{"id":16188,"date":"2025-11-21T10:00:16","date_gmt":"2025-11-21T10:00:16","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/bitcoin-mayer-multiple-retraces-to-lower-bound-what-comes-next\/"},"modified":"2025-11-21T10:00:16","modified_gmt":"2025-11-21T10:00:16","slug":"bitcoin-mayer-multiple-retraces-to-lower-bound-what-comes-next","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/bitcoin-mayer-multiple-retraces-to-lower-bound-what-comes-next\/","title":{"rendered":"Bitcoin Mayer Multiple Retraces To Lower Bound\u2014What Comes Next?"},"content":{"rendered":"

Data shows the Bitcoin Mayer Multiple has declined to the lower bound of its range recently, which suggests a slowdown in momentum for BTC.<\/p>\n

Bitcoin Mayer Multiple Is Now Retesting Its Lower Bound<\/h2>\n

As explained by on-chain analytics firm Glassnode in a new Mayer Multiple” refers to an indicator that keeps track of the ratio between the BTC spot price and its 200-day moving average (MA).<\/p>\n

In technical analysis (TA), the 200-day MA is considered as a boundary between macro bullish and bearish trends. Whenever BTC is trading above this line, a bullish bias may be assumed to be in play. Similarly, the asset being under the mark can imply a market downturn.<\/p>\n

Since the Mayer Multiple compares the spot price with this level, it essentially tells us about how far above or below Bitcoin is from the bull-bear boundary. The cryptocurrency gaining a large distance over the 200-day MA may imply it’s becoming overpriced, while it being too far under could increase the chances of a rebound to the upside taking place.<\/p>\n

Now, here is the chart shared by Glassnode that shows how the Bitcoin Mayer Multiple is looking right now:<\/p>\n

\"Bitcoin<\/p>\n

As displayed in the above graph, the Bitcoin spot price has broken below the 200-day MA with its recent downtrend, which has resulted in the Mayer Multiple approaching a value of 0.8.<\/p>\n

This 0.8 level happens to be where the indicator’s long-term range has found its lower boundary in the past. The last time the metric fell below this line was during the 2022 bear market.<\/p>\n

“Historically, such compressions have aligned with value-driven phases where price consolidates and demand begins to step in,” noted the analytics firm. It now remains to be seen whether a break below is coming for Bitcoin or not.<\/p>\n

This technical boundary isn’t the only one that BTC is retesting; there are also a couple of important on-chain levels that the cryptocurrency happens to be trading around right now, making the current range a potentially significant one.<\/p>\n

In a post<\/a> on X, Glassnode senior researcher CryptoVizArt.\u20bf has shared some of the major on-chain price models.<\/p>\n

\"Bitcoin<\/p>\n

With its drop in the past day, Bitcoin has slipped under the Active Realized Price situated at $88,600, corresponding to the average cost basis of the active market participants.<\/p>\n

The next closest level is the True Market Mean, which is another cost basis model for the BTC network. Currently, this level is located at $82,000. “A breakdown below both Active Investors and the True Market Mean would mark the first major confirmation of a deeper bear trend since May 2022,” explained the Glassnode researcher.<\/p>\n

BTC Price<\/h2>\n

At the time of writing, Bitcoin is trading around $87,200, down 13% over the last week.<\/p>\n

\"Bitcoin<\/p>\n","protected":false},"excerpt":{"rendered":"

Data shows the Bitcoin Mayer Multiple has declined to the lower bound of its range recently, which suggests a slowdown in momentum for BTC. Bitcoin Mayer Multiple Is Now Retesting Its Lower Bound As explained by on-chain analytics firm Glassnode in a new Mayer Multiple” refers to an indicator that keeps track of the ratio…<\/p>\n","protected":false},"author":1,"featured_media":16189,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[10,1612,9,6272,12,13],"class_list":["post-16188","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-mayer-multiple","tag-bitcoin-news","tag-bitcoin-price-level","tag-btc","tag-btcusdt"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/16188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=16188"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/16188\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/16189"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=16188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=16188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=16188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}