Bitcoin indicator suggests bull market is still in an early stage – CoinDesk

Bitcoin indicator suggests bull market is still in an early stage – CoinDesk

Bitcoin has plenty of leeway to extend its current rally, a price indicator suggests, even as the cryptocurrency swiftly closes the nearly $ 20,000 record set three years ago. With prices rising 80% to levels above $ 18,000 in the past six weeks, the cryptocurrency’s Mayer Multiple – the price-to-200-day moving average ratio – has […]

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