NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions

Why Pain May Not Be Over For Bitcoin Holders Just Yet

Keshav Verma
Keshav Verma
Last Updated: June 11, 2024 2:21 pm
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Past trend of the Bitcoin long-term holder SOPR (EMA 30) may suggest that BTC holders may face more pain in the coming months.

Bitcoin Long-Term Holder SOPR Has Dropped Below “One” Recently

As explained by an analyst in a CryptoQuant post, BTC investors may be in for a frustrating few months if history is anything to go by.

The “spent output profit ratio” (or SOPR in short) is an indicator that tells us whether Bitcoin investors are selling at a profit or at a loss right now.

The metric works by going through the transaction history of each coin being sold on the chain, to see what price it was last moved at.

If the previous selling price of any coin was less than the current value of BTC, then the coin has just been sold for a profit.

On the other hand, the past value being more than the latest price of the crypto would imply the coin has moved at a loss.

When the value of the SOPR is greater than one, it means the overall Bitcoin market is selling at a profit right now.

Related Reading | Bitcoin Coinbase Premium Gap Approaches Zero, Selloff Ending?

On the other hand, values of the indicator less than one imply investors as a whole are realizing some loss at the moment.

Now, the “long-term holder” (LTH) group includes any Bitcoin investor who has been holding their coins since at least 155 days ago without moving or selling.

The below chart shows the trend in the SOPR over the history of the crypto specifically for these LTHs.

Bitcoin Long-Term Holder SOPR

Looks like the 30-day exponential-MA value of the indicator has gone down recently | Source: CryptoQuant

In the above graph, the quant has highlighted all the regions of relevant trend for the Bitcoin long-term holder SOPR.

It seems like during past bottoms, the indicator’s EMA-30 value has gone below one and trended sideways there for a while (except for the COVID-19 crash, where the metric didn’t stay in the zone for too long).

Related Reading | Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead?

Recently, the LTH SOPR’s value has once again gone below one, suggesting long-term holders are realizing losses right now.

The analyst notes that while such capitulation events have historically lead to bottom formations, it may still be a while, even months, before a low is actually found.

BTC Price

At the time of writing, Bitcoin’s price floats around $21.4k, up 11% in the past week. Here is a chart that shows the trend in the value of the coin over the last five days:

Bitcoin Price Chart

The price of the coin seems to have surged up over the last few days | Source: BTCUSD on TradingView
Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, CryptoQuant.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

CoinPoker подписал Ника Эйрболла: новый амбассадор хайстейкс-покера и розыгрыш $13 500

CoinPoker подписал Ника Эйрболла: новый амбассадор хайстейкс-покера и розыгрыш $13 500

CoinPoker объявил о партнерстве с Ником Эйрболлом — одним из самых узнаваемых игроков в дорогих кеш-играх последних лет. Анонс сотрудничества...

Марина Орлова 2 hours ago
JemLit (5)

Γιορτινές αγορές χωρίς ρίσκο: Πώς το Jemlit ενώνει Χριστούγεννα, Πρωτοχρονιά και έξυπνα δώρα

Οι γιορτές είναι συνδεδεμένες με χαρά, ξεκούραση και στιγμές με αγαπημένα πρόσωπα, όμως για πολλούς συνοδεύονται και από άγχος. Οι...

Ανθή Ντόνκοβα 2 hours ago
Ставка на апгрейд Биткоина: инвесторы перекладываются в Bitcoin Hyper

Ставка на апгрейд Биткоина: инвесторы перекладываются в Bitcoin Hyper

Биткоин к середине декабря 2025 года снова торгуется в режиме «нервного ожидания»: после октябрьского пика рынок увидел заметную коррекцию, а...

Марина Орлова 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

ripple xrp xrpusd (2)

Why XRP Isn’t Reacting to Major Institutional and Regional Developments

James Halver 40 minutes ago
Fusaka Upgrade, ETHB’s SEC Review en Nieuwe ATH

Ethereum 2026: Fusaka Upgrade, ETHB’s SEC Review en Nieuwe ATH

Lars Diederiksen 1 hour ago
Bitcoin

Why Did The Bitcoin, Ethereum, And XRP Prices Crash, And Will It Continue?

Scott Matherson 2 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展開は?落ち着いた相場が示す潜在的な転換点

    ドージコイン...

    3 hours ago
  • リップル 今後のXRP価格予想(2025年):ETF資金流入の拡大とXRPL v3.0.0導入の影響

    リップル...

    3 hours ago
  • MaxiDoge Crypto

    仮想通貨...

    3 hours ago
  • 仮想通貨 1000倍候補?Bitcoin Hyperが専門家に「爆発的成長」を予想される理由とは

    ico 仮想通貨の長期視点で注目されるBitcoin...

    3 hours ago
  • Best Meme Coin

    仮想通貨...

    3 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.