cryptoonchain

SOPR: Bitcoin still has a downtrand bias

BITSTAMP:BTCUSD   Bitcoin
I recently published BTC-leading SOPR. You can find it at the following link:
According to this chain metric, bitcoin still has a downward bias. This metric has also never descended overlow area in this cycle. This means that the bottom has not yet occurred.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.