Bitcoin Price Correction Imminent: ASOPR and 200-Day MA Indicators Signal Possible Downtrend

Bitcoin is currently facing the potential for a notable price correction, according to a recent analysis by CryptoQuant experts. Recent metrics, such as the Adjusted Spent Output Profit Ratio (ASOPR), indicate important implications for Bitcoin’s market trajectory. Analysts have highlighted historical patterns within ASOPR and other technical indicators that investors should be aware of. Explore

Source: CoinOtag