GLASSNODE:BTC_SOPR
Bitcoin: The Spent Output Profit Ratio (SOPR) is computed by dividing the realized value (in USD) divided by the value at creation (USD) of a spent output. Or simply: price sold / price paid
Besides those from previous idea, also:
- BTC_SOPR hits 1.01 after consistently below 1 during Bear market
ibb.co/s3XxQGK
- 111 SMA starts positive uptrend during Bear market, on 1D
ibb.co/jGg2Bv6
- MVRV-Z hits .2 after hits -.2, on 1D (1 week later)
ibb.co/Kb5HCHS
- Puell hits .75 after being in green zone, on 1D
ibb.co/Yf6J0k9
