Bored with Bitcoin? The BTC bull run is about to return, this indicator says

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Bitcoin (BTC) hodlers hoping for a return to the bull run may not have long to wait, as a popular indicator gives cause for optimism.

As compiled by on-chain monitoring resource Glassnode, data from the Bitcoin spent output profit ratio (SOPR) suggests that the current BTC price correction is almost complete.

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The SOPR tracks the percentage of coins being moved that are in profit — in other words, whether hodlers are selling at a profit or loss.