🚨DATA: "INCREDIBLY RARE AND BULLISH BITCOIN SIGNAL IS FIRING" SAYS TOP ANALYST"It rarely hits 0.6x. Can price go lower? yes, but this is historically one of the best buy signals in Bitcoin history."@caprioleio founder, Charles Edwards, is referring to the 'Mayer Multiple', which is a technical indicator that analyzes the Bitcoin price relative to its 200-day moving average.We certainly hope he's right here... ...

bitcoin gold, bitcoin all-time high. Photo by BeInCrypto Although some Bitcoin bulls refer to BTC as digital gold, physical precious metals may be a good way to predict Bitcoin’s future price movements.  One Bitcoin trader brought up the BTC/Gold Mayer Multiple when explaining their bullishness toward crypto. The Mayer Multiple’s History The multiple compares the Bitcoin to gold ratio against its 200-day moving average, and advocates of this indicator believe Bitcoin is undervalued if it has a Mayer Mul ...