Is the Bitcoin Bottom Near? Three On-Chain Indicators Suggest the Market Structure Is Shifting

TLDR: The LTH-SOPR to STH-SOPR ratio has dropped sharply, showing long-term holders are no longer booking large profits. Bitcoin’s Supply in Profit has fallen to 47%, matching levels historically seen at the floor of past bear markets. Bitcoin is approaching the 200-week moving average and Realized Price, two key support zones from prior cycles. Capital [...]

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