Did Bitcoin Hit Bottom at $92K? Three Key BTC Charts Indicate Bullish Trend Ahead
Bitcoin experienced an 11% drop from January 7 to 9, falling below $92,000 due to profit-taking and Market uncertainty surrounding U.S. politics. This decline resulted in over $257.5 million in liquidations of leveraged long positions. However, several indicators suggest that this drop could signal a potential buying opportunity. The Spent Output Profit Ratio (SOPR) fell ...
