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Data / Mayer multiple / 2024
The bitcoin price divided by its 200-day moving average.
Mayer multiple opened 2024 at 1.34× (January 1, 2024) and closed at 1.31× (December 31, 2024), down 2.2%. The high was 1.84× on March 13, 2024 and the low 0.85× on September 7, 2024.
| Month | Month end |
|---|---|
| January 2024 | 1.26× |
| February 2024 | 1.69× |
| March 2024 | 1.63× |
| April 2024 | 1.26× |
| May 2024 | 1.26× |
| June 2024 | 1.06× |
| July 2024 | 1.08× |
| August 2024 | 0.93× |
| September 2024 | 1.01× |
| October 2024 | 1.13× |
| November 2024 | 1.45× |
| December 2024 | 1.31× |
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 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015 · 2014 · 2013
Also in 2024: 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 · Miner prices per terahash · Bitmain releases and the bitcoin price