Bitcoin Marketcap

$1.69T

Gold Marketcap

$29.59T

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

$89,283  ๐Ÿ“‰

 

-2.17%


S&P 500

6,784  ๐Ÿ“‰

-142.66

-2.06%


Gold

$4,868  ๐Ÿ“ˆ

+$140.05

+2.96%


Silver

$94.85  ๐Ÿ“‰

-$0.41

-0.43%


Euro

$1.1708  ๐Ÿ“‰

-$0

-0.2%


Yen

ยฅ158.07  ๐Ÿ“ˆ

+ยฅ0.25

+0.16%


Renminbi (CNY)

ยฅ6.9612   

-ยฅ0.01

-0.11%


Oil (WTI)

$60.12  ๐Ÿ“ˆ

+$0.65

+1.09%


BITCOIN STATS

Bitcoin Marketcap

$1.69T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$30.26B


Active Addresses

1.02M


Mining Reward Value (24hr)

$81.5M


GBTC Premium

200.86%


MSTR Premium

-80.49%


BTC Down From ATH

29.42%


BTC Up From Cycle Low

10.32%


RATES & YIELDS

24hr change

UST 3mo

3.67%  ๐Ÿ“‰

-0.01

-0.27%


UST 2yr

3.56%  ๐Ÿ“ˆ

+0.05

+1.42%


UST 10yr

4.17%  ๐Ÿ“ˆ

+0.02

+0.48%


UST 30yr

4.79%  ๐Ÿ“ˆ

+0

0%


Fed Funds (EFFR)

3.64%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.33%  ๐Ÿ“ˆ

+0

0%


Real Rate (10yr)

1.84%  ๐Ÿ“ˆ

+0

0%


RATIOS

24hr change

Gold:BTC (marketcap)

17.52x   

+0.86

+5.18%


M2:BTC (marketcap)

13.22x   

+0.29

+2.24%


BTC:Oil (price)

1,486x   

-49.1

-3.2%


Gold:Oil (price)

80.96x   

+1.47

+1.85%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$6.58T  ๐Ÿ“ˆ

+$24.84B

+0.38%


M1 Money Supply

$19.03T  ๐Ÿ“ˆ

+$21.50B

+0.11%


M2 Money Supply

$22.32T  ๐Ÿ“ˆ

+$24.30B

+0.11%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

-15%

+78%

+12%

2 year:

+125%

+140%

+40%

3 year:

+292%

+152%

+70%

4 year:

+150%

+165%

+53%

5 year:

+174%

+163%

+76%

6 year:

+962%

+211%

+104%

7 year:

+2,402%

+279%

+157%

8 year:

+724%

+261%

+139%

9 year:

+9,882%

+301%

+198%

10 year:

+22,429%

+344%

+259%

11 year:

+35,324%

+276%

+230%

12 year:

+11,160%

+285%

+275%

13 year:

+518,145%

+190%

+353%

14 year:

+1.5 million%

+183%

+413%

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

$90,000

282

4.53%

$89,283

287

4.61%

$80,000

366

5.88%

$70,000

393

6.31%

$60,000

615

9.88%

$50,000

780

12.53%

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: +1,596%)

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
- Bitcoinโ€™s secular bull market is supported by strong fundamentals


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