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Is the Bitcoin Bull Run Over? Sharpe Ratio Hits ‘High Risk’ Zone

  • The Bitcoin market entered a 'high risk' zone in March 2024, as indicated by the Sharpe Ratio chart.
  • Past instances of the Bitcoin Sharpe Ratio entering the 'high risk' zone have been followed by price corrections or downtrends.
  • While the historical pattern suggests potential volatility, it's crucial to approach the situation with caution.
  • Bitcoin's entry into the 'high-risk' zone on the Sharpe Ratio could indicate a potential price correction.

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