Bitcoin's short term Sharpe ratio just hit -40. The last five times this happened:


2015: rallied from $200 to $20K
2019: rallied from $3K to $14K
2020: rallied from $4K to $64K
2022: rallied from $16K to $70K
2023: rallied from $25K to $100K
BTC-1,51%
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