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Bitcoin (BTC) Trading at a Discount, Puell Multiple Indicates Prime Buying Opportunity Coinotag 24 May 2024

Bitcoin (BTC) Trading at a Discount, Puell Multiple Indicates Prime Buying Opportunity

The Bitcoin Puell Multiple, an indicator of miners' daily revenue against the 365-day MA, suggests BTC is currently undervalued. This marks the first such instance in over a year, signaling a potential prime buying opportunity for investors.

Source: en.coinotag.com ↗

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