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$BTC Puell Multiple Entering Key Zone
The Puell Multiple, one of the most reliable long-term Bitcoin bottom indicators, has now entered the historically significant capitulation range seen at previous cycle lows.
While traditional stocks sit at extreme valuations, Bitcoin’s on-chain metrics continue to align with the final stages of bear market exhaustion. Every major cycle bottom has been marked by similar conditions.
#FirstRoundOfUSIranTalksConcludes