Bitcoin Puell Multiple Plunges, But Not Inside Bottom Zone Yet

On-chain data shows the Bitcoin Puell Multiple has gone through a decline recently, a sign that miner revenue has gone down relative to its baseline. Bitcoin Puell Multiple Has Dropped To 0.67 In a new Puell Multiple” refers to a popular on-chain indicator that keeps track of the ratio between the daily BTC mining revenue… Continue reading Bitcoin Puell Multiple Plunges, But Not Inside Bottom Zone Yet

Bitcoin Is About To See A Historically-Profitable Crossover In This Metric

On-chain data shows the Bitcoin Puell Multiple is about to undergo a crossover that has historically been very bullish for BTC’s price. Bitcoin Puell Multiple Could Cross Its 365-Day MA In Near Future As pointed out by an analyst in a CryptoQuant Quicktake Puell Multiple” here refers to a popular on-chain indicator that tells us… Continue reading Bitcoin Is About To See A Historically-Profitable Crossover In This Metric