Bitcoin profit metric eyes 2-year lows in 'complete reset:' BTC analysis - Source: CoinTelegraph

Bitcoin has seen a “complete reset” of sell pressure after dropping below $90,000, says new research.

Key points:

• -Bitcoin long-term holders have reset their selling habits as BTC price action returns below $90,000.

• -A derivative of the popular SOPR metric is now tapping its lowest levels since early 2024.

• -Recent price moves have resulted in some classic knee-jerk trading decisions by short-term holders.

Story continues: https://cointelegraph.com/news/bitcoin-profit-metric-eyes-2-year-lows-in-complete-reset-btc-analysis