Bitcoin SOPR Nears Vital Retest, Will Bulls Find Victory?

On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) is nearing a retest of a very important line. Will the bulls be able to come out on top? Bitcoin SOPR Again Nears The Bull-Bear Junctio...

Bitcoin’s SOPR at a three-year low means this for your investment

BTC’s SOPR fell to a three-year low. Coins remain idle on the BTC network, and whales have slowed accumulation.  The leading coin Bitcoin [BTC] is set to close the trading year within the $16,500 – $1...

BTC records Largest capitulation as SOPR hits lowest since 2018

The  Adjusted Spent Output Profit Ratio (aSOPR), a metric that indicates whether holders are selling at a profit or loss recorded a downward trajectory below the 1-level, which suggests investors are ...

BTC losses get real as Bitcoin SOPR metric hits lowest since March 2020

Bitcoin (BTC) sellers are nursing their largest overall losses since March 2020, one on-chain metric suggests. Data from on-chain analytics firm Glassnode confirms that Bitcoin’s spent output profit r...

BTC On-Chain Analysis: SOPR Struggles to Return to Positive Territory

In today’s on-chain analysis, BeInCrypto looks at the SOPR ratio and its derivatives. The goal is to determine whether Bitcoin (BTC) market participants are likely to return to profit in the coming we...

The Merge is causing a divergence between Ethereum and Bitcoin SOPR

The overall market sentiment is usually determined by looking at long-term market behavior. However, while zooming out can put current market conditions into a much better perspective, sometimes the m...

Bitcoin (BTC) on-Chain Analysis: SOPR Reaches Capitulation Levels

Be[In]Crypto takes a look at Bitcoin (BTC) on-chain indicators, specifically the Spent Output Profit Ratio (SOPR) and the RHODL Ratio. BTC SOPR SOPR is an on-chain indicator that depicts whether if th...

Bitcoin (BTC) On-Chain Analysis: SOPR Has Not Yet Reached Capitulation Levels

Be[In]Crypto takes a look at bitcoin (BTC) on-chain indicators, specifically the Spent Output Profit Ratio (SOPR) and the RHODL Ratio. Bitcoin SOPR SOPR is an on-chain indicator that shows if the mark...

Bitcoin Selling Pressure Continues As Long-Term Holder SOPR Spikes Up

On-chain data shows the Bitcoin long-term holder SOPR has recently observed spikes, suggesting that this cohort is still continuing to sell. Bitcoin Long-Term Holder SOPR Spiked Up When Price Crossed ...

Bitcoin SOPR Suggests Market Nowhere Near The Bottom

According to on-chain data, current Bitcoin SOPR trend suggests the market may be nowhere near the price bottom. Bitcoin SOPR Still Some Distance Above The “One” Level As pointed out by an analyst in ...

Bitcoin STH SOPR Breaks Above 1 For First Time Since December

On-chain data shows the Bitcoin short-term holder SOPR has broken above one for the first time since December 2021. Bitcoin Short-Term Holders Return To Profit Once Again As pointed out by an analyst ...

Short-Term Holder SOPR Gives Bullish Signal: BTC On-Chain Analysis

The Spent Output Profit Ratio (SOPR) is an on-chain analysis indicator that gives an overall view of the behavior of Bitcoin market participants. In recent days, interesting things have happened on th...

Is The Bitcoin Bottom In? Here’s What SOPR Data Says

Bitcoin has continued its rally breaking above $42k today, making many wonder whether $33k was the bottom. Here’s what the SOPR data says about it. Bitcoin Short-Term Holder SOPR Starts Turning Green ...

SOPR Gives Bearish Long-Term Signal: Bitcoin (BTC) On-Chain Analysis

BeInCrypto takes a look at on-chain indicators for Bitcoin (BTC), more specifically the Spent Output Profit Ratio (SOPR) in order to isolate patterns relative to prior bullish cycles. What is SOPR? SO...

SOPR Shows Bitcoin Holders Continue To Sell At A Loss, Similar To May-June 2021

The on-chain indicator SOPR suggests that Bitcoin holders have continued to sell at a loss for a while now. This behavior is similar to what was seen during the May-June 2021 mini-bear period. Bitcoin...