CoinScoopBitcoin SOPR Indicator Breaks 11-Month Downtrend, Signaling Potential Cycle Reversal
Bitcoin's Spent Output Profit Ratio (SOPR) has surpassed an 11-month resistance level. This breakout suggests a possible shift in the market cycle, which may bolster investor confidence and drive increased trading activity.
Summaries are written by AI from the original article. Not investment advice.