The Bitcoin price is increasingly low compared to its 200-day moving average — a key “buy the dip” signal, per the classic BTC price indicator.
Bitcoin Mayer Multiple hits lows that last accompanied $30K BTC price
![Bitcoin Mayer Multiple hits lows that last accompanied K BTC price Bitcoin Mayer Multiple hits lows that last accompanied K BTC price](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvMDRkMDJlYzctZGJlZC00ZWI2LWFjNzEtMTFjYjMxYWQ0Y2E3LmpwZw==.jpg)
The Bitcoin price is increasingly low compared to its 200-day moving average — a key “buy the dip” signal, per the classic BTC price indicator.