BTC Puell Multiple Indicator
This is why I believe Bitcoin isn’t done yet, and we’ll see a new ATH soon.
According to this chart, Bitcoin bear markets tend to end when the Puell Multiple reaches the green zone multiple times and then bounces back. Historically, this marks the start of the first significant leg up, accompanied by some corrections.
In my opinion, we’re currently at the beginning of the next leg up, both in Bitcoin’s price and reflected in the Puell Multiple chart.
