The price per Bitcoin's [BTC] price has rallied above its Warm Supply Realized Price, suggesting the start of a new uptrend.
At its current price of $28,713, BTC has rallied above its Warm Supply Realized Price of $28,150, suggesting the return of bullish sentiment into the market.price has rallied above its Warm Supply Realized Price, suggesting the start of a new uptrend, crypto analyst Ali Charts noted in a recent post on X .BTC’s Warm Supply Realized Price metric tracks the average price at which the less active cohort of short-term BTC holders purchased their coins.
According to Ali, if BTC can hold above $28,150 in the coming days and weeks, it would further indicate that a new uptrend is underway. A further look at its spent output profit ratio showed that BTC’s STHs have seen more profits on their investments than those that have held for more extended periods., an asset’s SOPR measures the degree of profit and losses incurred by its holders over a given period of time.
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