Bitcoin News

Story: Bitcoin Mayer Multiple Indicates BTC Could Reach $180K Before Being “Overbought”

By Julie Binoche

1 / 15

What Is the Mayer Multiple?. The Mayer Multiple is a ratio that measures Bitcoin’s price relative to its 200-week moving…

2 / 15

BTC Price Still “Ice Cold”. Popular crypto quant analyst Frank A. Fetter, commenting on recent Mayer Multiple readings,…

3 / 15

Historical Context of the Mayer Multiple. Looking at previous bull cycles, the Mayer Multiple has historically reached higher values before…

4 / 15

Current BTC Price Action. Bitcoin has been trading around $121,000–$122,000 in recent sessions, with short-term volatility…

5 / 15

Implications for Traders and Investors. For traders, the current Mayer Multiple reading signals that BTC remains in a constructive phase,…

6 / 15

Market Sentiment and Future Outlook. Market expectations indicate that Bitcoin’s next major move may be delayed until year-end, with…

7 / 15

Conclusion. The Mayer Multiple provides a clear perspective on Bitcoin’s current positioning in the market…

8 / 15

Bitcoin (BTC) is currently drawing attention from investors and analysts alike, as classic on-chain metrics hint that the leading cryptocurrency has significant room to grow…

9 / 15

Currently, the Mayer Multiple for BTC sits at 1.16, placing the cryptocurrency closer to the oversold range than the overbought zone.

10 / 15

Popular crypto quant analyst Frank A. Fetter, commenting on recent Mayer Multiple readings, described Bitcoin as “ice cold” at its current all-time highs.

11 / 15

This perspective challenges some market narratives that have anticipated a near-term blow-off top.

12 / 15

Analyst Axel Adler Jr. has also referred to readings near 1.1 as a “good fuel reserve for a new upward impulse,” emphasizing that Bitcoin’s recent price behavior may set the…

13 / 15

Although the asset has remained resilient, some market watchers expect minor corrections before any decisive upward moves.

14 / 15

Short-term traders, however, are advised to monitor support and resistance zones closely. While the Mayer Multiple provides a macro-level perspective, daily price fluctuations…

15 / 15

In the medium term, the metric’s current position near 1.16 suggests that investors still have a window to accumulate Bitcoin without fearing immediate overexposure.

The Currency Analytics

Want the full story?