BitcoinBitcoin Data Turns Cautious: Supply Rises
Bitcoin data turns cautious as supply rises, but SOPR remains below 1.0. The long-term holder cohort is expanding, but the market structure is cautious.
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2 articles tagged with “sopr”
BitcoinBitcoin data turns cautious as supply rises, but SOPR remains below 1.0. The long-term holder cohort is expanding, but the market structure is cautious.
BitcoinBitcoin SOPR indicates concerning capitulation levels as long-term holders sell at a loss. This trend has been observed since March 11, with the SOPR dipping below 0.80 on seven occasions.