What The Puell Multiple, The MVRV Z-Score and Realized Cap HODL Waves Indicate for Bitcoin's Peak

Written by MarkHelfman | Published 2021/05/18
Tech Story Tags: money | crypto | hackernoon-top-story | puell-multiple | mvrv-z-score | realized-cap-hodl-waves | cryptocurrency | bitcoin-spotlight | web-monetization

TLDR Bitcoin's price is down almost 30% from its all-time high of $65,000. Bitcoin peaked in April 2013, but experts say it's not the peak of the market cycle. Three metrics — Puell Multiple, MVRV Z-score, and Realized Cap HODL Waves — can help you decide whether an upswing marks the peak or just the ebbs and flows of a very volatile asset. Each time bitcoin’s price dropped at least 67% in the month afterward and as much as 90% to the eventual bottom.via the TL;DR App
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Written by MarkHelfman | Editor, Crypto is Easy newsletter. #1 writer, Medium. Bitcoin author, analyst, commentator.
Published by HackerNoon on 2021/05/18
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