The Bitcoin Puell Multiple has dipped below 0.4, signaling a potential historical bottom for BTC. This on-chain indicator suggests miners are earning less, aligning with previous bear market lows, hinting at a possible price rebound after some time.
The Puell Multiple, which analyzes the relationship between miners' daily revenue and their yearly average, suggests a potential Bitcoin rally. This may point to a strategic time to stay alert for BTC investment opportunities.
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.
The Puell Multiple indicates that Bitcoin may be undervalued, suggesting a potential price rally if it maintains crucial support at $67,000.
Bitcoin's price could rise due to a new metric known as the Puell Multiple, suggesting potential significant market changes.
The Bitcoin Puell Multiple, an on-chain indicator, suggests that Bitcoin is currently undervalued, having dipped for the first time in over a year.
The analysis of Bitcoin's cycles and the Puell Multiple suggest a strong Bull Run for BTC. The MVRV difference reinforces the upward trend, indicating potential sustained growth for Bitcoin.
On-chain indicators like Bitcoin MVRV Z score, Puell Multiple, and HODL Waves signal a positive outlook for Bitcoin, suggesting the start of a bull run.
The article discusses Bitcoin's Puell Multiple indicator reaching an accumulation point, hinting at a potential 39% rally, raising questions about the viability of $100K price predictions for Bitcoin.
A CryptoQuant analyst indicates that the Bitcoin Puell Multiple, a notable on-chain indicator, has entered the 'safe to buy zone', suggesting potential bullish price movement for Bitcoin.
