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Key indicator shows its good time to accumulate as Bitcoin price touches $7800

Key indicator shows its good time to accumulate as Bitcoin price touches $7800 | CryptoSlate

As the Bitcoin price surpassed $7,500 on Nov. 27th, a key long term trend indicator showed that it is still a good period to accumulate BTC. Since the Ecoinometrics team released its latest “Daily Bitcoin Mayer Multiple Report” citing the Mayer multiple, a ratio of the Bitcoin price to 200-day moving average, the Bitcoin price …








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