Why Bitcoin’s Bear Market Might Be Coming to a Close

Name: Why Bitcoin’s Bear Market Might Be Coming to a Close
Uploaded: 2022-05-04T20:30:10Z
Duration: 1 min 61 s
Description: Bitcoin’s “Mayer Multiple,” the ratio of BTC’s price to the 200-day simple moving average (SMA), is just shy of 0.80, indicating that the “digital gold” is at a point of undervaluation and trading at a nearly 20% discount.

May 4, 2022

Bitcoin’s “Mayer Multiple,” the ratio of BTC’s price to the 200-day simple moving average (SMA), is just shy of 0.80, indicating that the “digital gold” is at a point of undervaluation and trading at a nearly 20% discount.

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