Compares Bitcoin's performance against the Magnificent Seven tech stocks (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla). Popular institutional comparison metric.
Bitcoin outperforming Mag 7 over multi-year periods supports the case for portfolio allocation. Underperformance may reduce urgency for institutional adoption.
Key US economic indicators including Fed Funds rate, CPI/inflation, employment data, and yield curve. These macro factors significantly influence Bitcoin's price environment.
Compares Bitcoin's returns to US Treasury bonds across various maturities and timeframes. Evaluates Bitcoin as an alternative to fixed income in portfolio construction.
Total global money supply (M2) across major economies (US, EU, Japan, China, UK). Bitcoin has historically correlated with global liquidity expansion and contraction.
Compares Bitcoin ETF flows and AUM growth to the historical trajectory of gold ETFs (GLD launch in 2004). Provides context for the pace of institutional adoption.