“Buy The Dip” Signal Flashes for 1st Time in 5 Months
The last time the Bitcoin Spent Output Profit Ratio (SOPR) flashed green was 5 months ago when the price was @ $10000. Price is now right below $44K
Bitcoin sell-off over? Strong ‘buy the dip’ signal flashes for the first time in 5 months
“In the meantime, Bitcoin traders are keeping a close eye on the $44,000-$45,000 level. Trader Willy Woo, for instance, says the $45K level is very strong support and expects any dips below this level to be bought up aggressively should they occur.”
