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SOPR: Bitcoin still has a downtrand bias

Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Fundamental Analysis onchain onchain_analysis onchainanalysis onchaintechnischeanalys Contains image
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I recently published BTC-leading SOPR. You can find it at the following link:
BTC Leading SOPR: Onchain
According to this chain metric, bitcoin still has a downward bias. This metric has also never descended overlow area in this cycle. This means that the bottom has not yet occurred.

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