3 days ago

Bitcoin’s On-Chain Reset: STH MVRV And aSOPR Signal Potential Bottom Ahead

TLDR: STH MVRV fell to 0.75-0.80, a zone that historically precedes Bitcoin local bottoms Descending MVRV channel since 2024 signals fading demand momentum despite oversold readings aSOPR 7-day average nears 0.96 support, marking seller-exhaustion zones since 2019 Bitcoin trades near $63,271, consolidating as trader eyes short above 64,000-64,500 range Bitcoin is approaching a price zone [...]

The post Bitcoin’s On-Chain Reset: STH MVRV And aSOPR Signal Potential Bottom Ahead appeared first on Blockonomi.

Source: Blockonomi →