Crypto News Bulletin from bitcoinist

Tuesday March 2, 2021 11:59 AM
1 day 21 hours ago

New Indicators Point to Bitcoin Sell-off Slowing Down


New Indicators Point to Bitcoin Sell-off Slow Down As Bitcoin recovers from recent lows of $43,500, new indicators have shown that the sell-off may be slowing down. SOPR dips in “full reset” For the first time since September 2020, the SOPR (Spent Output Profit Ratio) indicator dipped below 1. This indicator, which tracks the variation between purchasing price and sale price, is used to represent overall market profit and loss. A value greater than 1 […]

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