Mayer Multiples: The Metric That Helps Call Bitcoin Bubbles and Bottoms - CoinDesk

in dlike •  6 years ago 

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Calling tops and bottoms is an impossible art.  Many try to do it, most without success.  In Bitcoin, the Mayer Multiple tends to be a good indicator of where the biggest cryptocurrency is priced.  Named after Trace Mayer, it charts where the price of Bitcoin is in relation to the 200 day moving average.  When the multiple fits, it shows when to buy or sell.


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