Bitcoin Bull Run Is Only Just Starting, According To This Metric
On-chain data shows the Bitcoin SOPR hasn’t yet reached high levels that have been associated with heated bull…
Browsing Tag
Bitcoin SOPR
19 posts
This Bitcoin Metric Continues To Retest Bear-Bull Junction, Will A Break Happen?
On-chain data shows a Bitcoin indicator has continued to retest the bear-bull transition point recently, but is yet…
Bitcoin Could Decline Further Before A Rebound, Here’s Why
The pattern of an on-chain metric may suggest that Bitcoin could see more downside ahead before a rebound…
Bitcoin Near Crucial Retest: Which Of These Historical Patterns Will Repeat?
On-chain data shows a Bitcoin indicator is near a crucial retest currently that may decide where the cryptocurrency…
Sideways SOPR: A prelude to Bitcoin’s next big move?
Bitcoin’s price has been a study in tranquility since it broke through the $30,000 level, setting a tight…
Bitcoin SOPR Bounces Into Profit Zone, What Does This Mean?
On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has bounced back into the profit zone with…
Bitcoin’s new wave of demand is not out of question – Here’s why
BTC has projected strength following the latest bout of market uncertainty. With strong interest emerging, another similar demonstration…
This Bitcoin Metric Is At A Crucial Junction, Will Bulls Find Victory?
On-chain data shows a Bitcoin indicator is currently retesting a crucial level that could decide the direction the…
Bitcoin Plunge Under $28,000 Only Temporary? This Metric Suggests So
Bitcoin has now plunged under the $28,000 level, but the data of an on-chain indicator may suggest that…
![Bitcoin [BTC]: To sink or swim, investors unsure of market’s next direction](https://statics.ambcrypto.com/wp-content/uploads/2023/05/AMBCrypto_A_group_of_bitcoin_traders_standing_at_a_train_statio_825a43b4-c564-4d6c-9fe3-6fe2ac58741d.jpg "Bitcoin [BTC]: To sink or swim, investors unsure of market’s next direction | Cryptostudent.io - kryptowaluty, blockchain, szkolenie, kurs Bitcoina")
Bitcoin [BTC]: To sink or swim, investors unsure of market’s next direction
BTC’s Spent Output Profit Ratio (SOPR) indicator has remained sideways, suggesting a possible sell-off scenario where short-term holders…