In the world of Bitcoin investing, understanding market cycles is key to identifying buying opportunities and spotting potential price peaks. One indicator that has stood the test of time in this ...
A CryptoQuant contributor has indicated that a slight decrease in the Bitcoin Puell Multiple index could present a “favorable buying opportunity.” A popular Bitcoin indicator that traders use to gauge ...
Bitcoin’s (BTC) recent sell-off has pushed prices on the top cryptocurrency by market capitalization into a historically attractive zone, according to one indicator. Prices fell from $10,200 in ...
The Puell Multiple is a metric that divides the dollar value of all minted coins with a yearly moving average of that same value. Historically, when this indicator reaches values above four ...
Bitcoin is trading at $58,190, down 1.20% in the last 24 hours, with a trading volume of $15.6 billion. Despite the recent dip, Bitcoin remains the top cryptocurrency with a market capitalization of ...
Bitcoin (BTC) miners are selling less and less BTC, but if one metric is correct, they could soon start causing a major price correction. In an update on March 11, Philip Swift, creator of on-chain ...
While a key bitcoin indicator shows the currency is undervalued and ripe for a price bounce, the reading might be misleading, one observer says. “The Puell Multiple is flashing a buy signal,” Ben ...
"The Puell Multiple is flashing a buy signal," Ben Lilly, a crypto economist at Jarvis Labs, noted in a Substack post published on Monday. The metric, however, is tied to miners and may be distorted ...