Mayer Multiple Indicators Reveal: Bitcoin is at a critical point in its historical cycle, and 2025 may reach a new high

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CryptoCon2025/01/06 09:06

By:CryptoCon

Based on the historical performance of the Mayer Multiple indicator, the current market status of Bitcoin shows significant cyclical characteristics, perhaps accumulating strength for the next historical high. Data shows that 2022 has already touched the low point of the technical cycle, while March 2024 has shown a typical cyclical top signal. These phase signs are highly consistent with the trends in January 2013, January 2017, and December 2020.

As can be seen from the chart, Mayer Multiple has repeatedly verified its reliability in the Bitcoin bull market throughout history:

In January 2013, Bitcoin entered the bull market starting phase, after which the price rose rapidly.

In January 2017, similar cyclical signals appeared, followed by Bitcoin hitting historical highs.

In December 2020, after a landmark correction, we ushered in the bull market climax of 2021.

Currently, despite the Bitcoin price reaching a new high, the Mayer Multiple indicator shows that the current market trend is still in a healthy bull market channel. Historical data shows that in similar technical cycles, pullbacks often act as catalysts for bull markets, paving the way for higher peaks in the coming years.

In addition, the triggering points of the median (1.61) and low point (0.55) of Mayer Multiple are completely consistent with the current price fluctuations, which further enhances the reference value of this indicator in predicting the trend of the cycle. It is worth noting that the peak of each bull market often appears in a period of time after touching the "new ATH (historical high) ". Whether 2025 will become a continuation of this historical law is worth the market's close attention.

Mayer Multiple Indicators Reveal: Bitcoin is at a critical point in its historical cycle, and 2025 may reach a new high image 0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.