🚀 Mathematical Marker: Is Bitcoin Turning Bullish? What Does the Miners’ Indicator Reveal?
Glassnode’s global on-chain audit has recorded a major break in the market’s macro structure. One of the most important Bitcoin mining indicators—the Puell Multiple—has officially left the historic accumulation zone and broken through the critical psychological threshold of 1.
Breakout.
Historically, the Puell Multiple rising above 1 has always marked the end of bearish stagnation and the transition to a much stronger phase of parabolic price expansion.
Revenue.
The current surge shows that miners’ profits are growing rapidly relative to the annual median. This completely eliminates the need for forced coin sales to cover expenses, draining sellers’ spot supply.
Target.
The next strategic target for the Puell Multiple is 2. The complete draining of market reserves by institutional capital rules out deep-drawdown scenarios, turning the mathematical model into a trigger for a vertical rally.
$BTC
Subscribe to the channel—we break down the maneuvers of big money here, without boring theory or market illusions! 🚀
#Bitcoin #BTC #PuellMultiple #Glassnode #Miners #OnchainAnalysis #SmartMoney #Bybit #BinanceSquare
Glassnode’s global on-chain audit has recorded a major break in the market’s macro structure. One of the most important Bitcoin mining indicators—the Puell Multiple—has officially left the historic accumulation zone and broken through the critical psychological threshold of 1.
Breakout.
Historically, the Puell Multiple rising above 1 has always marked the end of bearish stagnation and the transition to a much stronger phase of parabolic price expansion.
Revenue.
The current surge shows that miners’ profits are growing rapidly relative to the annual median. This completely eliminates the need for forced coin sales to cover expenses, draining sellers’ spot supply.
Target.
The next strategic target for the Puell Multiple is 2. The complete draining of market reserves by institutional capital rules out deep-drawdown scenarios, turning the mathematical model into a trigger for a vertical rally.
$BTC
Subscribe to the channel—we break down the maneuvers of big money here, without boring theory or market illusions! 🚀
#Bitcoin #BTC #PuellMultiple #Glassnode #Miners #OnchainAnalysis #SmartMoney #Bybit #BinanceSquare
