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Data / Mayer multiple / 2017
The bitcoin price divided by its 200-day moving average.
Mayer multiple opened 2017 at 1.43× (January 1, 2017) and closed at 2.09× (December 31, 2017), up 45.6%. The high was 3.56× on December 19, 2017 and the low 1.14× on March 26, 2017.
| Month | Month end |
|---|---|
| January 2017 | 1.34× |
| February 2017 | 1.55× |
| March 2017 | 1.23× |
| April 2017 | 1.42× |
| May 2017 | 2.04× |
| June 2017 | 1.81× |
| July 2017 | 1.71× |
| August 2017 | 2.21× |
| September 2017 | 1.64× |
| October 2017 | 1.97× |
| November 2017 | 2.46× |
| December 2017 | 2.09× |
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 · 2016 · 2015 · 2014 · 2013
Also in 2017: Bitcoin price · Distance from the all-time high · 200-day and 200-week averages · 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