Exclusive Bitcoin On-Chain Analysis: Mining Indicators Suggest BTC Close to a Bottom

3 mins
15 June 2021, 12:01 GMT+0000
Updated by Kyle Baird
15 June 2021, 12:01 GMT+0000
In Brief
  • Miner difficulty lags the hash rate by approximately two weeks.
  • The difficulty and hash ribbons show values associated with bottoms.
  • The Puell multiple has not yet reached a value common with tops.
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