Bitcoin Holders Show Confidence: What’s Next?
Bitcoin’s price is down, but a key metric (SOPR) shows long-term holders are still selling at a profit. This suggests they believe in the market’s strength.
When SOPR is above 1, it means holders are making profits. Right now, there’s no big sell-off, keeping Bitcoin’s price steady.
Current price: $94,019, (-1.8% in 24 hours).
Does this mean Bitcoin could grow stronger soon?