SOPR<\/strong> (Spent Output Profit Ratio) indicator has stayed above the critical threshold of 1 for nine consecutive days. In practical terms, this means that coins moving on the blockchain are generating sustained profits, ruling out the possibility of a mere short lived bounce.<\/p>\n\n\n\nThe market is absorbing this profit taking without breaking its price structure, an undeniable sign of resilience. This transition from a market in loss to stable profitability shows that selling pressure is now much easier for buyers to handle.<\/p>\n\n\n\n
Is Bitcoin’s Key Support at Risk From Profit Taking?<\/h2>\n\n\n\n Although the situation is improving, the market is not yet fully bullish<\/strong>. The realized profits remain significantly lower than those seen during previous 2025 rallies<\/strong>, and speculation remains moderate. This lull allows BTC to consolidate its foundation, but traders must remain vigilant.<\/p>\n\n\n\nIf the SOPR<\/strong> indicator were to drop back below the crucial 1 mark, it would mean that investors are once again liquidating their positions at a loss. Such a bearish<\/strong> scenario could invalidate the current recovery and trigger a severe retracement<\/strong> toward lower zones.<\/p>\n\n\n\n <\/figure>\n\n\n\nFurthermore, the average purchase price for Short Term Holders (STH) sits at $78,000<\/strong>. The STH MVRV Bollinger Bands chart therefore indicates a crucial support at this STH Cost Basis of $78,440<\/strong>, but more importantly, an upcoming resistance and target at $102,000<\/strong>.<\/p>\n\n\n\nTechnically, holding above the current support<\/strong> zones is vital. A breakdown below these levels would expose Bitcoin to a new correction<\/strong> down to $65,000.<\/p>\n\n\n\nBut for now, Bitcoin is more likely to retest $78,000<\/strong> by late May or early June before pushing toward $100,000<\/strong> in July.<\/p>\n\n\n\nHow High Can the Bitcoin (BTC) Price Go After This Breakout?<\/h2>\n\n\n\n The stabilization of the SOPR<\/strong> and the increase in investor profitability provide fertile ground for the bullish momentum to continue. If this dynamic holds, BTC could smash through major new resistances<\/strong>, attracting massive institutional capital.<\/p>\n\n\n\nHowever, confirming a genuine new rally<\/strong> will require a clean breakout of the order block at $82,900<\/strong>.<\/p>\n\n\n\n <\/figure>\n\n\n\nBased on the True Market Mean Quantile<\/strong> (which is calculated using active coins rather than dormant ones like Satoshi’s, offering better accuracy), the resistance stands at $91,000<\/strong>. Meanwhile, the next support is located at $69,000<\/strong>. In the event of a correction, maintaining a daily close above $78,200<\/strong> will therefore be crucial<\/strong> to sustain the bullish trend.<\/p>\n\n\n\nAs profits accumulate without causing the price to falter, the burning question on investors’ lips is: is this the perfect time to accumulate Bitcoin before the next historic surge?<\/p>\n\n\n\n
It is certain that sellers have lost momentum. Right now, shorts are the big losers on Bitcoin. Nevertheless, the question is whether buyers will be persistent enough to drive Bitcoin<\/strong> to new highs. Because, for the time being, Saylor<\/strong> is once again the main contributor to this surge. Meanwhile, retail<\/strong> is still not buying Bitcoin and is opting for the stock market<\/strong> instead.<\/p>\n\n\n\n\n