Mayer gives multiple hints that the Bitcoin Bull Run has room to run.

Important points

• Bitcoin’s Mayer Multiple is still a classic despite the price only being a few centimeters away from its all-time highest.

• BTC could benefit from a price increase. “new upward impulse” As a result of this, a well-known CryptoQuant contributing author has provided an analysis.

• It is becoming more popular to consider October 2025 as the date of the next bull-market top.

BitcoinBTC( ) “undervalued” According to a new analysis, the classic BTC pricing metric is still near its all-time highest levels.

It is a good idea to get in touch with someone who can help you. X post Axel Adler Jr. revealed Tuesday that Bitcoin’s Mayer Multiple has been revealing promising signals.

Bitcoin Mayer Multiple “significantly below overbought thresholds”

Bitcoin’s price may have risen by 90% in the past 12 months, and is currently hovering around $108,000. However, the Mayer Multiple remains far from willing to declare a BTC peak.

The multiple compares the BTC/USD with its 200-day moving average. Its resulting value is a measure of strength when compared to previous cycles.

“Currently, the metric stands at 1.1х (price to 200-day moving average), which falls within the neutral zone (0.8–1.5х) and is significantly below overbought thresholds (1.5х),” Adler wrote.

“Today’s Mayer Multiple indicates that Bitcoin is trading at a discount to its historical bull rallies and is rather undervalued than overvalued – a good fuel reserve for a new upward impulse.”

The Multiple is not a buy/sell signal, but it’s one of many onchain metrics that haven’t yet indicated a bullish market peak.

The following are some of the ways to get in touch with us. Cointelegraph reportedThe list is huge. “bull market peak” Monitor resource indicator CoinGlass Stay 100% In “hold” territory.

BTC to top the charts in October according to analysts

Estimates of the time when this current upward trend may end are difficult to make. “blow-off top” vary.

Related: ‘False move’ to $105K? 5 things to know in Bitcoin this week

The target of choice is growing in popularity October 2025Rekt, the trader-analyst, flagged this month, as well, due to a historical comparison.

“If Bitcoin is going to peak in its Bull Market in September/October 2025 as per historical Halving cycles… That’s only 2-3 months away,” He reiterated Over the weekend

Jelle, another trader, agreed this week on the timing of a top in a cycle, and revealed that profits had begun to be taken.

Just to say Happy Profit-taking Day, I have just sold an additional 2% of my holdings. 💰

The cycle will peak in October, and I plan to be gone around this time.

Staying on track week after week.#Bitcoin pic.twitter.com/ohQ1PlkwcJ

— Jelle (@CryptoJelleNL) July 8, 2025

“Some people are under the impression that the cycle can extend into 2026 (year of the bear market) because of the slower price action,” Analyst CryptoCon continues in his own X post On the subject. 

“Most data seems to favor that the cycle will be complete by the end of this year. Let’s see what October brings! More waiting inbound…”

The article is not intended to provide investment advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.