Bitcoin Price Predicted to Reach $75,000 by 2027

A prediction on Polymarket has sparked interest in Bitcoin's potential price surge. According to the forecast, there is an 85% probability that Bitcoin's price will reach $75,000 before 2027. This prediction is based on data from CryptoQuant, which shows a deeply negative Sharpe Ratio.

The short-term Bitcoin Sharpe Ratio has plunged to -38.38, one of the lowest readings ever recorded. Historically, this metric has dipped below -30, signaling major cycle bottoms. Analysts believe that this could be textbook accumulation territory for risk-adjusted buyers.

Exchange outflows have reduced available sell-side ammo, while retail traders are beginning to turn bullish. Santiment data shows a 15-month high in small wallets holding 0.1-1 BTC, indicating increased accumulation.