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Bitcoin bull run expected as exhausted bears sell at a loss – Reports

Bitcoin bull run expected as exhausted bears sell at a loss – Reports



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  1. tldr; Bitcoin bears are “exhausted” and are even selling at a loss this week, according to Philip Swift, an analyst at trading platform Decentrader. Swift noted that the spent output profit ratio (SOPR) has flipped to “buy” for the first time since July last week. The SOPR is a classic metric for determining oversold periods on Bitcoin markets among other things.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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