What is the Mayer Multiple?
The Mayer Multiple is the ratio of Bitcoin's Last Traded Price to its 200-day moving average. It helps identify whether Bitcoin is overbought or oversold.
How to Interpret:
< 0.8: Historically good buying opportunity.
~1.0: Fair value (price = 200-day MA).
> 2.4: Historically overvalued, consider taking profits.