Bitcoin (BTC) Price Shows 'Text Book' Accumulation Pattern, Suggesting aSOPR Low Is the Right Time to Buy

Bitcoin's low aSOPR suggests it's an ideal time for long-term accumulation. Smart investors accumulate Bitcoin when aSOPR stays below 1.04 for long-term gains.

Bitcoin price dropped sharply on Monday after hitting a recent high of $69,000 last week. However, a closer look at on-chain metrics suggests that this might be the perfect time for accumulation. According to CryptoQuant’s verified author Woominkyu, the Adjusted Spent Output Profit Ratio (aSOPR) indicates Bitcoin is in a key accumulation phase, signaling a potential price surge soon.

Bitcoin price is showing signs of slowing down after a recent surge. However, on-chain metrics suggest that this might be the perfect time for accumulation. One important tool is the Adjusted Spent Output Profit Ratio (aSOPR), a metric that measures the profit or loss made on spent Bitcoin transactions. When this figure exceeds 1.08, it typically indicates that whales, or large-scale investors, are taking profits, marking market tops. This is often a sign that the price may peak, prompting cautious traders to anticipate corrections.

At present, the aSOPR is at a much lower 1.01, far from the usual market top indicators. This lower level suggests that the market is in an accumulation phase, where long-term investors can acquire Bitcoin at favorable prices before the next potential rise.

Looking at past market trends, whales tend to accumulate Bitcoin during periods when the aSOPR is low, typically between 1.01 and 1.04. Once the aSOPR crosses the 1.08 threshold, whales begin to offload their holdings, driving prices higher. For savvy investors, accumulating Bitcoin before the aSOPR hits 1.04 may offer strong long-term growth opportunities.

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