Metric that Accurately Predicted Bitcoin Boom in 2019 Flashes Again

Bitcoin may have dropped hugely after setting a yearly high near $10,500, but the small bump has not deterred it from pursuing a significant bull run towards $26,000.
That is possible, according to Mayer Multiple (MM) – a popular metric that assists traders in identifying speculative bubbles and bearish exhaustion in the crypto market. The technical indicator this month flashed ‘bull’ for the first time since February 2019, noting that bitcoin is at the beginning of a new bubbl