Skip to content

SOPR metric analysis

Bitcoin Faces Correction Risk as On-Chain Metrics Signal Profit-Taking

Bitcoin may be approaching a price correction as key on-chain indicators show long-term holders locking in profits and whales increasing exchange deposits. Elevated metrics historically associated with market pullbacks suggest potential downward pressure, with critical support levels emerging near $116,500.… Read More »Bitcoin Faces Correction Risk as On-Chain Metrics Signal Profit-Taking