The price of the leading cryptocurrency has encountered resistance around the $80,000 mark. According to Bloomberg, the growth is being held back by market participants’ positions on the Deribit exchange.
At levels near $80,000, call options expiring in May and June amount to $1.5 billion. In this scenario, market makers are forced to sell the asset as the price rises to hedge risks. Additional pressure on the rate was exerted by profit-taking and a slowdown in demand on the spot market.
At the time of writing, digital gold is trading at $75,785 (-1.7% for the day).
Five Years with Bitcoin: Return Statistics
Analysts at Delphi Digital examined the historical returns of the first cryptocurrency. They calculated the outcome for all possible five-year holding periods from May 2016.
The worst possible 5 Year Bitcoin Entry was down just 13%.
Return comparisons can look very different when the start date is a cycle top.
Our analyst @yeak__ looked at every possible 5 year holding period for BTC, ETH, and SOL using daily prices since May 2016. ETH and SOL… pic.twitter.com/YY1z9iZOYq
— Delphi Digital (@Delphi_Digital) April 29, 2026
The worst time to enter Bitcoin was buying at the cycle peak in December 2017. Selling five years later—near the lows of 2022—resulted in a 13% loss. This is the worst scenario in the history of observations.
The median five-year return of the digital coin exceeded 800%. For comparison, Ethereum’s figure was 1200%.
Over long horizons, crypto assets have delivered high returns almost regardless of the entry point. Sensitivity to the purchase price remains only over short time frames.
As reported on April 29, Bitcoin and many other crypto assets declined following the US Federal Reserve’s decision to maintain the interest rate at its current level.