Room to Rally: Bitcoin’s Risk-Adjusted Returns are Steady at 6 Year+ Levels
Bitcoin has been on a tear throughout the past few weeks, with its price action heating up as bulls try to flip $40,000 into a support level If the crypto continues holding above this previous resistance, it could allow for significantly further upside in the days and weeks ahead One analyst explained that although it […]
Related News
Bitcoin has fared better than the world's largest hedge fund based on its risk-adjusted returns, reveals Messari in its recent research note.
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....
The Canadian investment manager said the allocation seeks to improve the two funds’ risk-adjusted returns in the future.
Bitcoin’s price has been caught within a bout of range-bound trading throughout the past few days, with the support at $18,000 and resistance at $19,000, leading to the formation of a new and intense trading range. Its trend of trading sideways has greatly favored altcoin bulls, as Ethereum and many other digital assets have been […]
The price of Bitcoin has struggled so far in the month of November, briefly falling below the psychological $100,000 level twice already. Although the flagship cryptocurrency appears to be in a state of calm this weekend, a recent on-chain evaluation shows the possibility of more price corrections in the short term. Bitcoin Risk-Adjusted Returns See Growing Downturn In a Quicktake post on the CryptoQuant platform, data analytics platform Arab Chain revealed that there seems to be a growing amount of risks for Bitcoin market participants on Binance. This on-chain observation revolves around....