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The Puell Multiple is a mining indicator created by dividing the daily issuance value of Bitcoin by its 365-day moving ...
Bitcoin's [BTC] Puell Multiple has dropped to 0.56 on the charts. Puell Multiple measures the ratio between the daily coin issuance and the yearly average. With this metric, market participants ...
Now, here is a chart that shows the trend in the Bitcoin Puell Multiple over the past decade: As displayed in the above graph, the Bitcoin Puell Multiple had shot up earlier in the year and peaked ...
Multiple technical, onchain, and derivatives signals align, pointing to a potential Bitcoin rally toward $100K before May ...
ARK’s “bear” and “base” case scenarios for the price of Bitcoin (BTC) were also bumped up to $500,000 and $1.2 million, ARK research analyst David Puell said in an April 24 report.
Additionally, Bitcoin’s Puell multiple, which measures miner revenue relative to the network’s price, also dropped significantly after the halving. However, it has since rebounded, signaling ...