Foreign media: U. Today states that the return on the 365-day rolling investment ofbitcoin has fallen,1 and that the past year's BTC holdings have been in deficit. According to the article, this indicator is more of a description of the current market stage than a direct sign of sale.
A year's payoff falls off the profit/loss line.
The latest 365-day rolling ROI of bitcoin is about 0.514, which means that the return is about -49 per cent on a year-by-year basis. According to the article, when ROI was below 1, the holding gains representing the past year had been reversed.
It's always been in Bear City.
It is recalled that between 2014 and 2015, 2018 to 2019 and 2022, Bitcoin was below the profit/loss line for a longer period of time. At the same time, the author reminds that a break 1 does not mean that it is already at the bottom, and that this indicator may continue to decline in the past cycle.
Prices and averages are under pressure.
According to the article, bitcoin was reported at the time at about US$ 62,900, below the short-term average of US$ 63,400 to US$ 63,900 and below US$ 66,500 per 100-day average. 200 average daily at approximately $71,800, further away from current prices.
The daily RSI is about 42.5 below the signal average of about 49, but still does not enter the oversale area. According to the article, this indicates that the seller still has the upper hand and that the market needs more sustained price repair to get back on track for a year with a positive return.