Bitcoin’s Sharpe ratio is nearly at zero, a rare risk-reward signal - Source: CoinTelegraph

A Bitcoin technical indicator known as the Sharpe ratio, has dropped to nearly zero, reaching levels usually seen near major market bottoms.

The Bitcoin Sharpe ratio is at “a level historically associated with moments of maximum uncertainty and the early stages of risk repricing,” said CryptoQuant analyst I. Moreno on Monday.

Story continues: https://cointelegraph.com/news/bitcoin-indicator-flashes-rare-risk-reward-signal