Bitcoin’s Sharpe Ratio Plummets to -38: A Bear Market’s Final Sigh?
Van de Poppe, that sage of spreadsheets and skeptics, has turned his gaze to the Bitcoin Sharpe Ratio-a metric as cyclical as the moon’s pull on the tides. It’s a number that dances high in bull markets, grinning like a fool, then slumps into a sullen teenager during crashes. Now, it’s hit -38.38, a number so low it makes a beggar blush. Historically, this is the point where investors start whispering, “Maybe it’s time to buy a farm,” even if the farm is just a pixel on a screen.






