🤨 Why Subscribe?
The Bitcoin Layer is a bitcoin and global macro research firm. Consider it picking up where Nik’s book Layered Money left off—how is bitcoin changing the monetary system in front of our eyes, where is it on that path, and is it heading to a price beyond $1 million?
Our TBL Liquidity Framework
Our value proposition is trying to answer one simple question: how much of risk asset movements can be explained by liquidity in today’s financial system?
Our entire research framework revolves around answering that question, and over the past year, we have developed some key metrics, with our main one being:
Our TBL Liquidity Index: Subscribers get 3-4 updates per week that allow them to understand our model, and why it follows risk assets so closely (look at TBL Liquidity next to the S&P 500 and junk bonds over this past year - chart below):
What does TBL Liquidity have to do with bitcoin?
As bitcoin adoption grows, idiosyncratic risks decrease, and the asset’s price shows a tendency to follow more macro-induced changes, such as liquidity shifts.
In this way, we believe our model, which leverages our founder’s expertise on:
US Rates
Bond Volatility
Global Banking Assets
The US Dollar
…is well-positioned to increasingly explain, and even predict, movements in bitcoin’s price from a macro and liquidity perspective.
🛒 Our Products:
TBL Pros get the following perks:
☑️ Our TBL Research Dashboard
Here is where all of our TBL Pros go to find live data on our proprietary liquidity metrics and other economic prints that we deem essential for our research.☑️ Bi-Weekly Risk Report
Our flagship risk intelligence report, where we combine all of our research into one actionable product for TBL Pros.☑️ Weekly Deep-Dive Research Article
Actionable analysis on TBL Liquidity, US rates, money markets, macro trends, and even educational pieces for beginners.☑️ Weekly Flash Updates
Concise, time-sensitive briefs that keep you instantly informed on major economic events as they unfold.☑️ Weekly Trader Notes
Exclusive access to Nik’s technical market breakdowns.☑️ Bi-Weekly Bitcoin Market Report
A dedicated look at bitcoin’s price action, supported by on-chain analytics and market structure reads.
👋 About Our Co-Founder Nik Bhatia
Nik Bhatia is a financial researcher and Adjunct Professor of Finance and Business Economics at the University of Southern California Marshall School of Business where he teaches Applied Finance in Fixed Income Securities and Bitcoin and Digital Assets. He is author of the #1 bestseller Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies. Previously, Nik worked the US Treasuries trading desk for a large institutional asset manager and has extensive trading experience in money markets and interest rate futures. He has a BA in Social Sciences from University of Southern California, a Master in Finance from IE Business School in Madrid, Spain, and is both a CFA and CMT charterholder. Nik lives in Los Angeles, CA with his wife and daughter.
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💻 Other Company Information
Disclaimer:
The Bitcoin Layer is a research provider only and does not offer financial advice. Nothing contained in the publication herein, or stated through another medium by the individual researchers, constitutes financial advice. Please consult your financial advisor and conduct your own research before making investment decisions.
