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Johnson
@moonfun
" #BTCPuellMultiple Causes Rising Inversion Signal" The Puell Multiple is down to the 0.5 Green Zone, a strong upward reversal sign. Bitcoin Puell Multiple is the value of mined coins per day divided by the average daily mining volume over the past year, indicating how profitable miners are over the past year. This indicates a correlation with the price of Bitcoin based on the miner's earnings. Red Zone (4 and above): Miners are making significant profits, which may result in price adjustments based on revenue realization. Green Zone (0.5 or below): Indicate that miners are operating their diggers at a loss or very low profit, which means they have to turn off their machines or reduce their operations. This is often seen as an upside-inversion signal.
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