2/ SOPR (SPENT OUTPUT PROFIT RATIO): it is the ratio between the value of the UTXO when created and when the UTXO is spent.

Greater than 1 -> Bullish

Lower than 1 -> Bearish

On 01-11-23 this indicator is triggered. Chart shows a changing trend from less than 1 to more than 1.

I use 14D moving average. For more noise try 7D

https://studio.glassnode.com/metrics?%253Bm=indicators.Sopr&%3B%253BmAvg=7&%3B%253Bs=1423829821&%3B%253Bu=1581509821&%3B%253Bzoom=1825&%3Ba=BTC&%3Bm=indicators.Sopr&a=BTC&ema=0&m=indicators.Sopr&mAvg=14&mMedian=0&s=1590969600&u=1676501999&zoom=

1/ In this thread 🧵 I want to show you some good on chain #Bitcoin indicators to know where the price is at the cycle.

I’ll do in the order the indicator was triggered.

Remember 11-09-22 Bitcoin bottom was $15,682 (I think it’s this cycle bottom, I hope so)

Never gonna give you up never gonna let you down never gonna run around and desert you

From 0 to 21 sats -> small vibration

From 21 to 1.000 sats -> medium vibration

From 1.000 to 100.000 sats -> big vibration

From 100.000 to 100.000.000 sats -> orgasmous vibration

#zap ⚡

Hiking rates and injecting money is like putting air conditioning and heat machine at once. WTF

Arbitrum airdrop next thursday:

https://etherscan.io/block/countdown/16890400

Check eligibility:

https://arbitrum.foundation

#arbitrum $ARB

Seems to be like $UNI airdrop 2 years ago

Swiss government providing liquidity as Credit Suisse demand 🤷🏻‍♂️

Me esperaba menos de este pod por la temática y por mis prejuicios. Muy bueno. @chainalysis hace su trabajo y corresponde a otros actores decidir qué es bueno para nosotros (nótese la ironía) y lo que no lo es. Es necesario q existan estas empresas (hay delitos muy serios q se pueden llegar a visualizar) y es lícito que nosotros busquemos coinjoint y otros medios para romper esas deterministicas. El juego del gato y el ratón.

I told you.

Remind me in 2 years 😊

Well aged #[2]

CPI USA 6.0% like expected.

+0% rates hikes on March?

This week I’ll release a thread 🧵about #Bitcoin on-chain indicators. Stay tuned

Esta semana lanzaré un hilo 🧵sobre indicadores on-chain de #Bitcoin. Estén atentos

Which fundamentals of #Bitcoin changed today?

Keep the party alive my fren

Listado extenso de herramientas enfocadas en la privacidad 👇 #[0]

Excelente recopilacion 👌

Best coffee ever

#USDC recuperando ya la paridad con el dólar

Undoxxed.

https://void.cat/d/EyoRBu8acr16vd3HtmRqTK.webp

Great content. ⚡️Zap