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Bitcoin Is Delivering On Those Returns

Inching Closer To The All-Time High

Ecoinometrics

Oct 30

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Even though Bitcoin moved sideways for most of the year, it remains one of the best-performing assets over the last twelve months based on total returns.

As I write these lines, BTC is inching closer to reclaiming its all-time high.

Today, we'll examine Bitcoin's positioning over the last 12 months, explore the expected upside from reaching a new all-time high, and assess how likely that is to happen.

Let's dive in.

The Ecoinometrics newsletter gives you insights from crypto and macro data to help you make better investment decisions.

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Bitcoin Is Delivering On Those Returns

The Takeaway

Bitcoin leads returns among major assets over the last twelve months, second only to select stocks like Nvidia. While gold delivers the best risk-adjusted performance, Bitcoin shows strength across both metrics.

History suggests new all-time highs trigger substantial return boosts, often doubling three-month performance.

The current rally, powered by steady ETF inflows, shows momentum but hasn't reached concerning levels. There is room to reach a new all-time high and get that boost over the next three months.

But let’s look at the details.