Bitcoin's Performance: Three Consecutive Down Years, No Successive Losses
Historical Performance: Bitcoin has only recorded negative annual returns in 2014, 2018, and 2022, each followed by significant recoveries, demonstrating its resilience and long-term upward trend.
Yearly Trends: The cryptocurrency has never closed two consecutive years in the red, highlighting its cyclical nature and ability to rebound after downturns, with substantial gains following each of its past declines.
Market Dynamics: Annual price changes filter out short-term market noise, revealing Bitcoin's strength as it absorbs supply during resets, driven by factors like halving events and institutional adoption.
Investor Insights: Despite current market sentiment suggesting a potential end to the bull cycle, historical patterns indicate that Bitcoin remains a strong long-term investment, reinforcing its role as a store of value in diversified portfolios.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36391.603 | 48195.801 | 61127.353 | 72931.551 | 85863.103 | 97667.301 | 110598.853 |
| Fibonacci | 48195.801 | 57644.858 | 63482.495 | 72931.551 | 82380.608 | 88218.245 | 97667.301 |
About BTC
About the author







