๐ Bitcoin Sharpe Ratio Signals Room for More Growth โ But Caution Advised
Despite a 4% drop over the past week, Bitcoin may not be done rallying. According to Alphractal, BTC's Sharpe Ratio โ a key risk-adjusted return metric โ shows we haven't yet entered overheated territory.
๐ The Sharpe Ratio hasn't reached its historic โeuphoria zone,โ seen during past cycle tops in 2013, 2017, and 2021. This suggests there's still potential upside, though cautious optimism is warranted.
โ ๏ธ BTC is currently in a medium-risk zone, signaling a market thatโs stabilizing rather than topping.
๐ฐ Current Price: $104,100
๐ 7-Day Change: โ3.2%
๐ Room for further appreciation in current cycle?
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