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Data / Mayer multiple / 2020
The bitcoin price divided by its 200-day moving average.
Mayer multiple opened 2020 at 0.78× (January 1, 2020) and closed at 2.16× (December 31, 2020), up 177.4%. The high was 2.16× on December 31, 2020 and the low 0.63× on March 18, 2020.
| Month | Month end |
|---|---|
| January 2020 | 1.05× |
| February 2020 | 0.99× |
| March 2020 | 0.74× |
| April 2020 | 1.05× |
| May 2020 | 1.23× |
| June 2020 | 1.10× |
| July 2020 | 1.30× |
| August 2020 | 1.29× |
| September 2020 | 1.16× |
| October 2020 | 1.35× |
| November 2020 | 1.58× |
| December 2020 | 2.16× |
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 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2020: 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