Bitcoin onchain indicator signals $58.5K price near 'favorable' buy level


$ 84,118.1
€ 77,339.6
¥ 38,800.0
£ 65,028.7
BTC
-0.45 %
$ 1,927.45
€ 1,771.97
¥ 889.22
£ 1,489.42
ETH
0.35 %
$ 210.28
€ 193.39
¥ 97.20
£ 162.59
XMR
-0.30 %
$ 91.94
€ 84.56
¥ 42.40
£ 71.06
LTC
-0.22 %

A CryptoQuant contributor has indicated that a slight decrease in Bitcoin's Puell Multiple index could present a 'favorable buying opportunity.'