|

Bitcoin investors lived through the worst year on record

  • Bitcoin is hovering under $3,800 amid low trading activity.
  • BTC ROI dropped to -71.5% to become the lowest on record.

BTC/USD is changing hands at $3,775, after a short-lived Sunday attempt to recover above $3,800 handle. The cryptocurrency market has entered a hibernation phase to survive thin holiday markets. Bitcoin is no exception here, despite some short-lived sharp movements in both directions.

According to the statistics provided by Messari service, the return on investments in Bitcoin in 2018 was the worst on record. Traders have lost over 71% of their capital since the beginning of the year. To put this into perspective, it is much worse than in 2014, when Bitcoin demonstrated the similar slump.

Bitcoin's technical picture

On the 4-hour chart, Bitcoin is moving within a horizontal triangle. A sustainable movement above $3,860 (the upper line of the triangle) will create a setup for a strong recovery with the first aim at $4,234, which is the recent high reached on December 24. On the downside, the initial support lies with $3,700. It is created by a confluence of SMA100 and SMA200 (4-hour) and followed by the lower triangle border at $3,670. Once below, the sell-off may be extended towards $3,550 and psychological $3,500.

BTC/USD, 4-hour chart


 

Author

Tanya Abrosimova

Tanya Abrosimova

Independent Analyst

 

More from Tanya Abrosimova
Share:

Editor's Picks

Stellar mixed sentiment caps recovery

Stellar price remains under pressure, trading at $0.170 on Tuesday after failing to close above the key resistance on Sunday. The derivatives metric supports the bearish sentiment, with XLM’s short bets rising among traders and funding rates turning negative.

Jupiter  rises on native SOL staking, TVL rebound

Jupiter edges higher by 3% at press time on Tuesday, approaching the $0.1700 level. The lending protocol announced native staking as collateral, allowing users to borrow against natively staked SOL on certain vaults.

Rocket Pool price extends rally as Saturn One upgrade boosts sentiment

Rocket Pool price extends its gains, trading above $2.80 on Tuesday after rallying over 58% in the previous day. The upcoming Saturn One network upgrade on Wednesday has fueled renewed buying interest.

Pi Network rallies ahead of its first anniversary

Pi Network trades above $0.1800 at the time of writing on Tuesday, recording nearly 5% gains so far. On-chain data indicate that large wallet investors, commonly known as whales, have accumulated approximately 4 million PI tokens over the last 24 hours.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.