Overvalued Bitcoin Price Won't Score $40,000 in 2019: Chart Indicator

2019-6-25 17:33

Popular cryptocurrency figure Trace Mayer believes that Bitcoin's recent price gains may have peaked, at least in the medium term. Using his self-created Mayer Multiple, the Bitcoin maximalist this morning tweeted that there was very little chance of Bitcoin hitting $40k in the next couple of months.

The Mayer Multiple retrospectively tracks the boom and bust cycles of Bitcoin to give some indication of fair value. Consider it the speed at which Bitcoin's price moves away from its 200 day moving average (DMA). When price moves too far too fast, the likelihood of a correction is just around the corner.

The post Overvalued Bitcoin Price Won't Score $40,000 in 2019: Chart Indicator appeared first on CCN Markets

. origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 70318.99 (+0.93%)
Объем 24H $45.838b
Изменеия 24h: -1.22 %, 7d: -0.01 %
Cегодня L: $68905.04 - H: $71538.73
Капитализация $1406.594b Rank 1
Цена в час новости $ 11318.88 (521.25%)

bitcoin price mayer multiple too overvalued chart

Источник: ccn.com

bitcoin price → Результатов: 126


Bitcoin Price News: BTC Downside Risk Grows While Pepeto Presale Hits $7.42M and Dogecoin and Solana Remain Shaky

Bitcoin mining difficulty just hit a new all time high as hash rate climbs despite the price correction, proving miners are betting on long term recovery even as short term holders panic. But the bitcoin price news right now tells a different story, because BTC failed to reclaim key resistance and the drop below $67,000 […] The post Bitcoin Price News: BTC Downside Risk Grows While Pepeto Presale Hits $7.

2026-3-2 19:00


Фото:

Bitcoin reveals a rare bullish cycle bottom signal before bouncing as futures bears tighten their grip

Bitcoin is flashing its most oversold signal on record amid its continued price struggles in this current macroeconomic environment and persistent exchange-traded fund (ETF) outflows. According to CryptoSlate data, BTC's price dipped to around $62,700 over the last 24 hours, while its weekly relative strength index (RSI) printed roughly 25.

2026-2-26 21:10


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin OG Receives Public Shaming Following Altcoin Shilling

Some rather awkward footage of a recent Bitcoin conference has surfaced. The clip shows a recently fallen-from-grace Bitcoin OG called out on stage for shilling an altcoin at the BTC-only event. One of the earliest public proponents of Bitcoin recently became every self-respecting BTC maximalist’s public enemy number one.

Bitcoin is Up an Eye-Popping 720,000,000% Since Its First Recorded Price

The price is what usually comes to mind first when people talk about Bitcoin. But what was the first ever recorded price of a single bitcoin? And how much it has appreciated since? Bitcoin Leapfrogs Evolution of Money The evolution of money has historically gone through four key stages.