I am selling Bitcoin around 72.79K now, and there is a technical detail catching attention: Mayer's multiple is approaching that level that historically signals undervaluation. For those unfamiliar, this Mayer's multiple basically compares the current price with the 200-day moving average, and when it gets very low, it usually means the market is very pessimistic.

The timing is interesting because the Fed is in the spotlight now. Usually, when there is a central bank decision coming up, the market becomes more volatile and cautious, which can push prices even further down. I've seen this pattern before, and it tends to be a good entry point for those thinking long-term.

Mayer's multiple is basically screaming that Bitcoin is far from the average, so if you're watching the chart, it's worth keeping an eye on this indicator. When this multiple reaches these extreme levels, it's generally when the best opportunities appear, not when everyone is excited.