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Bitcoin may be signaling an interesting entry 🤔
The Mayer Multiples BTC/Gold and BTC/Silver have fallen below 1 — this historically indicates that Bitcoin is being traded at a discount relative to precious metals.
The numbers speak: in October 2025, the BTC/Gold multiple was 1.06, with Bitcoin at $114,874 and its 200-day moving average at $108,797.
The interesting detail? While Bitcoin rose 21% this year, gold shot up 54% and silver 63%. When this dynamic historically reverses, Bitcoin tends to recover strongly.
If the pattern repeats, there may be significant upward space ahead. It's worth monitoring this indicator.