Bitcoin’s recent price volatility raises concerns over its ROI, which is on a downward trend. A lack of buying pressure and declining trading volumes indicate potential challenges ahead. The long-term ROI decline suggests diminishing profitability for investors, with a possible breakeven point approaching. There remains a scenario for recovery if significant resistance levels are breached.

Bitcoin (BTC) has recently encountered notable price volatility, struggling to maintain its position above $90,000. While it has a history of significant growth, current data suggests a potential turning point for the cryptocurrency. The 1460-day running return on investment (ROI) chart shows warning signs, indicating a downward trend that may profoundly affect Bitcoin’s price movements.

In conclusion, Bitcoin is currently facing pivotal challenges as evidenced by its declining ROI and resistance levels. The decline in investor enthusiasm and trading volume raises concerns about its future profitability. Nevertheless, should Bitcoin manage to hold above $85,000 and overcome the $90,000 resistance, it could potentially initiate a reversal towards the $100,000 mark.

Original Source: u.today

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