This is a phenomenal chart.It shows the Sharpe Ratio for #Bitcoin in the short term.The key takeaway: the Sharpe Ratio has dropped to -38.38, which historically has marked "Low Risk" accumulation zones. The red circles highlight every time the Sharpe Ratio dipped to similar deeply negative levels; early 2015, early 2019, late 2022; and each of those moments preceded major bull runs.The pattern is clear:Every time the short-term Sharpe Ratio crashes this low, it signals that Bitcoin has been underperforming ...

🚨 INSIGHT: Michaël van de Poppe said Bitcoin likely peaked in December 2024 and may now be near a bear-market bottom, citing historically low Fear & Greed Index levels that previously preceded major bull runs for $BTC. https://t.co/GmGthxvRlC ...

Market Invalidation Conditions - A clear bear market would be indicated by Bitcoin crashing approximately 40% from its all-time high (ATH) and remaining depressed for several months without recovery [1] - A significant negative shift in overall market macro conditions would also invalidate the bullish outlook [1] Crypto Market Dynamics - Historically, crypto often lags behind other markets like stocks and commodities in similar scenarios [1] - Past examples include sell pressure after ETF launches and German government BTC sales [1] - An unknown entity is currently offloading tokens, potentially linked to the October 10 liquidation event [1] - Similar to GBTC and German government sales, the selling entity will eventually exhaust its holdings [1] - Crypto is expected to catch up once the selling pressure subsides, assuming favorable macro conditions persist [1] Macroeconomic Outlook - Current indications suggest that macro conditions will remain favorable in the foreseeable future [1]