Bitcoin Metric Giving Green Light For Bulls, Quant Explains

Categories
Bitcoin, Bitcoin Bullish, Bitcoin Bullish Signal, Bitcoin metric, Bitcoin News, Bitcoin On-Chain Metric, Bitcoin Puell Multiple, Bitcoin Rally, btc, btcusd

A quant has pointed out that a popular on-chain indicator for Bitcoin gives the asset the green light to experience bullish price action. Bitcoin Puell Multiple Has Observed A Plunge Recently As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Puell Multiple is currently in the “safe to buy zone.” The “Puell […]

Bitcoin Puell Multiple At 2023 High: Why This Signals A Top

Categories
Bitcoin, Bitcoin Miners, Bitcoin Mining, Bitcoin News, Bitcoin Puell Multiple, bitcoin top, btc, btcusd

On-chain data shows the Bitcoin Puell Multiple is close to setting new highs for 2023, a sign that a top may be becoming more likely for BTC. Bitcoin 7-Day MA Puell Multiple Has Surged Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Puell Multiple is currently at the second highest […]