Bitcoin momentum over 7, 30 and 90 days with percentile rankings, distance from the 200-day moving average, 24h volume and its 30-day Z-score, hash rate, dollar strength, net liquidity, and BTC perpetual futures positioning (funding rate and open interest)
The BTC Momentum briefing delivers multi-timeframe momentum analysis for Bitcoin: 7-day, 30-day, and 90-day momentum with percentile rankings against historical ranges. Includes 200-day moving average levels and dollar strength (DXY) correlation. Each figure is dated and sourced, with its trend and momentum already worked out.
Bitcoin Price: Current Bitcoin spot price in US dollars, updated every 2 minutes (CoinGecko or Coinbase; each value names its own) Source: CoinGecko or Coinbase, Every 2 minutes.
Bitcoin Hash Rate: Total Bitcoin network computational hash rate in EH/s (mempool.space) Source: mempool.space, Daily (read every 30 minutes, one figure a day).
Bitcoin 24h Volume: Total Bitcoin trading volume over the past 24 hours in USD (CoinGecko) Source: CoinGecko, Every 30 minutes.
BTC Perp Funding Rate (OKX): The funding rate OKX publishes for its BTC-USDT perpetual swap, per 8 hour period. Carried inside the Bitcoin momentum and factors briefings.
BTC Perp Open Interest (OKX): The open interest OKX publishes for its BTC-USDT perpetual swap: the contracts outstanding. Carried inside the Bitcoin momentum and factors briefings.
Net Liquidity: Net liquidity proxy - Fed balance sheet minus reverse repo and Treasury account balances Source: PreReason's calculation from the Federal Reserve Board's H.4.1 (balance sheet, TGA) and the New York Fed (reverse repo), Recomputed hourly; its inputs weekly (H.4.1) and each business day (reverse repo).
UUP (US Dollar ETF): Share price of the Invesco DB US Dollar Index Bullish Fund (UUP), a proxy for the dollar index (DXY), not the index level (updates every 15 min) Source: Finnhub, Every 15 min (market hours).
Hash Ribbon: Hash rate momentum indicator - 30-day vs 60-day moving average ratio Source: PreReason's calculation from mempool.space's daily hash rate (the ratio of its 30 day and 60 day averages), Recomputed hourly; its input daily.
BTC 200-Day MA: 200 day simple moving average of the Bitcoin price, in US dollars Source: PreReason's calculation from Bitcoin's price (CoinGecko or Coinbase): the average of each day's last stored price over 200 days, Recomputed hourly; its input every 2 minutes.
BTC Distance from 200D MA: Percentage distance of BTC price from its 200-day MA, positive above it and negative below Source: PreReason's calculation from Bitcoin's price (CoinGecko or Coinbase) and its 200 day average, Recomputed hourly; its input every 2 minutes.
BTC 1-Hour Price Change %: Percentage change in Bitcoin price over the last hour, derived from price history (hourly cadence)
Bitcoin Volume Z-Score (30d): D-097 confirmation/exhaustion overlay: standard-deviation distance of current 24h volume from the trailing 30-day mean
Correlations
Measured over 90 days:
Bitcoin Price and Net Liquidity
Bitcoin Price and BTC Perp Funding Rate (OKX)
Questions about the BTC Momentum briefing
What is in the BTC Momentum briefing?
Bitcoin momentum over 7, 30 and 90 days with percentile rankings, distance from the 200-day moving average, 24h volume and its 30-day Z-score, hash rate, dollar strength, net liquidity, and BTC perpetual futures positioning (funding rate and open interest). It holds 12 metrics and 2 correlation pairs over 90 days, each figure with the date it describes and the source it came from.
Which plan reads the BTC Momentum briefing?
The Basic plan reads it, and every plan above Basic.
How does an AI agent read the BTC Momentum briefing?
Over MCP, with the get_context tool and the briefing id btc.momentum. Over REST, with GET https://api.prereason.com/api/context?briefing=btc.momentum and an API key, as Markdown (the default) or JSON (format=json).
Can I read the BTC Momentum briefing as of a past date?
Yes, with date=YYYY-MM-DD. A dated read serves only periods released by that date, and each figure says when it was public, or that it may be a later revision. How far back depends on the plan; on the Basic plan: Since January 1, 2025. Higher plans reach further.
Where does the data in the BTC Momentum briefing come from?
Each figure names its source and the date it describes. The data sources page (https://www.prereason.com/data-sources) lists every source PreReason reads.
API: GET /api/context?briefing=btc.momentum
Format options: ?format=markdown (default) or ?format=json