What is the current Mayer Multiple for Bitcoin?

3 answers

• Dec 17, 2021 · 3 years ago
  The current Mayer Multiple for Bitcoin is 1.45. This metric, created by Trace Mayer, is calculated by dividing the current price of Bitcoin by its 200-day moving average. A Mayer Multiple above 1 indicates that Bitcoin is overvalued, while a Mayer Multiple below 1 suggests it is undervalued. It's important to note that the Mayer Multiple is just one tool among many used to evaluate the valuation of Bitcoin.
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• Dec 17, 2021 · 3 years ago
  As of today, the Mayer Multiple for Bitcoin stands at 1.45. This means that Bitcoin is currently considered slightly overvalued based on its 200-day moving average. However, it's important to remember that the Mayer Multiple is not a definitive indicator and should be used in conjunction with other metrics to assess the market sentiment and potential future price movements of Bitcoin.
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• Dec 17, 2021 · 3 years ago
  According to the latest data, the Mayer Multiple for Bitcoin is currently at 1.45. This indicates that Bitcoin is slightly overvalued based on its 200-day moving average. However, it's worth noting that the Mayer Multiple is just one of many factors to consider when evaluating the valuation of Bitcoin. It's always recommended to conduct thorough research and analysis before making any investment decisions.
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