Bitcoin's Sharpe Ratio Dips to Bear Market Lows Again

Bitcoin's Sharpe ratio has dropped to -10, indicating a risk/reward profile similar to previous market downturns in 2018 and 2022.

Bitcoin's Sharpe ratio has recently plummeted to -10, reflecting a significant decline that puts it close to the bear market lows recorded in both 2018 and 2022.

This downturn in the Sharpe ratio indicates that the risk/reward dynamics for Bitcoin are nearing critical levels, raising concerns among investors about potential volatility and market conditions.