BTC Mayer Bands: $79,676.63
The same idea as the Mayer Multiple, drawn on the price itself: the 200-day average with bands at 0.6, 0.8, 1.5 and 2.4 times it. Where the price sits between the bands tells you how stretched the market is, in dollars.
Five lines built from the average closing price of the last 200 days, at 0.6, 0.8, 1, 1.5 and 2.4 times that value. They mark the levels where bitcoin has historically been unusually cheap or unusually expensive against its own year-long average.
For example, with the 200-day average at $92,000, the bands sit at roughly $55,000, $74,000, $92,000, $138,000 and $221,000. Price below the 0.8 band has occurred **only** in the cheapest months of past cycles; price **above** the 2.4 band only close to tops.
Between the middle bands is ordinary and says little. These levels come from past behaviour, not from any rule the market has to follow.
In words: take the average of the last 200 daily closing prices and draw lines at 0.6, 0.8, 1, 1.5 and 2.4 times it, with bitcoin's price on top.
The multipliers are the classic fixed levels rather than a rolling measure of where the price actually spent its time, so they fit some eras better than others.
Our own full BTC price history (btc_price_daily: blockchain.info daily closes, 2010-08 to today, 5800+ points). No external API at request time.
Own compute · full BTC price history 2010+ (no external API)