Bitcoin’s Next All-Time High Could Be Close—2 Indicators Signal More Upside

Bitcoin price has surged close to 7% over the past week, a sharp move even for the OG crypto. The rally’s pace is drawing comparisons to the last push before its July 14 all-time high (ATH) at $122,838. However, a closer look at both on-chain and technical indicators shows that this time, market conditions are noticeably different and potentially more favorable for another leg up. SOPR Suggests This Rally Has Room to Breathe The Short-Term Holder Spent Output Profit Ratio (SOPR) measures whether coins moved on-chain are being sold at a profit or a loss source: https://beincrypto.com/bitcoin-price-new-ath-two-signals/