mining
The Puell Multiple
Examines mining profitability and its impact on market cycles. Ratio of daily coin issuance value (USD) to its 365-day MA. Upper red zone (>4) indicates tops, lower green zone (<0.5) indicates bottoms.
Examines mining profitability and its impact on market cycles. Ratio of daily coin issuance value (USD) to its 365-day MA. Upper red zone (>4) indicates tops, lower green zone (<0.5) indicates bottoms.