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#Bitcoin Mayer Multiple: rally Sustainability Check ✅
📝 The Mayer Multiple is at 0.89, currently just above the "Buy zone (0.8)" on the chart. This marks a shift from deep undervaluation.
📍 $BTC's price rally has pushed the purple indicator line beyond extreme accumulation levels. Yet, the 0.89 reading remains below the Mean (1.0) line.
💡 A sustainable rally, by this indicator, requires a decisive hold above the Mean (1.0). Accumulation chances from historical lows are now limited.