Tags : Indicators

Bitcoin

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 […]Read More

Bitcoin

More Capital Ready to Enter Bitcoin, Reveals On-Chain Indicators

A technical bias conflict in the Bitcoin market is looking to influential on-chain indicators for cues—and most of them are favoring bulls. Leisl Eichholz, an analyst at blockchain analytics platform Glassnode, listed a flurry of upside cues for Bitcoin, including a so-called Stablecoin Supply Ratio (SSR) that signals a rally ahead in the cryptocurrency market. […]Read More