︎ Teo Mercer (@TeoMercer) “The Puell Multiple is getting close to its historical bottom zone again. That us” — TopicDigg
The Puell Multiple is getting close to its historical bottom zone again.
That usually happens when miner revenue is deeply compressed and the market has already gone through a lot of stress.
It won’t tell us the exact day Bitcoin bottoms.
But historically, these have been much better zones to accumulate than to start getting bearish.
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