Bitcoin nears $95k: Why SOPR metrics hint at BTC profit-taking?

Adewale Olarinde

 

As of this writing, BTC was slumping for the fourth day.
SOPR, however, shows positive trends from LTH.

As Bitcoin[BTC] hovered near $94,000, the Spent Output Profit Ratio (SOPR) and

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Bitcoin nears $95k: Why SOPR metrics hint at BTC profit-taking?