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

Originally published at: https://www.channel-sea.cc/is-the-bitcoin-bottom-in-heres-what-sopr-data-says-newsbtc/

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 Again As explained by an analyst in a CryptoQuant post, the current BTC SOPR pattern may look similar to that around the bottom…