NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Bitcoin To $181,000? Mayer Multiple Reveals When BTC Will Become ‘Overbought’

Keshav Verma
Keshav Verma
7 months ago
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin has still not become overbought according to the Mayer Multiple. Here’s the level BTC would need to breech in order to enter this territory.

Bitcoin Mayer Multiple Has A Value Of 1.37 Right Now

In a new post on X, the analytics firm Glassnode has discussed about the latest trend in the Mayer Multiple for Bitcoin. The “Mayer Multiple” here refers to an indicator that keeps track of the ratio between BTC’s spot price and its 200-day moving average (MA).

As Glassnode explains,

The 200DMA is a widely recognized tool for gauging macro bull or bear bias. The Mayer Multiple measures how far BTC is from this long-term average.

When the Mayer Multiple has a value greater than 1, it means the price of the cryptocurrency is trading above its 200-day MA. On the other hand, it being under the mark implies the asset is below this historically important level.

Related Reading

Bitcoin

Bitcoin Shark Wallets Set New Record: Bullish Foreshadowing For 2025?

7 months ago

Now, here is the chart shared by the analytics firm, that shows the trend in the Bitcoin Mayer Multiple over the last few years:

Image

Looks like the Mayer Multiple is greater than 1 right now | Source: Glassnode on X

As displayed in the above graph, the Bitcoin Mayer Multiple has a value of 1.37 right now, which means that the asset has a notable distance over its 200-day MA.

In the chart, Glassnode has also highlighted three lines where the spot price of BTC would assume a Mayer Multiple equal to a historically relevant value. The green level (bottom) corresponds to the indicator assuming a value of 0.8.

BTC being under this level has generally signaled oversold conditions. The line is currently situated around $60,000, meaning that the asset would have to drop under this mark to arrive at the bottoming zone.

The red level (top) is located at $181,000 right now. At this price mark, the cryptocurrency’s Mayer Multiple would reach a value of 2.4. Going beyond this level usually implies that the asset is becoming overbought. “Although BTC is above its 200DMA, it’s quite far from the overbought territory,” notes the analytics firm.

Related Reading

Bitcoin

Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?

7 months ago

Bitcoin would have to break the $181,000 level if it has to cross above this level in the current cycle. It only remains to be seen, though, whether the asset would breach the level in this cycle at all or if it would top out before it can happen.

The last line in the graph, the blue one in the middle, is just the 200-day MA of the asset. That is, the line where the Mayer Multiple is exactly equal to 1. BTC dipped under this level for a while during the consolidation period last year.

BTC Price

At the time of writing, Bitcoin is trading around $106,600, up almost 2% in the last seven days.

Bitcoin Price Chart
The price of the coin appears to have been climbing up during the past day | Source: BTCUSDT on TradingView
Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Rally Slowed By Old-School Whales, Analyst Warns

A sudden move by a large holder and deep-pocketed early owners are being linked to a sharp wobble in Bitcoin...

Christian Encila 4 hours ago
Bitcoin news

Bitcoin Bull Run Under Attack: Expert Says Wall Street Is To Blame

In a new episode of Coin Stories with host Nathalie Brunell, investor and podcaster Preston Pysh offered a structurally grounded...

Jake Simmons 7 hours ago
bitcoin

Bitcoin Correction Risks Deepen With $105,000 As Critical Support

Following another unsuccessful attempt to create a new all-time high (ATH), Bitcoin (BTC) dropped to a weekly low of $110,820...

Ash Tiwari 8 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

What’s Next For Bitcoin? Key Developments After Falling To $112,000

Ronaldo Marquez 51 minutes ago
Solana

Solana Boost – Medical Firm’s $400M Stock Sale Powers New SOL Treasury

Ronaldo Marquez 2 hours ago
Bitcoin Price Slips Below $110K

Bitcoin Price Slips Below $110K, Is a Bigger Drop Coming?

Aayush Jindal 4 hours ago

Premium Sponsors

Press Releases

  • After Selling BTC, ETH, and XRP, Investors Flock to Mint...

    2 hours ago
  • Obchodník premenil 160 dolárov na 640 000 dolárov na novom, skrytom memecoine založenom na Solane len za 12 dní.

    Obchodník premenil 160 dolárov na 640 000 dolárov na...

    10 hours ago
  • Okrem BTC, ETH a SOL sa očakáva, že v priebehu nasledujúcich dvoch a pol mesiacov vzrastú tri ďalšie akcie

    Okrem BTC, ETH a SOL sa očakáva, že v priebehu...

    10 hours ago
  • Najlepšie altcoiny, ktoré sa oplatí pridať na váš zoznam v roku 2025 na budovanie majetku

    Najlepšie altcoiny, ktoré sa oplatí pridať na váš...

    10 hours ago
  • Trader zamienił 160 dolarów w 640 000 dolarów na nowym, ukrytym memecoinie opartym na Solanie w zaledwie 12 dni.

    Trader zamienił 160 dolarów w 640 000 dolarów na nowym...

    11 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.