Skip to content
cycleconvergenceTier: pro

SPX/TLT Risk-On Ratio vs BTC

Overlays the daily ratio of the S&P 500 index over the TLT ETF (iShares 20+ Year Treasury Bond ETF) against Bitcoin's daily spot price. The ratio is the institutional macro framework expressing the rotation between US large-cap equities and long-duration Treasury bonds - when equities outperform bonds, ratio rises (risk-on regime); when bonds outperform equities, ratio falls (risk-off regime). A 50-day moving average overlay (cyan analytical) isolates structural regime shifts from daily noise. Daily T+0 publication (NYSE close 16:00 ET).

Full educational module - Trinity subscribers

The detailed educational module for SPX/TLT Risk-On Ratio vs BTC — what it is, how to read it, key zones, what to observe, historical context and common misinterpretations — is reserved to authenticated Trinity Insights subscribers. Trinity uses the Education-Driven Chart Design (EDCD) methodology to write each module bilingual FR/EN, atemporal, and AMF-compliant.

Tier required to read full educational module:pro

Access programmatically via Trinity MCP

Trinity subscribers can query this chart programmatically from Claude Desktop, Cursor, ChatGPT, Gemini, Windsurf, VS Code Copilot or Perplexity using the Trinity Insights MCP Server. The MCP scope reflects exactly your subscription tier.

{
  "tool": "get_chart_value",
  "metric_id": "cycle-spx-tlt-risk-ratio",
  "timeframe": "1y",
  "language": "en"
}

Bitcoin / on-chain / macro concept definitions

Looking for the general definition of an industry-standard term (MVRV, SOPR, NUPL, halving, hash rate, etc.) ? See the public Trinity glossary — concept definitions are atemporal and open access. Chart-specific educational modules remain subscriber-only.

Regulatory status and legal notice

Trinity Insights is an analytical tool for Bitcoin on-chain and macro-intelligence, intended for educational and informational purposes only. Content provided does not constitute investment advice, personalized recommendation, or invitation to buy or sell any asset. Trinity Insights is not a registered Financial Investment Advisor (CIF) under the French Monetary and Financial Code, not a registered or licensed Digital Asset Service Provider (PSAN) under the French AMF, and not a Crypto-Asset Service Provider (CASP) under MiCA Regulation (EU) 2023/1114. Past performance is not indicative of future results. Trinity Insights does not guarantee the accuracy, completeness, or relevance of the data presented. Always do your own research before making any decision.