Key points:
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Bitcoin’s Mayer Multiple suggests that BTC is closer to “oversold” than “overbought” — even at all-time highs.
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The gauge has barely moved in recent months as BTC price struggles to seal a decisive breakout.
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Expectations no longer favor a blow-off top this month.
Bitcoin (BTC) is “ice cold” at all-time highs, says a classic BTC price metric that shows room to run to $180,000.
The latest readings from the Mayer Multiple reveal that even at $120,000, BTC/USD is far from…
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