Analysis for Bitcoin
Description & usage
Bitcoin is a decentralized monetary network without a central issuer. New supply is created through mining, while the blockchain records ownership in a transparent and tamper-resistant ledger. Its value proposition is digital scarcity, censorship resistance, and 24/7 global tradability. Core drivers are network security, regulatory acceptance, institutional flows, and its role as a macro risk asset.
Basic info
- Symbol
- BTC
- Type
- Crypto
- Region
- Global
- Sector
- Store of Value
- Available history
- 11.2 years
- Last trading day
- 04/04/2026
Basic info
- Symbol
- BTC
- Type
- Crypto
- Region
- Global
- Sector
- Store of Value
- Available history
- 11.2 years
- Last trading day
- 04/04/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Analysis summary
Technical asset picture
Bitcoin (BTC) currently has a total score of 45 points, placing it in the neutral range. The score is made up of Performance (71), Stability (19) and Trend (20). The profile is clearly uneven: Performance stands out while Stability lags.
Performance scores 71 points (strong). Key strength: 10Y return at 15,774.3 %. Main drag: 1Y return at -20.3 %. This suggests stronger long-term than short-term performance.
Stability scores 19 points (very weak). Key strength: CAGR/drawdown ratio at 0.79. Main drag: Sortino ratio (90d) at -1.52. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 20 points (weak). Trend signals are mostly negative right now. Least weak signal: Price is about 2.9 % below SMA50. Main drag: Price is about 25.4 % below SMA200.
Overall, the picture is mixed: Performance does the heavy lifting while Stability holds the score back. On a metric level, 10Y return stands out, while Sortino ratio (90d) is the main weak spot.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For crypto assets, high real yields and a stronger US dollar typically lean headwind.
Note: DXY is used here as the latest available reading; ISM PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.