Bitcoin has entered the “darkest days” of its bear market correction, based on a classic BTC price indicator hitting near four-year lows. Bitcoin’s 45% crash from its $126,000 peak has placed onchain indicators in focus as market participants search for where BTC price is likely to bottom. The Mayer Multiple is among the indicators suggesting that a bottom could be reached soon. In a post on X on Tuesday, analyst On-Chain College said that the Bitcoin Mayer Multiple score had dropped to levels “usually reserved for deep bear market corrections.” The indicator measures Bitcoin’s current price against its 200-day ... (full story)