Expert Spots Rare Metric Pointing to Imminent Bitcoin Bottom

As the crypto market wallows in uncertainty, a new price metric has emerged that points to a Bitcoin price bottom. A crypto analyst has highlighted this metric which he said has marked Bitcoin bottoms in past cycles.

Known as the Puell Multiple, the indicator confirms a Bitcoin bottom when it drops to 0.5. While currently holding at 0.67, it has sharply dropped from over 1.00 in 2025. This implies that a continued drop may soon hit the 0.5 marking a bottom.

A Bottom for Bitcoin: Good News for Alts

The cryptocurrency industry has over the years been in tune with Bitcoin’s market trends. Whatever happens to Bitcoin generally happens to altcoins, except in altcoin seasons where 75% of top alts outperform Bitcoin for 90 days.

This means if the Bitcoin bottom is almost in, the entire crypto market’s bottom is also close. Bitcoin crashed a massive 31% from its all-time high of $126,000 to $83,000, creating panic and causing massive capitulation in altcoins. In fact, some analysts anticipated a further drop before the coin rebounded and the rest of the market with it.

Bitcoin briefly jumped to $89,000 from the low, but could not sustain it and found support at $86,000 before another rally brought a fresh recovery to $91,000. Another analyst has backed the Puell Multiple indicator, saying as it was with other assets in the past, this massive crash may have hit the low and a Bitcoin Bottom is close.

If they happen to be right, altcoins will also probably pump if Bitcoin sustains the current rally or whenever it is set to pump. With its brief rally today, some top altcoins have also responded, posting gains as high as 3.5% in the last 24 hours.

Bitcoin Bottom Is Much Needed

Cryptocurrencies have been in a worsening downward trend since the flash crash from the all-time high in October. Bitcoin dictated the price directions throughout, breaking major supports such as the $112k level and dragging the rest of the market with it. 

A bottom for the coin — which is by extension a bottom for altcoins — will bring much needed relief from the persistent corrections which the market has endured. In the meantime, fingers remain crossed as we watch what the market has to offer in the short-term. 

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