Tag Archives: Bitcoin aSOPR

Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next?

Posted on by — No Comments ↓

Over the past week, the Bitcoin market experienced new waves of liquidations with prices dropping to around $81,000 on Thursday. Though the premier cryptocurrency has seen a slight rebound since then, bearish sentiments remain dominant with analysts expecting a potential decline to as low as $56,000. Amid this recent correction, a developing on-chain situation has reached… Continue reading Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next?→

Is Bitcoin Yet To Top In This Cycle? What aSOPR Suggests

Posted on by — No Comments ↓

Bitcoin has been in freefall recently, but this popular indicator is yet to reach the same highs as the last two cycles. Is the real top still ahead for the asset? Bitcoin aSOPR Has Been Consolidating For The Last Two Years As pointed out by an analyst in a CryptoQuant Quicktake Spent Output Profit Ratio… Continue reading Is Bitcoin Yet To Top In This Cycle? What aSOPR Suggests→