Thursday, June 6, 2024

aSOPR

Bitcoin Market At Decision Point: aSOPR Retests Crucial Level

The Bitcoin market may be close to a decision point as on-chain data shows the Adjusted Spent Output Profit Ratio (aSOPR) is retesting the 1.0 level. Bitcoin aSOPR Has Declined Towards A Value Of 1.0 Recently According to the latest...

Bitcoin aSOPR Retests Bear-Bull Junction, End Of Resistance?

Data shows the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR) is retesting the historical bull-bear junction. Will a break be found this time? Bitcoin aSOPR Is Currently Doing Another Rest Of 1.0 Level As per the latest weekly report from...

Is The Bitcoin Bottom In? Here’s What aSOPR Metric Suggests

A quant has explained using past trends of the Bitcoin adjusted Spent Output Profit Ratio (aSOPR) whether the current cycle has yet met all the bottom conditions. Bitcoin aSOPR EMAs Are Approaching Golden Cross As an analyst in a CryptoQuant...

Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows

On-chain data shows the Bitcoin aSOPR metric has dropped to lows not seen since December 2018, suggesting that holder capitulation is deepening. Bitcoin aSOPR Plummets To Lows Not Observed Since Almost 4 Years Ago As pointed out by an analyst...

Bitcoin aSOPR Profit-Loss Junction Continues To Act As Resistance

On-chain data shows the Bitcoin aSOPR profit-loss junction has continued...

Bitcoin aSOPR Rebounds From “1” As Weakness Remains In Market

Data shows the Bitcoin aSOPR has recently been rejected from the neutral level as weakness continues to clutch the market. Bitcoin aSOPR Rebounds From The “1” Mark As Investors Sell The Rally As per the latest weekly report from Glassnode,...

Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction

On-chain data shows the Bitcoin aSOPR indicator has found resistance at the historical junction between bull and bear markets. Bitcoin aSOPR Fails Retest Of The “Value=1” Line As pointed out by an analyst in a CryptoQuant post, the BTC aSOPR...
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Crypto Whales Activity: Will the Shiba Inu Price Rise Once Again? – The Market Periodical

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