The Mayer Multiple (MM) by Trace Mayer is showing that bitcoin price has already bottomed out signaling the end of the 15-month long bear market. History Repeating Itself for Bitcoin? In the chart above, the green circles represent the MM indicator moving above 1.0 signaling the establishment of a long-term bottom for bitcoin price . Going by this information, it appears another indicator is showing that BTC may have already bottomed out, marking the endRead MoreThe post Key Bitcoin Indicator That Correctly Called 2015 Bottom is Flashing Again appeared first on Bitcoinist.com.
