The Mayer Multiple, Explained: How 0.8 and 2.4 Define Cheap and Expensive Bitcoin

Price divided by the 200-day moving average — the simplest Bitcoin valuation anchor. How the historic <0.8 and >2.4 zones formed, why the thresholds drift, and its role inside the nine-indicator thermometer.

Price divided by the 200-day moving average — the simplest Bitcoin valuation anchor. How the historic <0.8 and >2.4 zones formed, why the thresholds drift, and its role inside the nine-indicator thermometer.