TechFlow news, January 10 — According to CoinDesk, analysts pointed out that when Bitcoin's price approaches $95,000, the market may enter a golden period for buying.
On-chain data shows that as of Friday, Bitcoin's Spent Output Profit Ratio (SOPR) has risen to 0.987. Historically, such situations typically occur before price recoveries, indicating potential buying opportunities. Other closely watched cyclical indicators, such as Market Value to Realized Value (MVRV) and Puell Multiple, along with the fact that short-term holders still account for only 60%, all suggest that the market has not yet reached its peak.
Add to Favorites
Share to Social Media
