Tag Archives: Bitcoin Puell Multiple

Bitcoin Puell Multiple Plunges, But Not Inside Bottom Zone Yet

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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

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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→

Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near?

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While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC’s future trajectory especially when the asset would make the play out of… Continue reading Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near?→

Bitcoin’s Puell Multiple Dips Into Bullish Territory: Is A Breakout Coming?

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The Bitcoin Puell Multiple, a key on-chain metric used to assess the profitability of Bitcoin miners, is currently signaling a potential bullish reversal for the leading cryptocurrency. According to a CryptoQuant analyst under the pseudonym Darkfost, this metric has recently dipped into the “green zone,” a signal historically associated with upward price movements for Bitcoin.… Continue reading Bitcoin’s Puell Multiple Dips Into Bullish Territory: Is A Breakout Coming?→

Legendary Bitcoin Puell Multiple Finally Enters ‘Buy’ Territory

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On-chain data shows the Bitcoin Puell Multiple has recently declined into the historical bottom zone as BTC’s continued consolidation. Bitcoin Puell Multiple Is Now Under The 0.4 Level As an analyst in a CryptoQuant Quicktake Puell Multiple” here refers to a popular on-chain indicator that keeps track of the ratio between the daily Bitcoin miner revenue and… Continue reading Legendary Bitcoin Puell Multiple Finally Enters ‘Buy’ Territory→