Current Bitcoin Price
Current Mayer Multiple
||Between 1.0- 2.4||Above 2.4|
What is the Mayer Multiple?
The Mayer Multiple is the current price of Bitcoin divided by its 200 daily moving average.
The 200 daily moving average is the previous 200 days of Bitcoin price history from the selected date, divided by 200.
How to Calculate the Mayer Multiple
Bitcoin price / 200 day moving average value = Mayer Multiple
Historical Mayer Multiple
The average daily Mayer Multiple since the creation of Bitcoin is (this stat is auto-updated daily).
Why was the Mayer Multiple Created?
Some people use it to determine whether Bitcoin is overbought, fairly priced, or undervalued. Here is the original info on the MM.