Apr 23, 2026

Bitcoin Bottom Signals Flash Green: Three On-Chain Metrics Point to $96,000 Recovery

TLDR: Bitcoin’s Sharpe Ratio recovered from -43 to 20.35, signaling a shift from extreme risk to stability. Short-term holder supply fell below 7%, a level historically linked to confirmed Bitcoin market bottoms. BTC flows into derivative exchanges show rising investor conviction and appetite for leveraged long positions. The $73,700 MVRV band is the key support [...]

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Source: Blockonomi →