain data behind his 80% bull-market thesis, why bears may be running out of road, and what happens when sentiment flips from selling rips to buying dips. We also get into rising bond yields, broken fiscal systems, the end of trust in government debt, Bitcoin vs gold, ETF flows, Strategy/MSTR risk, Coinbase custody risk, and why the world is moving towards assets that sit outside the system. We then get into Australia’s proposed capital gains tax changes, why Checkmate sees them as a direct attack on savers, builders and young people, and why tax policy may become one of the next major battlegrounds for Bitcoiners. THANKS TO OUR SPONSORS: ANCHORWATCH BLOCKWARE LEDN BITKEY SWAN CAPE FOLLOW: Danny Knowles…

People in this episode

Host: Danny Knowles

Guest: Checkmate

Topics covered

  • Bitcoin bull market
  • monetary system changes
  • on-chain data analysis
  • capital gains tax
  • fiscal systems
  • government debt
  • investment strategies

Keywords

  • Bitcoin
  • bull market
  • on-chain data
  • capital gains tax
  • fiscal policy
  • government debt
  • investment strategies
  • Checkmate

Sponsors

Anchorwatch, Blockware, Ledn, Bitkey, Swan

Mentioned in this episode

Organizations: Coinbase, Bitcoin

More episodes of What Bitcoin Did

Explore listener stats, chart rankings, contacts and more on the What Bitcoin Did podcast page.