Puell Multiple Variants [OperationHeadLessChicken]"Puell Multiple Variants" includes three related indicators for analysing Bitcoin miner revenue dynamics:
Classic Puell Multiple – the original indicator showing how current miner revenue compares to its long-term average.
Halving-Corrected Puell Multiple – applies a compensation factor to adjust for miner revenue reductions after each halving, allowing easier comparison to a consistent overvalued threshold.
Revenue RSI – a novel approach applying the Relative Strength Index to miner revenue to identify potential over- and undervalued conditions.
Each component can be shown or hidden individually.
All parameters are fully adjustable via input settings.