BITCOIN'S SPENT OUTPUT AGE BANDS SIGNAL BULLISHNESS đą
âą The Spent Output Age Bands (SOAB) metric measures the percentage of spent outputs created within a specified age band, currently showing a spike in activity from coins held for 1-2 years.
âą This indicates a shift in investor behavior, with long-term holders moving their coins, potentially signaling a bullish trend.
âą The current price of Bitcoin ($84,339) is also supported by the SOPR (Spent Output Profit Ratio) metric, which has turned bullish, indicating that spent coins are being sold at a profit.
âą Are you buying the dip? đą
đ Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH
âą The Spent Output Age Bands (SOAB) metric measures the percentage of spent outputs created within a specified age band, currently showing a spike in activity from coins held for 1-2 years.
âą This indicates a shift in investor behavior, with long-term holders moving their coins, potentially signaling a bullish trend.
âą The current price of Bitcoin ($84,339) is also supported by the SOPR (Spent Output Profit Ratio) metric, which has turned bullish, indicating that spent coins are being sold at a profit.
âą Are you buying the dip? đą
đ Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH
