Bitcoin Price Prediction: The Metric That Called Every Bitcoin Bottom Since 2015 Just Fired Again
- Bitcoin’s Sharpe ratio hit -23, the same reading that marked the 2015, 2019, and 2022 bear market bottoms per Ali Charts
- BlackRock’s IBIT shed $202.48M on July 23, snapping a seven-day inflow streak totaling over $930M
- BTC held $65,000 with oil at $95, a resilience reading van de Poppe called evidence the rally does not need calm macro conditions
Bitcoin trades at $65,246 on July 24, up 0.30%, holding above the ascending trendline from the June low despite a sharp ETF outflow day and oil pushing toward $95 on renewed Iran tensions. The Sharpe ratio has compressed to -23, a reading that appeared at the 2015, 2019, and 2022 bear market bottoms before each of Bitcoin’s three major recovery cycles.
BTC Is Riding An Ascending Trendline Into Horizontal Resistance
The daily chart shows BTC supported by an ascending trendline…
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