The Bitcoin on-chain data is showing that sentiment is highly bullish in the current market. The Short-term Output Profit Ratio (SOPR) metric, which indicates the behavior of market participants, has just flashed a highly bullish signal. Analysts are comparing the metric’s current level to market conditions from last year that marked the bottom of the The post Incoming Bullish Signal Spotted On Bitcoin’s On-chain metrics appeared first on CoinGape.
$285 Million in Bitcoin Shorts Wiped Out
