🌟Mayer Multiple price bands✍️

DATA is calculated by taking the price of Bitcoin and dividing it by the 200-day moving average value. The idea is that by comparing the current price of bitcoin and its long-term moving average, you can get an idea of ​​whether it is overbought (overvalued) or oversold (undervalued).

Taking a more macro view of the market moment we are in we can see that it is early for all the new narratives and projects that are emerging.

We have the Bitcoin Halving just around the corner, this is getting interesting. 🫡

Are you ready?🔥