## Bitcoin Price Stabilizing: Bottom Formation? Recent analysis suggests Bitcoin (BTC) might be establishing a market bottom. Julio Moreno, a lead analyst at CryptoQuant, points to the BTC Sharpe Ratio nearing zero. This level has historically coincided with market stabilization phases in 2019, 2020, and 2022. ## Smart Money Inflow Imminent? A low Sharpe Ratio often precedes an influx of "smart money," sophisticated investors looking for undervalued assets. This influx can be a foundation for long-term price appreciation. ## Large-Scale BTC Selling Indicates Reallocation Over 8% of the total Bitcoin supply moved last week. This significant movement, a rare occurrence, suggests large-scale selling and asset reallocation. This could indicate a final capitulation before a potential rebound. While past performance doesn't guarantee future results, these indicators suggest a potential shift in Bitcoin's market dynamics. ```