Puell Multiple

Bitcoin’s ‘Puell Multiple’ Flashes Misleading Bullish Signal as China Bans Mining

The metric is tied to miners and may be distorted by China's mining ban.

Markets  ·  29 June 2021

This Metric Shows Bitcoin Is Undervalued Even After 150% Price Rally

The Puell Multiple shows bitcoin may still be undervalued.

Markets  ·  19 May 2020

The Puell Multiple Is Turning Bullish on Bitcoin

You might not have heard of the Puell Multiple but right now it appears to show bitcoin is undervalued.

Markets  ·  20 March 2020