Bitcoin’s Short-Term Holder Spent Output Profit Ratio (SOPR) has dipped below 1, signaling that short-term holders are currently selling at a loss. This might seem worrying at first glance, but historical trends suggest it’s not a cause for panic.
In previous cycles, when SOPR falls and panic selling ensues, Bitcoin has often experienced a sharp rebound shortly afterward. These dips typically mark the end of a selling phase, setting the stage for substantial price recovery.
Experts suggest that the market is still in its early stages of recovery. For investors, the current environment presents an opportunity to remain patient, as the market has a history of rewarding those who hold steady during periods of uncertainty.
With the market still finding its footing, now may be the time for long-term holders to stay the course. This pattern of price action has consistently led to significant upside in the past.
$BTC #BTC☀
