Bitcoin Market Profitability Hits ‘Complete Reset’ — What’s Next For Price?

Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend. However, the latest on-chain data suggests that the premier cryptocurrency might be readying for its next healthy upward move.
BTC SOPR Drops To Lowest Level Since Early 2024
In a December 6 post on the X platform, CryptoOnchain hypothesized that a local bottom appears to be forming for the price of Bitcoin. According to the market p