TechFlow news, on January 24, Glassnode posted on X that the current Bitcoin Mayer Multiple is 1.37. Historical data indicates that a Mayer Multiple greater than 2.4 (approximately $181,000) signals overbought conditions, equal to 1.0 (around $75,000) represents neutral conditions, and below 0.8 (under $60,000) indicates oversold conditions.
Bitcoin's current price has risen above its 200-day moving average. Data shows that Bitcoin’s 60-day price range is currently very narrow. Historically, such tight price ranges often precede significant volatility.





