Jun 28, 2018: The current Mayer Multiple is 0.62 with a $BTC price of $USD 6,142.35 and a 200 day moving average of $9,889.74 USD. The @TIPMayerMultple has historically been higher 94.71% of the time with an average of 1.55. Learn more at: https://t.co/9n0xlTWuNP
— Mayer Multiple (@TIPMayerMultple) June 28, 2018
Based on this metric, Bitcoin is reaching valuations almost 2 SD below its mean.
As always, I am a steady buyer.
How’d you like my haiku?
I made it rhyme as well, as a testament to my linguistic prowess.
The question for me isn’t if I should be buying now – the signs mostly point to yes.
The question for me is HOW MUCH I should be buying now to maximize my returns. It’s always good to remember that cheap …