Bitcoin's Sharpe ratio hit a level that has marked every cycle low since 2015, but in each case it preceded months of basing rather than an immediate rebound.
Bitcoin's Sharpe ratio recently reached a level that has consistently signaled cycle lows since 2015. In June, holders absorbed a significant 125,000 BTC, indicating strong accumulation. However, this signal typically leads to several months of price stabilization rather than a…
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