4 Years Multiple Explained

The 4 years multiple chart shows what multiple the end of day price of bitcoin is on a day compared to the same day 4 years before. The color legend on the right side of the chart represents how many days are left until the next halving.

How to Calculate 4 Year Multiple

1. Choose a day on the chart.
2. For example, we could take July 7, 2021.
3. The end of day price on that day was $36,372.
4. Now we divide that number by the end of day price on July 7, 2017.
5. The end of day price on that day was $2,598.
6. When we divide 36,372 by 2,598, we get 14.
7. That is why there is a 14 showing when you hover over the July 7, 2021 date on this chart.