{
 "id": "bitcoin",
 "symbol": "BTC",
 "name": "Bitcoin",
 "archetype": "L1 / Chain",
 "archetype_reason": "category match: 'smart contract platform'",
 "contract": null,
 "price": {
  "price_usd": 62975,
  "ath_usd": 126080,
  "ath_date": "2025-10-06T18:57:42.558Z",
  "market_cap": 1262868736871,
  "volume_24h": 22339853930,
  "price_chg_30d_pct": -1.26426,
  "price_chg_60d_pct": -21.05063,
  "price_chg_200d_pct": -28.2296,
  "coingecko_url": "https://www.coingecko.com/en/coins/bitcoin"
 },
 "provenance": {
  "batch_date": "2026-07-14",
  "bagcheck_version": "0.17.1",
  "snapshot_id": "2026-07-14 v16",
  "label": "scored monthly \u00b7 batch of 2026-07-14"
 },
 "refused": false,
 "reclaim": {
  "severity": "MODERATE",
  "line": "Down 50% from ATH \u2014 reclaiming it needs 2.0\u00d7 from here. Historically ~34% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 50.1,
  "reclaim_multiple": 2.0,
  "base_rate_label": "down 50-70%",
  "base_rate": 0.34,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 2.0\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 82.5,
  "aliveness": "FUNCTIONAL",
  "aliveness_note": "Structurally sound and active \u2014 speaks to mechanics, not recovery odds.",
  "mechanical_aliveness": "FUNCTIONAL",
  "band_capped": false,
  "confidence": "HIGH",
  "confidence_detail": "measuring 6 of 6 factors (100% of the weight that matters for a L1 / Chain asset)"
 },
 "bottom_line": "Down 50%, aliveness reads FUNCTIONAL. Being functional is not recovery \u2014 the reclaim base rate is ~34%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.22,
   "status": "measured",
   "score": 100.0,
   "detail": "108 commits/4wk, 846 contributors, last commit 0d ago \u2014 actively developed.",
   "note": ""
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.2,
   "status": "measured",
   "score": 73.6,
   "detail": "addresses +363,457/30d (+0.6%, Bin 7/10 vs 169 L1 / Chain peers), MVRV 1.20 (Bin 9/10 vs 51 L1 / Chain peers) \u2014 addresses are accumulating against the drawdown. [L1 / Chain bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 75.0,
   "detail": "$22,339,853,930/24h (Bin 10/10 vs 308 L1 / Chain peers), 1.77% turnover (Bin 5/10) \u2014 tradeable.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.18,
   "status": "measured",
   "score": 87.0,
   "detail": "595,589 active addresses/day (Bin 10/10 vs 91 L1 / Chain peers), 30d trend -3.2% (Bin 8/10 vs 53 L1 / Chain peers) \u2014 usage is strong for its peer group. [L1 / Chain bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 80.0,
   "detail": "96% of supply circulating (Bin 8/10 vs 310 L1 / Chain peers), FDV/MC 1.0x (Bin 9/10) \u2014 limited dilution risk.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 70.0,
   "detail": "30d -1% (Bin 7/10 vs 310 L1 / Chain peers), 200d -28% (Bin 8/10) \u2014 outperforming its peer group.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only.",
  "Recent whale activity signal on the record (2026-07-13) \u2014 not reflected in the score; check before acting.",
  "Recent whale activity signal on the record (2026-07-13) \u2014 not reflected in the score; check before acting."
 ]
}