Backtesting Arena

Backtesting Arena

Bitcoin Today — Market State

As of 1 Jul 2026 · Composite of 8 knowledge objects · Explainable, not a trading signal

Defensive / bearish-leaningNet tilt -0.27Confidence 87%

A synthesized read of where Bitcoin stands today, aggregating 5 directional signals across cycle, structure, flows, historical analogues and long-run base rate. Context below.

Directional signals

Cycle
Recovery (34/100)
Structure
Downtrend
ETF flows (30d)
-7,256M$ (distribution)
90-day analogues
median -10.65%, 40% up
1-year base rate
median +56.08%, 68.23% up (unconditional)

Context

Macro coupling
equity 0.51 (1y), regime Sweet Spot
Volatility
options normal · VRP +8.51pp · IV-rank 22
Options
max-pain $59,000, spot -0.51%, PCR 1.03, 0d
Sources (8 knowledge objects · derived_from)

Each signal above is derived from a separately published, versioned knowledge object. Freshness per source:

  • cycle — as of 1 Jul 2026
  • flows — as of 29 Jun 2026
  • options — as of 1 Jul 2026
  • analogue — as of 1 Jul 2026
  • base rate — as of 1 Jul 2026
  • structure — as of 1 Jul 2026
  • volatility — as of 1 Jul 2026
  • correlation — as of 28 Jun 2026

This is a synthesized, explainable market state for research and education — not financial advice and not a buy/sell signal. Historical and base-rate figures describe the past; they do not predict the future.

Dig into the data

Explore the Bitcoin cycle, on-chain charts and backtests behind each signal.

← Bitcoin chartsUpdated 1 Jul 2026