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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