Important points
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Bitcoin’s Mayer Multiple classic metric remains far from being overheated, even though the price is only a couple of centimeters from its highest point.
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BTC Price Action could be a Benefit “new upward impulse” A popular CryptoQuant writer explains the results of his analysis.
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The next bull market peak is expected to be in October 2025.
BitcoinBTC( ) “undervalued” According to the latest analysis of an old BTC price measure, BTC prices are still at near-all-time highs.
Then, you can also find out more about the following: 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 is now around $108,000, after a 90% increase over the last year. But the Mayer Multiple has not yet called a BTC top.
The Multiple is calculated by comparing BTC/USD against its simple 200-day moving mean. This value can then be used to gauge the strength of the market when compared with similar times in past 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 reportedA giant list of thirty “bull market peak” Monitoring resource indicators CoinGlass The remaining 100% of the original product is “hold” territory.
Analysts say that BTC prices will be at their highest in October.
The current trend is expected to continue for a while, but there are estimates as to when it will end. “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 a timeframe for the top of a cycle, and revealed that profits had begun to be taken.
Enjoy your day of profit, I’ve just sold another 2 percent. 💰
In October I still think we’ll see the cycle peak – so I will be leaving around then.
Sticking with the plan 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,” CryptoCon analyst continued in his own X post Topics to consider
“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…”
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Source: cointelegraph.com
