BBitcoin: 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

Long

More BTC indicators show bull market start

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

Related publications

BTC indicators for start of bull market

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