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Bitcoin in 'Accumulation' Phase, On-chain Indicators Suggest

Bitcoin's Puell Multiple and MVRV Z-Score indicate the cryptocurrency is undervalued. Similar readings have marked bear market bottoms in the past.

Updated May 11, 2023, 5:26 p.m. Published Jul 11, 2022, 9:23 a.m.
Key blockchain indicators suggests time ripe for stacking bitcoin. (RichardMc/Pixabay, PhotoMosh)
Key blockchain indicators suggests time ripe for stacking bitcoin. (RichardMc/Pixabay, PhotoMosh)