Thread by @Delphi_Digital

0/ We recently released our Bitcoin Monthly Outlook covering several developing trends we’re watching closely. Below is a short thread on some of the key takeaways, but you can access the full report + our historical outlooks at delphidigital.io/research!

Join us today!

1/ #Bitcoin remains one of the best performing assets globally this year, tracking its 2017 performance so far YTD. Historically, the second half of the year has been kind to $BTC, especially the early autumn months, but important to note history is obviously limited.

2/ Correlation between $BTC & gold has strengthened considerably the last few months amid plunging debt yields + rising geopolitical tensions (our quarterly outlook gives more context on the macro backdrop & why demand for an uncorrelated, non-sovereign asset likely increases).

3/ We also examine the relationship between net daily exchange flows and $BTC, including its near-term implications for expected price fluctuations.

4/ Our UTXO-adjusted NVTS analysis also rendered some noteworthy trends, specifically as it relates to expected risk-adjusted returns over various time horizons given today’s entry point.

5/ The report includes more detail on all these topics plus an update to our UTXO age band analysis, key technical indicators, and more general thoughts on #bitcoin going forward.

Sign up today to receive instant access to all this and more!
delphidigital.io/research