News with the tag "Bitcoin Puell Multiple"

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 post, the Bitcoin Puell Multiple has been a...

Bitcoin might be having trouble initiating a major rally soon, however, investors’ interest in the flagship digital asset appears to be growing as the number of active addresses has begun to rise once again, indicating heightened engagement from both old and new investors. Bitcoin Active Addresses R...

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 ...

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 z...

Bitcoin Puell Multiple Falls Below 0.5, Signaling Potential Bullish Reversal The Bitcoin Puell Multiple, a key on-chain metric that compares miners’ short-term revenue to their average earnings over the past year, has fallen below 0.5, signaling a potential bullish reversal. According to CryptoQuant...

On-chain data shows the Bitcoin Puell Multiple is currently forming a pattern that has previously signaled a bullish opportunity for the asset. Bitcoin Puell Multiple Has Plunged To Low Levels Recently As pointed out by an analyst in a CryptoQuant Quicktake post, BTC may be showing an opportunity th...

On-chain data shows the Bitcoin Puell Multiple has dipped into the “undervalued” territory for the first time in more than a year. Bitcoin Puell Multiple Has Observed A Plunge Recently As an analyst in a CryptoQuant Quicktake post pointed out, the BTC Puell Multiple has fallen recently. The Puell Mu...

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 “...

On-chain data shows the Bitcoin Puell Multiple indicator is currently retesting a crucial level that may end up deciding the fate of the latest rally. Bitcoin Puell Multiple Is Now Retesting Its 365-Day Moving Average As explained by an analyst in a CryptoQuant Quicktake post, the interaction of the...

On-chain data shows the Bitcoin Puell Multiple has hit pretty high levels recently. Here’s what this may mean for the current rally. Bitcoin Puell Multiple Has Risen To High Levels In Recent Days As pointed out by an analyst in a CryptoQuant post, the Puell Multiple is currently at even higher level...