Bitcoin On-Chain Signal Points to Potential Market Bottom
Bitcoin
A rare Bitcoin on-chain signal has emerged, suggesting the cryptocurrency market could be approaching the end of its prolonged downturn despite growing signs of investor capitulation. CryptoQuant analyst Crypto Dan highlighted a sharp decline in the Bitcoin LTH-SOPR/STH-SOPR ratio, an indicator comparing the profitability of long-term holders with that of short-term investors.
BTC
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