Colored Mayer Multiple

What is the Colored Mayer Multiple?

This chart shows the Bitcoin Mayer Multiple, colored by percentile, to visually represent Bitcoin's price compared to its historical averages.

Each color on the chart indicates a different range of the Mayer Multiple's percentile:

• Blue: Below the 20th percentile (extremely low levels relative to history).
• Green: Between the 20th and 40th percentile (relatively low levels).
• Yellow: Between the 40th and 60th percentile (moderate levels).
• Orange: Between the 60th and 80th percentile (above average levels).
• Red: Above the 80th percentile (extremely high levels, potentially overbought).

This color-coding makes it easier to compare the current level of the Mayer Multiple against historical data, helping to identify if Bitcoin is overvalued or undervalued based on past performance.