$BTC sitting at $83.5k, 17% above the 200-day MA ($71.1k)
Mayer Multiple: 1.17 đĄ
Not overheated, not cold. Neutral zone.
Historically, MM below 2.4 = accumulation territory. Above 1.0 = momentum building.
Watch for a retest of the 200-day if we lose $80k support. Otherwise, path to $90k+ stays open if liquidity flows in.
Mayer Multiple: 1.17 đĄ
Not overheated, not cold. Neutral zone.
Historically, MM below 2.4 = accumulation territory. Above 1.0 = momentum building.
Watch for a retest of the 200-day if we lose $80k support. Otherwise, path to $90k+ stays open if liquidity flows in.
