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RE: Weekly Update Diversification Protocol Week 27 - Multiple 0.72 - 53.55% Undervalued - Long Term Extremely Bullish - 100% In BTC - Living Off Gold
Hi Michiel as always, it is great to see you posts. As I have also expressed before, I am very interested in the Mayer Multiple. However, I just have one thought, that I hope to bounce off you:
Given that the BTC peak of late 2017 is now more than 200 days behind is, wouldn't your MM automatically rise even if the current price stayed the same? If yes, how big of an issue do you think that this is with MM as an indicator?