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Bitcoin metrics see “bounce hell” historically predicts lower BTC price by Cointelegraph

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The Bitcoin metric sees a “bounce hell” that historically predicts a lower price for BTC

A classic (BTC) The chain indicator has seen a “bounce hell” even though price action is certain.

In one tweet on July 9, Philip Swift, the creator of the Look to Bitcoin analytics resource, highlighted a tremendous change of course for the Puell Multiple.

Bitcoin Puell Multiple Vs. Source: LookIntoBitcoin.com