Bitcoin and the 200 Day Moving Average.

We are trading at the 200 Day moving average and the Mayer Multiple is looking pretty good, we have a S&R Flip, and are trading at a level i can't quite explain why, but the interactions of this level in past history of Mayer Multiple led to significant price moves. I'm using this tool as a road map to find strong buying and i believe we are at a good buying point. In price we have the 200 MA and in Mayer Multiple therms we get:

$8368.81
Mayer Multiple
1.01
The average Mayer Multiple since the creation of Bitcoin is 1.39
The Mayer Multiple has historically been higher than today's value 62.34% of the time (mayermultiple.info/)

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