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CoinGape
2021-01-24 07:20:35

No More Bitcoin (BTC) Selling As On-Chain SOPR Resets to 1

The possibility of any more Bitcoin (BTC) selling further seems to be negligible as of the current price levels. The on-chain SOPR (Spent Output Profit Ratio) indicator presented by Glassnode shows that it has reset to 1 after the recent price correction earlier this week. The SOPR indicator serves as a proxy to determine the The post No More Bitcoin (BTC) Selling As On-Chain SOPR Resets to 1 appeared first on Coingape.

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