Recent data regarding Bitcoin is igniting expectations of a price surge among investors and analysts alike. According to CryptoQuant analysts, there has been a significant decline in Bitcoin's short-term Sharpe ratio.
This trend is reminiscent of patterns observed in late 2023, which also indicated potential price recoveries. The decline in Sharpe ratio typically measures risk-adjusted returns and may suggest that Bitcoin's volatility is offering attractive entry points for investors.
Despite the decline, the overall sentiment remains optimistic as speculators anticipate that the reduced ratio is a precursor to an upward trend.
Fuente: en.coinotag.com ↗