Bitcoin STH SOPR Breaks Above 1 For First Time Since December – NewsBTC

When the value of the Bitcoin SOPR is less than one, it means investors are, on an average, selling at a loss at the moment.

As you can see in the above graph, the Bitcoin STH SOPR has broken above one once again over the last few days.

But also, because of it being a break-even point, it has also acted as resistance before.

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.

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