Bitcoin’s “Ice Cold” Rally: Mayer Multiple Signals Room to Run to $180,000
Despite Bitcoin (BTC) hitting a new all-time high of $121,242, a classic price metric suggests the rally is far from overheated and has significant room for growth. The Mayer Multiple, which measures the ratio of the BTC price to its 200-week moving average (MA), is currently at a low reading of 1.16. This level is … Read more