
Bitcoin (BTC) ROI Going to 0? Unexpected Moves
The long-term return on investment (ROI) for Bitcoin has been steadily declining, raising concerns about the cryptocurrency’s potential profitability in the future. According to recent data, the long-term ROI for BTC has dropped to around 1.558, a worrying sign that may impact investor sentiment.
Historically, low ROI values have marked accumulation points before significant price spikes. However, if Bitcoin’s ROI approaches 1.0, it could signal a breakeven point where long-term holders are no longer making or losing money. This development would likely temper enthusiasm and potentially lead to unexpected moves in the market.
Despite this grim outlook, prior cycles have seen strong recoveries following low ROI values. Nonetheless, this may not be enough to guarantee a reversal towards $100,000. Bitcoin would need to maintain resistance above $85,000 and breach critical resistance at $90,000 for such a scenario to unfold.
The implications of a declining ROI on the market are significant. Any price action that challenges these levels could prompt unexpected moves in terms of investment strategy shifts and risk-taking behavior among investors.
Will you be surprised if this event unfolds?
Source: https://u.today/bitcoin-btc-roi-going-to-0-unexpected-moves