Bitcoin's Mayer Multiple hits 2022 levels: Where is BTC price bottom?

The Bitcoin Mayer Multiple reached 0.65, echoing the deep bear market conditions of 2022 and sparking debate on whether BTC's real bottom lies at $50,000 or lower.
Source: Bitcoin's Mayer Multiple hits 2022 levels: Where is BTC price bottom? (https://cointelegraph.com/news/bitcoin-mayer-multiple-hits-2022-where-is-btc-price-bottom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)