News with the tag "SOPR"

While Bitcoin ‘s recent upward movements were quite remarkable after struggling with bearish pressure for weeks, the flagship asset’s uptrend was short-lived, leading to a pullback to the $85,200 threshold. During the fluctuating performance, investors seem to have lost interest in BTC as there was ...

According to a recent Quicktake post by CryptoQuant analyst abramchart, short-term Bitcoin (BTC) investors are incurring losses, suggesting that the crypto market may have hit its bottom and a trend reversal could be on the horizon. Has Bitcoin Bottomed? Bitcoin experienced significant volatility ov...

On-chain data shows a Bitcoin indicator is currently retesting a level that has historically acted as a boundary line between bearish and bullish momentum. Bitcoin Short-Term Holder SOPR Is Retesting 1.0 Right Now In a new post on X, the on-chain analytics firm Glassnode has discussed about the late...

Is Bitcoin on the verge of a significant price movement? All eyes in the crypto market are glued to a crucial on-chain metric: the Bitcoin SOPR for short-term holders (STH). According to recent analysis from Glassnode, this key indicator is once again flirting with the pivotal 1.0 breakeven level. W...

Following a brief ascent above $99,000 on Friday, the Bitcoin market experienced a negative end to the past trading week as prices crashed below $96,000 in a sharp descent. Based on these happenings, the premier cryptocurrency remains in consolidation with little indication of its long-term price mo...

Bitcoin Short-Term Holders Selling at a Loss: What It Means for the Market In a recent analysis shared by Markfost , Bitcoin’s Spent Output Profit Ratio (SOPR) for short-term holders (STHs) has entered negative territory. This shift indicates that investors who have held Bitcoin for less than 155 da...

Heightened bearish conditions within the market have hindered Bitcoin ‘s upward momentum, causing the digital asset to drop below the $90,000 price level. Despite the persistent volatility in the past few days, retail activity has shown a remarkable performance, reflecting growing optimism among the...

Following a mild price rebound in the past week, Bitcoin (BTC) has surged above 98,000 with the market bulls aiming for a return to the $100,000 price zone. Interestingly, a report from CryptoQuant analyst Darkfost has revealed an increase in short-term holders’ demand that has coincided with this r...

Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and ma...

Bitcoin , the largest cryptocurrency asset, is surging significantly again, with growing expectations of the asset hitting the much-awaited $100,000 price level. While BTC’s renewed upside momentum has sparked the notion that the $100,000 mark could be on the horizon, there are factors that may be a...