Name: Why Bitcoin’s Bear Market Might Be Coming to a Close
Uploaded: 2022-05-04T19:32:00.000Z
Duration: 1 min 1 s
Description: Bitcoin’s “Mayer Multiple,” the ratio of BTC's price to the 200-day simple moving average (SMA), is just shy of 0.80, indicating that the “digital gold” is at a point of undervaluation and trading at a nearly 20% discount. Plus, a discussion on the impact of hawkish Federal Reserve policy on BTC price as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

CD20$2,037.910.71%BTC$75,863.931.05%ETH$2,087.450.39%XRP$1.330.51%SOL$83.980.45%

Why Bitcoin’s Bear Market Might Be Coming to a Close | CoinDesk Videos

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CD20$2,037.910.71%BTC$75,863.931.05%ETH$2,087.450.39%XRP$1.330.51%SOL$83.980.45%

Why Bitcoin’s Bear Market Might Be Coming to a Close | CoinDesk Videos