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Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests

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October 22, 2021
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The Mayer Multiple, which measures the spread between bitcoin’s price and the 200-day moving average (MA), also shows the bull market is still far from peaking. While the metric has risen to a five-month high of 1.39, it is well below the 2.4 threshold, above which previous bull markets peaked.



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