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?

$BTC

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