CryptoBullishBlockonomi · 4h ago7/10
⛓️
Is the Bitcoin Bottom Near? Three On-Chain Indicators Suggest the Market Structure Is Shifting
On-chain analysis reveals three technical indicators suggesting Bitcoin may be approaching a market bottom: the LTH-SOPR to STH-SOPR ratio has declined sharply indicating long-term holders are no longer taking large profits, Bitcoin's Supply in Profit has fallen to 47% matching historical bear market floors, and price is approaching the 200-week moving average and Realized Price support levels from previous cycles.
$BTC