$BTC sitting at $58.6k while 200-day MA is at $75.2k
Mayer Multiple: 0.78 🔵
Price is ~22% below the moving average. Historically, MM below 0.8 has been a decent accumulation zone. Not calling bottoms, but the risk/reward is getting interesting if you're building spot bags.
DCA szn or waiting for lower? 👀
Mayer Multiple: 0.78 🔵
Price is ~22% below the moving average. Historically, MM below 0.8 has been a decent accumulation zone. Not calling bottoms, but the risk/reward is getting interesting if you're building spot bags.
DCA szn or waiting for lower? 👀