When is it most profitable to buy BTC?

There’s an interesting indicator called SOPR (Spent Output Profit Ratio — it shows whether investors are selling their BTC at a profit or at a loss).

Historically, the best accumulation zones appeared when SOPR dropped below 1 (meaning most long-term investors are selling at a loss), and the absolute market lows tended to form around the 0.50 area.

Right now, SOPR is sitting around 1.40, which means BTC is mostly being sold at a profit and the market is still far from those “maximum attractiveness” accumulation zones.