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via BeInCrypto · By BeInCrypto Editorial

Wall Street Only Looked Like This in 1929 and 2000: What It Means for Bitcoin?

BTC

BTC/USDT

$63,133.03
+0.08%
24h Volume

$2,520,502,346.27

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,124.99

0.06%

Volume (24h): -

Resistance Levels
Resistance 3$66,089.47
Resistance 2$64,394.57
Resistance 1$63,626.42
Price$63,124.99
Support 1$62,999.35
Support 2$62,275.00
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.5
BE
BeInCrypto Editorial
(02:31 PM UTC)
1 min read
EW
Reviewed byEmily Watson

The Shiller CAPE ratio for the S&P 500 sits near 40 to 42, approaching the record of roughly 44 set during the late-1990s dot-com bubble.

That reading places equity valuations in rare territory, and Bitcoin holders have reason to pay attention.

What the CAPE Ratio Actually Measures

The cyclically adjusted price-to-earnings ratio, or CAPE, divides an index by the ten-year average of…

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Source

BeInCrypto Editorial · BeInCrypto

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