News list for " grizzly"

CryptoQuant analyst Grizzly posted that historical data suggest that the range of the Bitcoin Puell Multiple index between 0.6 and 0.8 can be described as a "decision zone". Analysis of trends over the past decade suggests that when the index falls below the threshold of 0.6, it typically represents an ideal opportunity for a dollar cost-averaging (DCA) strategy. Conversely, historically, a breakout of the 0.8 level has been associated with bullish market behavior, often pushing the bitcoin pric...

2024-09-01 06:05:45