BTC price and SOPR STDev bands

SOPR (Spent Output Profit Ratio) quantifies the on-chain profit or loss for all coin transactions. Three standard deviation bands (3 sigma) are plotted, computed from a dataset spanning the past 3200 days. It's important to note that altering the dataset will result in a broader or narrower distribution, potentially affecting the interpretation of the data.
Data source: Glassnode.
Data source: Glassnode.
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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.