🧠 Bitcoin’s Sharpe Ratio Hits ZERO — The Last Time This Happened = ??? 🔍📊

On Bitcoin

Changed since their last video: weeks moved waiting to up.

Views

• Next weeks (next 2–6 weeks): Leans up: So that information as well from Darabit is also looking extremely bullish for December 26th Chris the day after Christmas Day. ▶ 26:07 The call was a draw: 86.9k when said, 88.2k on 25 Dec 2025 (+1.5%), under the 2.5% it takes to count.
• This cycle (next 6–18 months): Leans up (timeframe is our reading): But the stuff we're seeing here, it seems like maybe it could be a bottom. ▶ 20:29 Said again while their call of 5 Oct 2025 was open, so it counts once; that call was wrong: 122.6k when said, 85.7k on 5 Oct 2026 (−30.1%).

Levels named

• 175k: Target (Bitcoin's fair value relative to gold if the gold ratio normalizes): Compared to gold, Bitcoin should be 175K, but we're not. We're less than half of that. ▶ 21:20
• 100k: Target (options max pain for the December 26 expiry): Max paying for December 26, 2025 is $100,000. We're below that right now. ▶ 25:52
• 85k: Support (the only place with put option action, per Deribit skew): the only place where this put option action is at 85,000, which is like 2K away from where we are now. ▶ 26:01

Their own position: Not said.

Dates named

• Fed rate cut expected in about 15 days on 10 Dec 2025: It looks like we'll be getting a Fed cut in 15 days, which will be good for the markets.
• December 26, 2025 options expiry on 26 Dec 2025: Max paying for December 26, 2025 is $100,000. We're below that right now.