The Bitcoin metric that flipped green just before $50K BTC price bull run is back By Cointelegraph

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The Bitcoin metric that flipped green just before $50K BTC price bull run is back

(BTC) speculators have been selling at a loss, and this week presents a golden buying opportunity, analysts say.

Data shows Bitcoin’s spent output profit ratio (SOPR) flipped negative for the first time in six weeks on Wednesday.

Bitcoin SOPR chart. Source: Decentrader