The dip in the on-chain spent output ratio could be a warning of a deeper correction. Bitcoin’s [BTC] SOPR metric formed yet another peak, and investors have reason to fear market volatility. The past ...
A key indicator to track on-chain spending behavior and current market sentiment is the Spent Output Profit Ratio (SOPR). SOPR is calculated by dividing the realized value of a spent output (in USD) ...
A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may be near for the asset, if not already in. Bitcoin SOPR Ratio Is Forming A Historical Top Pattern ...
It could be the kind of reset that BTC has seen multiple times during bull markets. The spent output profit ratio (SOPR) indicates how profitable the market participants are. The 7-day EMA peaked at 3 ...
The Bitcoin halving is not that significant for price, though on-chain metrics suggest that Bitcoin hasn't quite reached bear ...
CryptoQuant analyst CoinLupin observes that Bitcoin has reached the support zone in the Short-Term Holder Spent Output Profit ...
This could serve as a lifeline, buoying Bitcoin against the storm. Central to the discussion is the Short-Term Holder Spent Output Profit Ratio (STH-SOPR). This mouthful of an acronym essentially ...
Bitcoin withdrawals from exchanges hit a record high, signaling a significant accumulation phase amidst market fluctuations.
As the countdown to Bitcoin’s much-anticipated halving dwindles, the cryptocurrency market finds itself engulfed in a whirlwind of volatility. With only 542 blocks remaining until the event, Bitcoin’s ...