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Bitcoinist
2023-02-10 15:30:39

Bitcoin SOPR Nears Vital Retest, Will Bulls Find Victory?

Bitcoin SOPR Nears Vital Retest, Will Bulls Find Victory?

On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) is nearing a retest of a very important line. Will the bulls be able to come out on top? Bitcoin SOPR Again Nears The Bull-Bear Junction Retest As pointed out by an analyst in a CryptoQuant post, the SOPR is approaching a value of 1.

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