OPTIMAL TIME TO ACCUMULATE BITCOIN Bitcoin's Sharpe ratio has dropped to -23, signaling an optimal window for spot accumulation. The Sharpe ratio measures the reward per unit of risk, or volatility. A positive ratio indicates returns outweigh risk, while a negative ratio indicates investors have experienced severe drawdowns. A -23 reading suggests deep seller exhaustion rather than endless downside. It creates an asymmetric risk-to-reward entry point for long-term BTC investors Past instances where the ratio compressed to these levels, such as during the 2015, 2019, and 2022 bear market bottoms, marked final capitulation phases.(Ali Charts)