Bitcoin reached $97,000 with a slight return and the SOPR (Spent Output Profit Ratio) index shows that there is less selling pressure than in the past. Considering that the current correction period has lasted more than a month, it is expected that the upward trend will continue in the first quarter of 2025.

Very interesting! With Bitcoin reaching $97,000 and the SOPR indicator showing less selling pressure than in the past, it seems reasonable to predict an uptrend in Q1 2025.

The SOPR (Sell-Out Profit Ratio) indicator looks at the amount of profit or loss that is available on each sale and can be used as a tool to examine market behavior and market sentiment.