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Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests

Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests

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The Mayer Multiple, which measures the unfold between bitcoin’s worth and the 200-day shifting common (MA), additionally reveals the bull market continues to be removed from peaking. While the metric has risen to a five-month excessive of 1.39, it’s effectively beneath the two.4 threshold, above which earlier bull markets peaked.

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