Bitcoin Marketcap

$1.22T

Gold Marketcap

$14.27T

BTC Settlement Volume (24hr)

$12.90B

BTC Inflation Rate (next 1yr)

1.17%

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KEY MARKETS

24hr change

Bitcoin

$64,547  ๐Ÿ“ˆ

+$509.30

+0.80%


S&P 500

5,086  ๐Ÿ“ˆ

+49.27

+0.98%


Gold

$2,347  ๐Ÿ“ˆ

+$21.71

+0.93%


Silver

$27.70  ๐Ÿ“ˆ

+$0.32

+1.18%


Euro

$1.0733  ๐Ÿ“ˆ

+$0.00

+0.09%


Yen

ยฅ156.55  ๐Ÿ“ˆ

+ยฅ0.86

+0.55%


Renminbi (CNY)

ยฅ7.2470   

-ยฅ0

-0%


Oil (WTI)

$83.67  ๐Ÿ“ˆ

+$0.80

+0.97%


BITCOIN STATS

Bitcoin Marketcap

$1.22T


BTC Inflation Rate (next 1yr)

1.17%


% Supply Issued

90.03%


BTC Settlement Volume (24hr)

$12.90B


Real Exchange Volume (24hr)

$25.88B


Active Addresses

1.02M


Mining Reward Value (24hr)

$59.0M


GBTC Premium

263.07%


MSTR Premium

65.30%


BTC Down From ATH

12.53%


BTC Up From Cycle Low

8.15%


RATES & YIELDS

24hr change

UST 3mo

5.46%  ๐Ÿ“ˆ

+0.01

+0.18%


UST 2yr

4.86%  ๐Ÿ“‰

-0.11

-2.21%


UST 10yr

4.61%  ๐Ÿ“‰

-0.01

-0.22%


UST 30yr

4.73%  ๐Ÿ“ˆ

+0.01

+0.21%


Fed Funds (EFFR)

5.33%  ๐Ÿ“ˆ

+0

0%


US 10yr Breakeven Inflation

2.42%  ๐Ÿ“ˆ

+0.01

+0.41%


Real Rate (10yr)

2.20%  ๐Ÿ“‰

-0.01

-0.45%


RATIOS

24hr change

Gold:BTC (marketcap)

11.70x   

+0.02

+0.18%


M2:BTC (marketcap)

17.08x   

-0.13

-0.77%


BTC:Oil (price)

771.15x   

-1.49

-0.19%


Gold:Oil (price)

28.10x   

+0.03

+0.10%


US GOVERNMENT STATS

30-day change

Federal Reserve Balance Sheet

$7.40T  ๐Ÿ“‰

 

-1.1%


M1 Money Supply

$18.00T  ๐Ÿ“ˆ

+$53.40B

+0.30%


M2 Money Supply

$20.84T  ๐Ÿ“ˆ

+$57.60B

+0.28%


BTC ROI

Bitcoin & Traditional Assets ROI (vs USD)

BTC vs Traditional Assets ROI:

 

Bitcoin

Gold

S&P 500

1 year:

+122%

+18%

+22%

2 year:

+63%

+24%

+20%

3 year:

+18%

+32%

+21%

4 year:

+729%

+35%

+76%

5 year:

+1,151%

+82%

+73%

6 year:

+606%

+78%

+90%

7 year:

+4,730%

+85%

+113%

8 year:

+14,121%

+87%

+146%

9 year:

+27,795%

+94%

+143%

10 year:

+14,275%

+81%

+171%

11 year:

+45,585%

+59%

+219%

12 year:

+1.3 million%

+41%

+263%

13 year:

+2.0 million%

+52%

+273%

14 year:

+2.1 billion%

+99%

+325%

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

$70,000

10

0.18%

$64,521

47

0.84%

$60,000

98

1.75%

$50,000

217

3.88%

$40,000

468

8.37%

$30,000

713

12.75%

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

17 May 2020 | Raoul Pal | Price when published: $9,532 (ROI since: +577%)

Raoul Pal - Bitcoin and the Perfect Setup

Filed under: other  medium icon tweets

Through a series of charts, Raoul details the case that Bitcoin made a key technical breakout, and takes note of the associated fundamental drivers.

EXCERPT


btc breakout chart


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