Bored with Bitcoin? The BTC bull run is about to return, this indicator says By Cointelegraph

Bored with Bitcoin? The BTC bull run is about to return, this indicator says

(BTC) hodlers hoping for a return to the bull run may not have long to wait, as a popular indicator gives cause for optimism.

As compiled by on-chain monitoring resource Glassnode, data from the Bitcoin spent output profit ratio (SOPR) suggests that the current BTC price correction is almost complete.

Bitcoin SOPR chart with “resets” highlighted. Source: CryptoHamster/TwitterGrayscale BTC holdings. Source: Bybt.com

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