Traders, I recently dove a bit deeper into the Puell Multiple indicator. In this video, I want to share what I have discovered. We'll discuss: what the Puell Multiple is, what it calculates, and how that calculation is made. We'll also closely examine what this valuable indicator tells us about the current Bitcoin price. Enjoy. Stew
Hi! In this analysis, I present the arguments to show what many renowned traders already claim: Bitcoin is only at the beginning of an uptrend. Why do we have a strong uptrend? In the red lines of the Bitcoin graph, we have the historical tops. Below, I configured the CGO (Center of Gravity Oscillator) with a period of 200 days, using a Fibonnaci retraction...
Stock to flow indicator is all the rage for FOMO pumpers on Youtube and twitter. But the Puell Multiple, a solid indicator based on miners' daily generated income that has perfectly called the bottoms of BTC cycle, shows price in still in a downtrend and bottom not reached. The Puell multiple is in the same category as Stock to flow because both are derived from...