“Bitcoin Price Potential of $180,000 Suggested By Mayer Multiple: DMK AI Summary”

📰 DMK AI Summary

Bitcoin’s price potential at $180,000 is suggested by the Mayer Multiple, emphasizing that BTC is closer to “oversold” than “overbought” even during its latest all-time highs. The metric remains steady as Bitcoin struggles to break out decisively, hinting that a blow-off top this month is unlikely. Analysts note that the current market conditions indicate room for BTC to reach new highs.

💬 DMK Insight

The Mayer Multiple’s indication that Bitcoin is not overbought at its current levels points towards a potential price target of $180,000, highlighting ongoing bullish sentiment. As market participants monitor onchain indicators for signs of a trend change, the subdued nature of Bitcoin’s upward momentum suggests a more sustained and gradual price increase rather than a sudden spike.

🧾 Editorial Note

This article was automatically summarized and analyzed by DMK News Bot’s AI System, using publicly available data and verified financial updates.

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