Short-Term Holders Profit: CryptoQuant's STH SOPR Indicator Signals Strong Demand for Bitcoin

Bitcoin Short-Term Holders Lock In Gains: Data Suggests The Bull Trend Remains Intact

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is approaching a pivotal moment as it consolidates just below the $110,000 mark, holding strong while flirting with the possibility of a breakout. After weeks of steady upward momentum, BTC is now facing a key resistance zone that could determine the... The post Bitcoin Short-Term Holders Lock In Gains: Data Suggests The Bull Trend Remains…

Short-Term Holders Profit: CryptoQuant's STH SOPR Indicator Signals Strong Demand for Bitcoin

The post Short-Term Holders Profit: CryptoQuant’s STH SOPR Indicator Signals Strong Demand for Bitcoin appeared on BitcoinEthereumNews.com. COINOTAG reports that on May 29th, prominent analyst Axel Adler Jr from CryptoQuant highlighted the recent surge in the Short-Term Holder Spent Output Profit Ratio (STH SOPR). The 30-day moving average of this indicator has touched a noteworthy peak, signaling that short-term investors are increasingly reali…