Bitcoin Sharpe-Like Ratio Shows Market In Wait-and-See Mode At $119,000
As Bitcoin (BTC) steadily makes its way toward its current all-time high (ATH) of $124,128, optimism seems to be returning to the market. However, fresh data from Binance shows that BTC’s gains barely outweigh the risks posed by the digital asset’s volatility. Bitcoin Maintaining A Risk-Reward Balance According to a CryptoQuant Quicktake post by contributor Arab Chain, latest data from Binance – the world’s leading cryptocurrency trading platform in terms of liquidity – suggests that BTC is currently maintaining a risk-reward balance. Related Reading: Bitcoin Funding Dynamics....
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The Tron (TRX) Sharpe Ratio suggests the cryptocurrency’s price may be far from overheating, a sign that the coin could have more upside potential. Tron Sharpe Ratio Is Still Significantly Below Overheating Zone In a CryptoQuant Quicktake post, an analyst has talked about the latest trend in the Sharpe Ratio of Tron. The “Sharpe Ratio” refers to an indicator that compares the returns of an asset against the risk associated with it. The numerator in the ratio, the ‘returns’ portion, is defined as the difference between the average return of the coin and the....
After briefly trading above $59,000 in the early hours of Tuesday, Bitcoin price has now seen a significant retracement, dropping below the $58,000 price mark once again. However, despite this struggle to rally, a CryptoQuant analyst named Kripto Mevsimi recently shared an intriguing observation regarding Bitcoin price on the CryptoQuant QuickTake platform. Related Reading: Bitcoin’s Breakout Blueprint: Analyst Reveals Roadmap For Imminent Surge Bitcoin’s Sharpe Ratio Hits New Lows: Bullish Signal Or A Warning? According to the analyst, Bitcoin’s short-term Sharpe ratio has....
As Bitcoin (BTC) resumes recording new all-time highs (ATH), focus is back on key price levels that could provide investors with an idea about the next possible resistance levels that may see a sell-off in BTC. Fresh on-chain data offers a map of BTC’s most important price levels. Bitcoin May Face Resistance At These Levels According to a CryptoQuant Quicktake post by contributor Crazzyblockk, the cost basis (Realized Price) of BTC Short-Term Holders (STH) provides a snapshot of important support and resistance zones. Related Reading: Bitcoin Sharpe-Like Ratio Shows Market In Wait-and-See....
The study also concluded that temporary crypto market decline and volatility are not enough to diminish the importance of cryptocurrencies in investment portfolios. Allocating funds to crypto investment positions has been shown to have a positive impact on the performance of diversified investment portfolios.According to a research study by crypto asset management outfits Iconic Funds and Cryptology Asset Group, the ability of crypto investments to positively impact the performance of investment portfolios cuts across several asset allocation models.Crypto’s ability to improve the....
As Bitcoin (BTC) hit a new all-time high (ATH) of $125,708 on Binance yesterday, BTC exchange inflows are starting to show signs of slowing down. As a result, crypto analysts are confident that the top cryptocurrency by market cap may be on the cusp of a healthy rally. Bitcoin Exchange Inflows Slump Amid New ATH According to a CryptoQuant Quicktake post by contributor ChainSpan, fresh on-chain data shows that the average amount of BTC inflows into exchanges such as Binance has decreased significantly. Related Reading: Bitcoin Sharpe-Like Ratio Shows Market In Wait-and-See Mode At $119,000....