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Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?

  • Bitcoin price has dropped by nearly 4% in the last seven days, signaling a fading bullish momentum.
  • Despite the recent price dip, on-chain data suggests there is potential for further upside growth in Bitcoin.
  • The Sharpe Ratio, which evaluates risk-adjusted returns, indicates that Bitcoin is currently in a medium-risk zone, not yet overheated.
  • With the Sharpe Ratio still below historical peak levels, investors are advised to adopt cautious optimism in their market approach.

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