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Allegations that Wall Street is deliberately suppressing Bitcoin’s price are nothing new—but according to James “Checkmate” Check, they’re nothing more than fiction. In a wide-ranging appearance on the G’day Bitcoin podcast, the Check on Chain analyst directly addressed the conspiracy theories circulating across X, asserting that the appearance of price stagnation is entirely natural—and misunderstood.
Is Bitcoin Being Held Down?
“The number one source of price suppression is people’s boredom,” Check said early in the interview, responding to a wave of online frustration about Bitcoin’s apparent refusal to rally despite consistent institutional demand. In his view, the idea that the price is being “held down” by some external manipulator fails to
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