Bitget App
Trade smarter
Glassnode: Bitcoin Mayer Multiple indicator is at 1.47, close to the 1.5 level which often forms a level of resistance in prior cycles
Bitget2023/12/16 08:22
Glassnode: the present value of the Mayer Multiple indicator is at 1.47, close to the ~1.5 level which often forms a level of resistance in prior cycles, including the Nov 2021 ATH. Perhaps as an indicator for the severity of the 2021-22 bear market, it has been 33.5-months since this level was breached, the longest period since the 2013-16 bear.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Millionaire Dave Portnoy buys $1 million worth of XRP at the bottom
金色财经•2025/11/19 04:56
Barstool founder Dave Portnoy spends $2 million to purchase BTC, XRP, and other cryptocurrencies
Chaincatcher•2025/11/19 04:47
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$91,263.62
+1.45%
Ethereum
ETH
$3,050.76
+1.62%
Tether USDt
USDT
$1
+0.21%
XRP
XRP
$2.17
+0.49%
BNB
BNB
$925.65
+2.29%
Solana
SOL
$138.81
+2.98%
USDC
USDC
$1
+0.15%
TRON
TRX
$0.2887
-0.56%
Dogecoin
DOGE
$0.1589
+2.82%
Cardano
ADA
$0.4659
+0.17%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now