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Data / Mayer multiple / 2014
The bitcoin price divided by its 200-day moving average.
Mayer multiple opened 2014 at 2.55× (January 1, 2014) and closed at 0.68× (December 31, 2014), down 73.5%. The high was 2.97× on January 6, 2014 and the low 0.62× on October 6, 2014.
| Month | Month end |
|---|---|
| January 2014 | 2.02× |
| February 2014 | 1.23× |
| March 2014 | 0.83× |
| April 2014 | 0.75× |
| May 2014 | 0.97× |
| June 2014 | 0.97× |
| July 2014 | 0.95× |
| August 2014 | 0.90× |
| September 2014 | 0.70× |
| October 2014 | 0.68× |
| November 2014 | 0.76× |
| December 2014 | 0.68× |
How far the price sits above or below its 200-day average. Under 1, bitcoin is below its trend; historically, buying below 1 has beaten buying above it over any long horizon. Readings over 2.4 have only occurred in the late stage of bull markets.
Other years: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2013
Also in 2014: Bitcoin price · Distance from the all-time high · Network hashrate · Mining difficulty · Difficulty adjustments · Fees paid to miners · Transactions per day · Hashprice · Miner revenue · Bitmain releases and the bitcoin price · Break-even electricity price · What a bitcoin costs us to mine, against the market