What Bitcoin SOPR (Spent Output Profit Ratio) measures, how STH-SOPR and LTH-SOPR differ, and what 14 years of data say about SOPR = 1 as support and resistance, and whether reclaiming it is a buy signal.
What the Bitcoin MVRV Z-Score measures, how it is calculated, and what 14 years of data say about it: bottoms below zero still hold, but every cycle top has printed a lower Z-Score than the last.
A new 0-100 composite in the BGeometrics API that classifies the market as expansion, distribution, capitulation, recovery or transition — plus what 15 years of history says about each state, including where it fails.
Bitcoin's on-chain valuation has reset to cycle-bottom territory without ever printing euphoria — framing this drawdown as a structural accumulation case with medium conviction.