đ Bitcoin vs. S&P 500: BTC Outperformance Momentum Flips Bullish!
Glassnode data shows a significant macro shift: Bitcoin is winning the majority of trading sessions against the S&P 500 once again!
đ Key Metric Breakdown:
âą Win Rate Flip: BTCâs session win rate against the S&P 500 crossed above 50% on September 24.
âą Mean Excess Return: Mean excess return per session turned positive, indicating strong relative alpha generation.
âą Macro Context: Historically, sustained periods where BTC's win rate stays above 50% coincide with early-to-mid bull market acceleration phases.
đ§ Strategic Takeaway:
When Bitcoin consistently outperforms tradfi benchmarks like the S&P 500 on a daily basis, institutional capital allocation tends to shift from defensive equity positioning into digital asset exposure.
Are you overweight BTC or TradFi equities in Q4? Letâs discuss below! đ
$BTC #Bitcoin #Glassnode #MacroEconomy #CryptoVsTradFi #BinanceSquare
Glassnode data shows a significant macro shift: Bitcoin is winning the majority of trading sessions against the S&P 500 once again!
đ Key Metric Breakdown:
âą Win Rate Flip: BTCâs session win rate against the S&P 500 crossed above 50% on September 24.
âą Mean Excess Return: Mean excess return per session turned positive, indicating strong relative alpha generation.
âą Macro Context: Historically, sustained periods where BTC's win rate stays above 50% coincide with early-to-mid bull market acceleration phases.
đ§ Strategic Takeaway:
When Bitcoin consistently outperforms tradfi benchmarks like the S&P 500 on a daily basis, institutional capital allocation tends to shift from defensive equity positioning into digital asset exposure.
Are you overweight BTC or TradFi equities in Q4? Letâs discuss below! đ
$BTC #Bitcoin #Glassnode #MacroEconomy #CryptoVsTradFi #BinanceSquare
