The Mayer Multiple was created by Trace Mayer as a way to analyse the price of Bitcoin in a historical context. It does NOT tell whether to buy, sell or hold. The Mayer Multiple is the multiple of the current Bitcoin price over the 200-days moving average.

Why 2.4 ?

Simulations performed by Trace Mayer determined that in the past, the best long-term results were achieved by accumulating Bitcoin whenever the Mayer Multiple was below 2.4.

Since the simulations were based on historical data, they are purely educational and should not be the basis of any financial decision.