The researcher spoke about the potential profitability of investments in bitcoin at current levels
Analyst Matt Rowe compared the dynamics of the Mayer Multiple indicator with the historical profitability of investing in bitcoin. He came to the conclusion that buying cryptocurrencies from current levels can bring “X” to patient investors. #Bitcoin Mayer Multiple is: Price / 200 Day Simple Moving Average (SMA) of Price. It’s currently at levels we … Read more