🎉 Bitcoin's Mayer Multiple, a key price indicator, has hit an 8-month low, suggesting a "healthy reset" to bullish sentiment. 🐻 Despite a 17% dip and a bearish mood, Bitcoin is still at $60,000. The Mayer Multiple, which measures Bitcoin's current price against its 200-day moving average, is hinting at a potential recovery. 📈 Last time it hit this low, we saw a price turnaround. Is history repeating itself? 🔄 Let's chat in the comments! #Bitcoin #CryptoNews