Bitcoin Is Getting Boring, and That's the Bull Case, Says Market Analyst James Check

Bitcoin (BTC) turning into a boring asset is its strongest bull case, according to Checkonchain founder James Check. Its price swings have already shrunk to levels last seen in summer 2023. Wall Street, however, still treats volatility as the main obstacle. JPMorgan now publishes a 10-year Bitcoin return forecast yet withholds any portfolio allocation, keeping institutional demand on the sidelines. Bitcoin’s Quietest Stretch in Years Tells a Bigger Story Check, a former Glassnode analyst, made the case on the Honest Money Show on October 27. He argued that Bitcoin has left its speculative youth behind. “…it’s going to be normal, guys. That is the most bullish thing that could possibly happen to Bitcoin.” Glassnode data backs the observation.

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