Bitcoin Marketcap

$1.84T

Gold Marketcap

$15.95T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

logo CASEBITCOIN making the case for bitcoin every day

KEY MARKETS

24hr change

Bitcoin

$97,474  πŸ“ˆ

+$3,383

+3.60%


S&P 500

5,911  πŸ“ˆ

+40.46

+0.69%


Gold

$2,623  πŸ“ˆ

+$20.02

+0.77%


Silver

$29.52  πŸ“ˆ

+$0.61

+2.10%


Euro

$1.0430  πŸ“ˆ

+$0.00

+0.35%


Yen

Β₯156.42  πŸ“‰

-Β₯0.29

-0.19%


Renminbi (CNY)

Β₯7.2964   

-Β₯0

-0.04%


Oil (WTI)

$69.57  πŸ“ˆ

+$0.94

+1.37%


BITCOIN STATS

Bitcoin Marketcap

$1.84T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$44.77B


Active Addresses

1.02M


Mining Reward Value (24hr)

$89.2M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

9.80%


BTC Up From Cycle Low

5.91%


RATES & YIELDS

24hr change

UST 3mo

4.35%  πŸ“‰

-0.01

-0.23%


UST 2yr

4.35%  πŸ“ˆ

+0.10

+2.35%


UST 10yr

4.50%  πŸ“ˆ

+0.10

+2.27%


UST 30yr

4.65%  πŸ“ˆ

+0.06

+1.31%


Fed Funds (EFFR)

4.33%  πŸ“‰

-0.25

-5.46%


US 10yr Breakeven Inflation

2.29%  πŸ“ˆ

+0

0%


Real Rate (10yr)

2.21%  πŸ“ˆ

+0.13

+6.25%


RATIOS

24hr change

Gold:BTC (marketcap)

8.66x   

-0.24

-2.69%


M2:BTC (marketcap)

11.57x   

-0.43

-3.61%


BTC:Oil (price)

1,401x   

+29.66

+2.16%


Gold:Oil (price)

37.71x   

-0.22

-0.59%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.89T  πŸ“‰

 

-0.5%


M1 Money Supply

$18.24T  πŸ“ˆ

+$86.00B

+0.47%


M2 Money Supply

$21.31T  πŸ“ˆ

+$90.00B

+0.42%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+124%

+28%

+25%

2 year:

+481%

+46%

+55%

3 year:

+96%

+45%

+26%

4 year:

+315%

+40%

+60%

5 year:

+1,249%

+77%

+83%

6 year:

+2,362%

+109%

+149%

7 year:

+583%

+106%

+120%

8 year:

+10,707%

+132%

+161%

9 year:

+21,332%

+144%

+187%

10 year:

+29,727%

+123%

+184%

11 year:

+14,732%

+117%

+223%

12 year:

+729,271%

+58%

+315%

13 year:

+2.4 million%

+63%

+367%

14 year:

+38 million%

+90%

+371%

https://casebitcoin.com

Data Source: Messari.io, bitcoincharts.com

What is it: This shows bitcoin's ROI vs other potential inflation hedge assets.

Why it matters: As with the historical bitcoin price table, we see bitcoin's extreme outperformance vs other assets here as well. Bitcoin's relatively small size, plus fundamental properties, yield extreme outperformance when even relatively small funds-flows find their way to BTC.

BTC DAYS ABOVE PRICE

Bitcoin Price Closing History by Level

Days Bitcoin Closed Above:

Price

Days Above

% of Bitcoin's Life

$100,000

9

0.15%

$97,473

19

0.33%

$90,000

36

0.62%

$80,000

41

0.70%

$50,000

450

7.72%

Data Sources: Messari.io, bitcoincharts.com

What is it: This the number of days in which bitcoin "closed" (trading level at midnight UTC) above various price levels.

Why it matters: This can give a sense of where bitcoin is currently trading relative to past cycles.

SHARPE 5yr

DOUBLING TIME

THE BITCOIN LIBRARY

18 Apr 2019 | Tuur Demeester | Price when published: $5,265 (ROI since: +1,751%)

Bitcoin in Heavy Accumulation

Filed under: topic icon investment  medium icon reports

Topics include:
- Blockchain analysis indicates undervaluation
- Clues from other historical data
- Bitcoin drawdown analysis
- Volatility lows
- Risk analysis
- Accumulation; where it leads
- Fundamental drivers of the bitcoin price

EXCERPT

During this accumulation phase, we expect for Bitcoin to trade in a range
of $3,000 to $6,500, until the new bull market permanently cements the
denarian cryptocurrency as a multi-trillion dollar asset class.

Some highlights of this report:
- Blockchain analysis suggests Bitcoin whales are now accumulating
- Significant parallels with the 2014-15 bear market have emerged
- HODLers almost break-even, with est. aggregate losses of $3 billion
- Recent volatility lows suggest retail apathy, market bottoming
- Demand shocks still possible from exchange hacks, miner capitulation
- Bitcoin’s secular bull market is supported by strong fundamentals


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