đź”—Blockchain Fundamentals - PUELL MULTIPLE! by Cryptorhythms

đź”—Blockchain Fundamentals - PUELL MULTIPLE! by Cryptorhythms


The PUELL MULTIPLE! is a way to gauge market cycles from a mining profitability / compulsory sellers' perspective. It takes total miner revenue and adjusts by its yearly moving average. Calculation = mining revenue / 365-day simple moving average of mining revenue.

(The indicator is written that way in all caps at the request of its Creator David Puell)

Still over half a dozen blockchain based indicators to come (follow me and dont miss them!)


The PUELL MULTIPLE! seems to suggest it is. With an insanely accurate call history this is a long term bitcoin maximalists dream indicator. You're welcome!


As usual we took care of you with some selectable options for the MA type and length so you can experiment.

Want more information?

For a better write up that I could do, check out this thread here:

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