Bitcoin metric sees 'hell of a bounce' in move which historically heralds BTC pr

[Tnoy30]

The Puell Multiple bounces from its latest rare trip into the "buy" zone, and previously, BTC/USD has subsequently put in a macro bottom.
A classic Bitcoin (BTC) on-chain indicator has seen a “hell of a bounce” even as price action stays uncertain.

In a tweet on July 9, Philip Swift, creator of analytics resource Look Into Bitcoin, highlighted a dramatic change of course for the Puell Multiple.
Source: Bitcoin metric sees 'hell of a bounce' in move which historically heralds BTC price bottom

[Astra]

There are now quite conflicting opinions about the price movement of Bitcoin and other cryptocurrencies in the near future. I don’t think that the current market situation will change significantly until the end of September. The previous rise in prices in the cryptocurrency market lasted more than half a year and it will take a significant amount of time for the correction. Moreover, in the summer months there was almost never a significant price increase. Until September, you can definitely relax.