Total global money supply (M2) across major economies (US, EU, Japan, China, UK). Bitcoin has historically correlated with global liquidity expansion and contraction.
Rising global liquidity is a tailwind for Bitcoin and risk assets. Contracting liquidity is a headwind. Global liquidity bottoms have historically preceded major Bitcoin rallies.
Key US economic indicators including Fed Funds rate, CPI/inflation, employment data, and yield curve. These macro factors significantly influence Bitcoin's price environment.
Extends the Stock-to-Flow model to compare Bitcoin's scarcity with traditional commodities like gold and silver. Places Bitcoin on the same valuation framework as precious metals.
Compares Bitcoin's performance against the Magnificent Seven tech stocks (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla). Popular institutional comparison metric.
Compares Bitcoin's returns to US Treasury bonds across various maturities and timeframes. Evaluates Bitcoin as an alternative to fixed income in portfolio construction.