If it is created for tracking and mapping then yeah.
unless all exchanges, trade platforms, mixers are under the triangle eye (plus new alts starting with litecoin - they where not in the plan) that isn't 100% accurately possible. but it might give broader view for the overall analysis also considering the limitation of purchasable goods through the process.
Well, in theory NSA can observe all of the internet traffic and filter out what is needed. Also, computer systems may have hardware integrated back doors. So, in theory, everything was already in place before, to track every movement of an currency that attracts people who in turn are attracted by the anonymous aspects in bitcoin. A way to lure out people who think that they have something to hide.
But well, it's all in theory and I have absolutely no idea what is really going on.
After big-bang everything is history ...