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 →Related News
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