Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests

 Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests



The Mayer Multiple, which measures the spread between bitcoin’s price and the 200-day moving average (MA), also shows the bull market is still far from peaking. While the metric has risen to a five-month high of 1.39, it is well below the 2.4 threshold, above which previous bull markets peaked.



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