Main takeout:
Bitcoin’s Sharpe ratio converges with GOLD to show similar risk adjustment revenue and support the role of value storage.
Gold was induced by economic uncertainty by surpassing 30.33%higher than Bitcoin in the first quarter of 2025 and 3.84%of Bitcoin.
The inflow of Bitcoin ETF is recovering and analysts predict that BTC can reach $ 110,000- $ 444,000 in 2025.
The Bitcoin’s (BTC) price is more than $ 100,000, and Crypto Asset can recover its position as a competitor of the main value, Jurrien Timmer has a FIDELITY Director of Global Macro.
Timmer’s recent analysis emphasizes the convergence of the Sharpe ratio of Bitcoin and GOLD, suggesting that both assets can be compared in risk adjustment yields. The Sharpe ratio measures the return on investment by comparing the performance with a risk benchmark compared to volatility.
The following chart, which tracks the weekly data between 2018 and May 2025, is a Bitcoin revenue (1X) along the GOLD ‘S (4x), and the gold $ 22.48 and Bitcoin as $ 15.95 under the relative performance conditions.
In terms of allocation, Timmer encouraged an interesting observation by encouraging a 4: 1 gold bitcoin ratio for a hedge that is worth it. Timmer said.
“The most negative asset with Bitcoin is being fascinated by the fact that it is gold. For two players of the same value, Bitcoin’s risk compensation ratio has been impressive. Other assets have no other assets!”
Bitcoin’s SOV credentials improve more than $ 100,000, but Ecoinometrics, a Bitcoin -centric macroeconomic newsletter, is not a smooth voyage in the first quarter of 2025.
In 2024, Bitcoin Spot Exchange Traded-Funds (ETFS) saw a net inflow of $ 35 billion, purchased 500,000 BTC and recorded a 120%return. But 2025 started with another note. In the first four months, the Bitcoin ETF flow dropped to one -third compared to 2024, while the gold ETF attracted more capital.
The Newsletter stated that this change could be due to the Q1 uncertainty surrounding the federal reserve policy, trade policy and the US economy. Ecoinometrics mentioned
“It’s easy to see why capital went to a person who looks like a refuge between the two hard assets of gold and Bitcoin.”
GOLD, which rose 30.33%in 2025 compared to 3.84%of Bitcoin, has benefited from stability during economic anxiety. In addition, this analysis added that Bitcoin has performed better with “high beta -growth assets”, which flourishes in liquidity and fiat insults.
Recent development suggests changes: US trade policy clarity, softer federal reserve banks, and relief of financial conditions have been steadily introduced into Bitcoin ETF.
Related: Bitcoin Bull Flag and Standards are hints in the final rally for the final BTC price.
Bitcoin is a new high in 2025.
The higher the SHARPE ratio, the more the positive indicators of Bitcoin are more than $ 110,000 in May, which greatly increases the probability of reaching a new all -time high. According to Bitcoin Suisse, a cryptocurrent company, BTC’s high sharp ratio has allowed assets to transcend risks after the US presidential election and thrive in dangerous off -environments.
BTC has more than 88% of its profit supply, and it works to make a high guilty ruling that now develops the possibility of “acceleration”. Bitcoin Suisse Research Director Dominic Weibei said.
“In this environment, Bitcoin has emerged as a Swiss army knife asset. BTC, which has a stock rally or bond breaking down, trades the basis of supply demand, providing a win -win profile that can simply provide traditional assets.”
Similarly, Cointelegraph reported that Bitcoin has a “good opportunity” to reach more than $ 250,000 in 2025. The report uses a scenario -based framework rooted in the gold model to project the potential re -evaluation of Bitcoin as a non -address hard asset.
If the network value of Bitcoin measured by gold follows the power curve and gold maintains its current value, analysts suggest that it can record $ 444,000 in 2025. But the more conservative estimates of Bitcoin analysts points out a “reasonable” goal of $ 220,000 this year.
Related: Altcoins has been on the verge of ‘most powerful rally’ since 2017.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.