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OCM Puell Multiple

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OCM Puell Multiple

The Puell Multiple is an on-chain valuation tool that contextualizes Bitcoin miner revenue against a long-term average, offering insight into cyclical market extremes. This dynamic metric highlights shifts in miner profitability that often precede major macro inflection points in Bitcoin’s price history.

By normalizing recent revenue activity and layering adaptive visual elements, the indicator offers a clean, time-sensitive representation of market stress or euphoria. It’s designed for investors seeking to complement technical or macro strategies with deeper on-chain signal awareness—without relying on short-term noise.

⏰ Timeframes to be used on:
Daily

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.