Bitcoin still lacks this on-chain signal for BTC bull market — David Puell

Bitcoin (BTC) only needs one more key on-chain signal for a classic bull market to begin, analyst David Puell says. 

In a tweet on Dec. 17, the Puell Multiple creator argued that the stage is almost set for the end of the BTC price bear market.

Puell: Bitcoin network activity “underwhelming”

Despite many calling for new BTC/USD lows of $12,000 or less this cycle, not everyone is wholly bearish on the outlook for Bitcoin.

For Puell, two essential on-chain phenomena necessary for BTC price…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *