BITCOIN SOPR SIGNALS BULLISH TRENDS
• Bitcoin's Spent Output Profit Ratio (SOPR) is currently at 1.03, indicating a 3% average gain when coins are spent.
• This suggests a strong bullish trend, as SOPR has been above 1 for several days, indicating a majority of coins are being sold at a profit.
• SOPR has been steadily increasing, with a 24-hour change of +0.02, indicating a growing trend of coins being sold at a profit.
• Check live prices to see if BTC continues to trend upwards, with current price at $81,196.00 (+6.2% 24h).
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• Bitcoin's Spent Output Profit Ratio (SOPR) is currently at 1.03, indicating a 3% average gain when coins are spent.
• This suggests a strong bullish trend, as SOPR has been above 1 for several days, indicating a majority of coins are being sold at a profit.
• SOPR has been steadily increasing, with a 24-hour change of +0.02, indicating a growing trend of coins being sold at a profit.
• Check live prices to see if BTC continues to trend upwards, with current price at $81,196.00 (+6.2% 24h).
👍 Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH
