Bitcoin exits accumulation zone - miner indicator hits 11-month high
Puell Multiple broke above 1, a signal the market may be shifting into a stronger growth phase. It compares current mining revenue to the yearly average - below 1 usually means accumulation, above 1 means miner income is recovering. Next target is 2, which historically marks stronger bull phases
$AVAX
$APE
$BTC
Puell Multiple broke above 1, a signal the market may be shifting into a stronger growth phase. It compares current mining revenue to the yearly average - below 1 usually means accumulation, above 1 means miner income is recovering. Next target is 2, which historically marks stronger bull phases
$AVAX
$APE
$BTC