Bitcoin’s Mayer Multiple Signals Wider Capitulation and Raising Speculation of Bottom

Bitcoin short term holders are panic selling at a loss but was this capitulation or just a leverage reset?

Bitcoin’s Mayer Multiple Signals Wider Capitulation and Raising Speculation of Bottom

Bitcoin ($BTC) has again entered a crucial territory this weekend, showing signals of deep capitulation. Specifically, the Mayer Multiple indicator of Bitcoin ($BTC) has plunged to 0.6, highlighting that the flagship crypto asset is trading up to 40% below the 200-day moving average thereof. As per the data from CryptoQuant, this rare development differs from typical corrections. Hence, it reportedly marks a full-blown capitulation phase. WHEN …

Short-Term Capitulation Hits as Bitcoin Diverges From Long-Term Value

TLDR: Bitcoin shows strong correlation with equities, placing short-term price action under macro and liquidity influence. Short-term holders sent over 94,000 BTC to exchanges at a loss, marking the largest capitulation of this correction. Options data shows negative gamma exposure, increasing the chance of sharp moves around key expiration dates. Long-term power-law valuation signals Bitcoin trades over 40% below trend despite ongoing macro pr…

Bitcoin Trades Far Below Long-Term Trend as Capitulation Signals Appear Bitcoin News ETHNews

Bitcoin is now trading at one of its deepest statistical discounts to trend on record. According to a CryptoQuant report, the Mayer Multiple has fallen to 0.6, meaning Bitcoin’s price is sitting roughly 40% below its 200-day moving average. This level has historically appeared only during periods of severe market capitulation. Rather than reflecting short-term volatility, the Mayer Multiple highlights how far price has deviated from its long-ter…