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Bitcoin On-Chain Data Shows Possible Undervaluation of BTC Price

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generic bitcoin fall ing tumbling crashing illo

generic bitcoin falling tumbling crashing illoA Bitcoin on-chain metric, the Puell Multiple, temporarily fell to the “undervalued zone” before snapping back as BTC prices recovered, data from GlassNode on July 5 shows. The Puell Indicator Falling in lockstep with Bitcoin Hash Rate According to a screen-grab, the indicator has been used by on-chain analysts to pick out bottoms on several

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