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BTC

Bitcoin Puell Multiple Suggests Buying and Selling Zones

The current Puell Multiple stands at 1.15, with the cycle's peak at 4 and the minimum at 0.5. This indicator, used for analyzing long-term Bitcoin market cycles based on miner revenue, is calculated as the ratio of the total BTC mined in a day to its 365-day moving average. When approaching the red zone (3-4 and above), it signals a selling opportunity. Conversely, nearing the green zone (around 0.5), it indicates a potentially optimal buying time.
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AI Analysis

The Puell Multiple is a significant indicator for long-term Bitcoin market analysis, leveraging miner revenue metrics to identify market extremes. Currently at 1.15, it suggests the market is not at a...

AI Recommendation

Given the current Puell Multiple at 1.15, it is not yet in the most favorable buying zone but should be monitored closely as it approaches the green zone. If the indicator dips toward 0.5, it could be...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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