Bitcoin aSOPR Again Retests Bull-Bear Junction Level, Will Resistance Break This Time?
Data shows the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR) is retesting the historical bull-bear junction. Will a break be found this time?
Bitcoin aSOPR Is Currently Doing Another Rest Of 1.0 Level
As per the latest weekly report from Glassnode, a successful retest here could suggest a meaningful regime shift in the BTC market. The “Spent Output Profit Ratio” (SOPR) is an indicator that tells us whether Bitcoin investors are selling their coins at a profit or at a loss right
Read more »