BTC Puell Multiple shows BTC bottom not in

4 Haz 2020

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 mining activities.