2 hours ago

Bitcoin STH SOPR Nears 1.0 as Short-Term Holders Face Critical Market Decision

TLDR: Bitcoin’s STH SOPR is nearing 1.0, placing short-term holders at a key decision point between selling or holding. Historical patterns show repeated SOPR tests near 1.0 often occur before a sustained market trend shift emerges. A successful reclaim above 1.0 may support continued upside, while rejection could extend consolidation. Recent price recovery has brought [...]

The post Bitcoin STH SOPR Nears 1.0 as Short-Term Holders Face Critical Market Decision appeared first on Blockonomi.

Source: Blockonomi →