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MAYERMULTIPLE

Bitcoin (BTC) looking healthy! Hi guys, So in this video, I'm showing you two of my favourite bitcoin indicators that show that bitcoin is looking to start the next phase of the bull run and not enter into a capitulation event down 40% that people are calling for. These indicators are free to use on TradingView and are: - NVT signal line - Mayer Multiple Bands Nothing in this video is financial advice and just one take on the market Please do your own research. Other than that, stay healthy and keep stacking sats! Let me know what you think. Tchau
BITSTAMP:BTCUSDLong
by joshuashepherd877
4
PSA: current Mayer MultiplesIn the last bull run temporary highs topped around the 2.4 Mayer Multiple. And the final blow-off top, topped at the 3.5 MM. So far this run it has played out identically. The current consolidation has put the btc price below the 1.7 MM again, so we can go up for another leg up. The current 2.4MM is around 92k. With a still rising 200MA 100k is not unlikely as a temporary cool down stop. Will bitcoin push through and top out at the 3.5MM again, or cool down there, and consolidate for another leg up even?
COINBASE:BTCUSD
by cryptocrypte
Bitcoin- Fundamental analysisIn nutshells, BTC is short-term bearish and mid-term and long-term bullish The longer the BTC price stay away from 3.4k, the less likely the 3.4k will be revisited again. Three failed attempts at 10k have signaled the short-term bearish sentiment. Low volatility and volume in the past month could be the precursor to the big price movement. Fundamental factors- *After the halving on May 11th, the hash rate dropped more than 40%. Two days ago, Bitcoin difficulty lvl recorded its biggest change of +15% since January 2018. There was no sharp price decline after the halving as some have predicted. *2020 is the year in which Fed exercises unprecedented monetary stimulus. This week, Fed starts to buy privately-issued individual corporate bonds from primary broker. *Various surveys indicate millennials' trust in BTC increase as their trust in traditional banking decline. In addition, baby boomers are slowly warming up to BTC. *The # of Bitcoin whales, or addresses that hold at least 1,000 BTC, is reaching levels seen before the 2017 market euphoria *According to glassnode, # of addresses holding 0.1+ coins reached an ATH of 3,069,763.000 two days ago, which indicates the robust retail demand *Nearly 60% of total Bitcoin is dormant for at least a year, which might indicate the HODL sentiment that investors expect the BTC price to go up. *According to the historical data, Mayer multiple indicates that investor would achieve better results by accumulating bitcoin when the ratio is below 2.4. Currently, it stands at 1.13 *Between May 2019 and May 2020, the value of Grayscale’s Bitcoin investment trust surged 76% from $1.9 billion, indicating a strong institutional demand. Currently in choppy no trade zone. Scale in slowly between 8.5k-8.8k. Flip to shorts if price breaks down convincingly below 8k.
COINBASE:BTCUSD
by Libratus
5
BTC- Market structure overview (Long-term perspective!)The long liquidation of nearly 1.2 billion yesterday has cut the OI on Bitmex by nearly half. The bullish structure is broken, but the price managed to stay above the 3k low. Is this the the moment of paradigm shift for Bitcoin? Will the Macro (Fed repo injection) have positive impact on BTC price? How BTC price closes this week will have the tremendous impact on whether the mining remains profitable for most miners and if companies need to sell their BTC in order to keep the operation running. Click the link below for more charts. imgur.com
BITSTAMP:BTCUSD
by Libratus
A peek into the pastMATICBTC neatly moved in a Fibonacci Channel and fell down to 100% bottom of that channel. Two detectors predicted the top Golden Ratio Top Detector (UO_GRFM) Mayer Multiple Golden Ratio Top Detector also showed the potential bottom correctly. Future? As long as it coasts above SMA350/6h, I will consider it a bullish opportunity and keep collecting. Also note that is about to jump to an upper Fibonacci channel(78.60%) from 100% channel-- very bullish if this happens
MEducation
by umur.ozkul
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) Do your own research.
BITSTAMP:BTCUSDLong
by TradesafariSocial
1
BTC Prediction. Dump before moon.HVP has not indicated that we have met a new high in terms of volatility and MM is not showing signs of an upward break. This indicates we may follow the previous trend BTC has followed throughout conception. Previously after we reach an ATH, we retrace back down to our logarithmic curve and bounce along it multiple times before rallying to a new ATH. Currently we have only had one real dip between our current ATH and where we are now. It is possible we will retrace back to around 7000 before again bouncing to a new ATH. SHORT TERM BEARISH, LONG TERM VERY BULLISH.
BNC:BLXShort
by jwlker
1
Major Mayer Multiple Example #2Adjusting some settings on the Major Mayer Multiple, for example the Slower MA (SMA #B) to 400 (instead of 300) and the MMM EMA to 50 (instead of 14) we obtain some interesting results, other setting are also interesting but for mid/long term cycles this two changes can be revealing. I also started using an RSI applied to the MMM EMA and I may integrate that directly on the Major Mayer Multiple Script later on but meanwhile you can replicate the idea if you like it. cryptok.eu
BITSTAMP:BTCUSDEducation
by XNS01
Major Mayer Multiple Example #1Since the chart of the script (indicator) changes on each update this Idea Is an Example on how the Major Mayer Multiple can be used with default values. This indicator is obviously a lagging indicator and it shouldn't be used alone nevertheless we can clearly see how it can be used to somehow detect larger cycles but also minor ones if each setting is properly adjusted. More about this indicator: With some changes we can even achieve things like this... cryptok.eu
BNC:BLXEducation
by XNS01
Bitcoin & the Mayer MultipleThe Mayer Multiple (named after investor Trace Mayer) is a statistical estimator which can be used for investing strategies. Mayer Multiple = Spot Price / 200 Daily Moving Average The 200 daily moving average covers the last 40 weeks of trading and is considered a major long-term support/resistance so it is not chosen arbitrarily here. The Mayer Multiple delivers a number M > 0 which represents some multiple of Bitcoin's 200 daily moving average, e.g. at time of writing M = 0.9, that is 0.9x 200 daily moving average. We can see that M rarely goes above 2.4 and in fact, according to the Investors Podcast, M < 2.4 for 91.99% of the time in Bitcoin's history. Currently M = 0.9 and again, according to Investors Podcast, M > 0.9 for 75% of Bitcoin's history. This means that 75% of the time, the Mayer Multiple was higher than the current value. So on average we can expect it to increase from here with good likelihood. The Investors Podcast ran a cost-averaging simulation and showed that buying Bitcoin -0.14% when M >= 2.4 did not improve chances of gains. (Cost-averaging is not trading, but is simply buying a certain amount periodically.) Detailed information is contained here: www.youtube.com and www.theinvestorspodcast.com The Chart Looking at the chart the Mayer Multiple (M) is shown in green, the white horizontal is the M = 2.4 line and the orange line plot is the 200 daily moving average of the Mayer Multiple itself (not of Bitcoin!). M has a rising support line dating back to the 2012 bottom. One interesting thing that must be pointed out is that M is now comfortably above its 200 daily moving average. Compare to Jan 2012 and Mar 2015. Remember kids, there is no Mt.Gox! This move above the moving average is bullish but it must hold. The previous 2015 bottom scored M = 0.4. This is actually extremely rare. Bitcoin -0.14% has only spent less than 0.25% of its time at this level. Likewise the the 2012 bottom is rarer still, in fact orders of magnitude rarer. What is really noticeable, long-term, is that the Mayer Multiple is moving within an ever tighter range about its 200 daily moving average. The large volatility of the early days is receding and the market is becoming more mature.
BNC:BLX
by RealMcafee
6