BTC 2-Year MA Multiplier is signaling that Bitcoin is in its value area. All this does is see if Bitcoin trades below its 2 year moving average. Everything underneath, marked in green, is usually considered good long term value. It marked the bottom in every cycle so far, but as you can see with a big note. Last cycle it traded down there for almost 1.5 years and extended up to -30% deeper. So take it with a big grain of salt. But we can all agree that these valuations make more sense than if price were to be trading near its 2 year moving average x5 (red line) which has roughly marked the top in every cycle except the last one.(Daan Crypto Trades)