Firsthand Bitcoin · Data · Bitcoin miners
Data / Mayer multiple / 2021
The bitcoin price divided by its 200-day moving average.
Mayer multiple opened 2021 at 2.22× (January 1, 2021) and closed at 0.99× (December 31, 2021), down 55.5%. The high was 2.75× on January 8, 2021 and the low 0.71× on July 19, 2021.
| Month | Month end |
|---|---|
| January 2021 | 1.88× |
| February 2021 | 2.09× |
| March 2021 | 1.99× |
| April 2021 | 1.50× |
| May 2021 | 0.92× |
| June 2021 | 0.79× |
| July 2021 | 0.95× |
| August 2021 | 1.04× |
| September 2021 | 0.96× |
| October 2021 | 1.35× |
| November 2021 | 1.25× |
| December 2021 | 0.99× |
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 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2021: 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