Episode
These 5 Charts Explain The Bitcoin Market Right Now
- Podcast
- The Pomp Letter
- Published
- Nov 18, 2025
- Duration seconds
- 141
- Processing state
not_requested- Canonical source
- https://pomp.substack.com/p/these-5-charts-explain-the-bitcoin
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Summary
Today’s Letter is brought to you by Arch Public ! Unlock unparalleled returns with Arch Public’s algorithmic trading tools. Our Bitcoin Algorithm Arbitrage Strategy has delivered an astounding 247% annual return over the past three years.The entries, and exits speak for themselves; precision that drives success. Trusted by more than 15,000 customers and industry leaders, we’ve partnered with Gemini, Kraken, Coinbase and Robinhood to bring you cutting-edge solutions.Whether you’re a seasoned investor or just starting, our proven strategies maximize your potential. Join the ranks of those who trust Arch Public to navigate the markets with confidence.Talk to us today and discover why our expertise sets us apart. To investors, Bitcoin has crashed approximately 30% from the all-time high of $126,000 on October 6th. The digital currency is now negative on the year and up less than 1% over the last 12 months. As you would expect, bitcoin holders are very disappointed in the asset’s performance. Sentiment online is about as negative as I can remember it ever being. But ancedotes on the internet can be misleading. Reddit or X can be echo chambers. So what exactly is the data telling us? Here are five charts that explain what is happening. First, Zerohedge shows that “the last time bitcoin was here, global liquidity was $7 trillion lower.” That data point is a big narrative violation. Everyone, including me, expected bitcoin to close the gap between bitcoin’s price and global liquidity. Since that hasn’t happened, many people are wondering if the market has fundamentally changed now that Wall Street has started adopting the asset. Regardless of the reason, no one can dispute that bitcoin has corrected 30% in the last month and a half. James van Straten explains this is the “thir…