Bitcoin Macro Score

Composite across 5 dimensions: liquidity · sentiment · on-chain · geopolitics · momentum

Bitcoin shows NEUTRAL-POSITIVE momentum at $69,213 with 56.5% dominance. Positive spot ETF flows (+$1.2B/7d) and robust network hashrate (660 EH/s) support bullish sentiment. However, neutral MVRV ratio (1.87) and weak SPX correlation (0.18) limit upside. Recent flashes reveal moderate volatility: 3.25% decline (Apr 2) offset by recent stability (+0.36%). Fed pause supports macro stability. $1.39T market cap remains solid. Technicals show consolidation with mixed signals. Structural factors (institutional inflows, mining strength) balance caution, supporting neutral-positive positioning despite near-term consolidation.