Crypto
Bitcoin Indicators Signal Accumulation Zone Ahead of Bull Run
The Sharpe Ratio, an indicator measuring risk-to-reward ratio, is currently at -23. This level indicates a prime accumulation zone for long-term investors.
The Sharpe Ratio has shown a pristine track record of signaling macro bottoms and the onset of bull runs after falling to -20 or below. It occurred in 2015, 2018-2019, and 2022-2023.
Supporting indicators include the Bitcoin Fear & Greed Index reading 'Fear' and the late June drop of the 200-week Simple Moving Average (SMA) below the then BTC price.