🧠


Is $BTC near a cycle bottom? Analysts at Rand Group note that when Bitcoin’s short-term Sharpe Ratio drops deep into negative territory, it has historically coincided with market bottoms. Seen before: 2015, 2019, 2022, each marked late-stage capitulation. The Sharpe Ratio measures risk-adjusted returns. When it turns sharply negative, it signals falling returns + rising volatility and fear, classic signs of capitulation. Translation: extreme pessimism may indicate the final phase of a bear market. 💛
#crypto
BTC0,71%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin