Bitcoin (BTC) According to Mayer Multiple Indicator, Future Outlook and Predictions According to Analysts

Updated
May 21, 2025
Gambar Bitcoin (BTC) According to Mayer Multiple Indicator, Future Outlook and Predictions According to Analysts

Jakarta, Pintu News – A quantitative analyst recently revealed that although the price of Bitcoin has reached $103,000, the Mayer Multiple indicator shows that the crypto asset has not yet overheated. This indicator, which measures the distance of Bitcoin (BTC) spot price from its 200-day moving average, shows that Bitcoin (BTC) is still in a relatively stable state.

Mayer Multiple and Z-Score

The Mayer Multiple is a tool used to assess whether Bitcoin (BTC) is currently priced too high or too low compared to its historical average. The indicator is divided by the 200-day moving average, which is an important boundary for determining long-term bullish or bearish trends.

Currently, even though the price of Bitcoin (BTC) has reached $103,000, the Mayer Multiple is still showing below-average values. The Z-Score of the Mayer Multiple is an oscillator that measures how far the current value of the Mayer Multiple is from its long-term average.

The Z-Score value that is currently below zero indicates that Bitcoin (BTC) still hasn’t reached the level of heating that has often occurred in previous market cycles. This signals that there is more room for growth before the market becomes overheated.

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Bitcoin (BTC) Price Trend Analysis

From the chart analysis provided by the analyst, it can be seen that Bitcoin (BTC) briefly fell below its 200-day moving average during the previous market decline. However, with the recent recovery, Bitcoin (BTC) has managed to break back above the line. Nonetheless, the price increase that has occurred has not been very far from the 200-day moving average when compared to the previous period.

Furthermore, the Mayer Multiple’s Z-Score still being below zero indicates that despite the recovery, the market has not reached the same level of overheating as it was in early 2021. This could be an indicator that Bitcoin (BTC) still has the potential to go higher without worrying about overheating in the near future.

Future Prospects and Predictions

With the current conditions, where the Mayer Multiple has not shown any signs of overheating, the opportunity for Bitcoin (BTC) price increases is still wide open. Analysts believe that if this bullish trend continues, we may see the Mayer Multiple’s Z-Score approaching or even exceeding zero, which would signal a warming of the market.

However, it’s important to remember that every indicator has its limitations and can’t always accurately predict market movements. Investors and traders must use a variety of tools and strategies to make informed investment decisions, especially in a highly volatile market like cryptocurrency.

Conclusion

Although Bitcoin (BTC) has reached high prices, the Mayer Multiple indicator shows that the asset is not yet overheating. This provides a positive signal for investors who may be concerned about entering the market at such high price levels. By monitoring indicators like the Mayer Multiple, investors can make more informed decisions in managing their portfolios.

Also Read: SEC and Crypto Regulation: Between Stability and Innovation

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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