aSOPR and Binary CDD Indicate Potential Market Bottom for Bitcoin
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The post aSOPR and Binary CDD Indicate Potential Market Bottom for Bitcoin appeared first on Coinpedia Fintech News Current on-chain metrics suggest a possible market bottom for Bitcoin. The Adjusted Spent Output Profit Ratio (aSOPR) is at 0.99831902, down 0.96% in the last 24 hours, indicating that more investors are selling at a loss. Typically, this behavior is observed during bear market lows. However, the Binary Coin Days Destroyed (CDD) is at 0.14285714, …
Source: coinpedia
