Mayer Multiple API

Measures how far Bitcoin's price has deviated from its 200-day moving average — identifies undervalued, fairly priced, or overextended phases.

Webhook URL

https://api.hunchmachine.com/webhook/indicators?indicator=mayer_multiple&api_key=YOUR_API_KEY

Description

The Mayer Multiple measures how far Bitcoin's price has deviated from its 200-day moving average (200DMA). It serves as a simple but powerful valuation model that identifies when Bitcoin is undervalued, fairly priced, or overextended relative to its long-term trend.

What this endpoint provides

A quick and intuitive snapshot of Bitcoin's price position compared to its 200-day moving average — one of the most widely followed cycle indicators. It helps automations and dashboards contextualize short- to mid-term market conditions and detect overheated or undervalued phases.

Response fields

value

Ratio of the current Bitcoin price to its 200-day moving average (Mayer Multiple).

zone

Simplified categorical label (bottom, neutral, top) representing valuation level.

scale

Legend defining thresholds that map Mayer Multiple values to each zone.

price_usd

Latest Bitcoin price (USD).

summary

Short natural-language summary of the current Mayer Multiple status.

Output example

[
  {
    "indicator": "mayer_multiple",
    "value": 0.94,
    "zone": "neutral",
    "scale": "Bottom <0.8 | Fair 0.8–2.4 | Top >2.4",
    "price_usd": 103837.33,
    "summary": "Mayer Multiple = 0.94 (Fair / healthy zone.)"
  }
]

Interpretation & Use

The Mayer Multiple provides a reliable historical reference for Bitcoin's cyclical valuation: • **< 0.8** → Undervalued zone — historically strong long-term buying opportunities. • **0.8–2.4** → Fair / healthy zone — sustainable bull phase or mid-cycle expansion. • **> 2.4** → Overheated zone — historically associated with market tops or speculative excess. Use the multiple, zone, and summary fields to monitor when price deviates materially from the 200-day moving average and to trigger automation rules (e.g., reduce leverage when Mayer Multiple > 2.4).