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

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

Bitcoin By Gavin08/07/2025
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The following are key points.

  • 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.

  • BTC could benefit from a price increase. “new upward impulse” A popular CryptoQuant writer explains the results of his analysis.

  • The next bull market peak is expected to be in October 2025.

BitcoinBTC( ) “undervalued” New analysis shows that BTC prices are still near their all-time highest levels, despite the fact they have remained at or close to those highs.

It is a good idea to get in touch with someone who can help you. X post Axel Adler Jr. a contributor at the onchain analytics platform CryptoQuant revealed positive signals coming from Bitcoin’s Mayer Multiple on Sunday, July 8.

Bitcoin Mayer Multi “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 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.”

Bitcoin Mayer multiple chart. Source: Axel Adler Jr.X

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 30 “bull market peak” Monitoring resource indicators CoinGlass Stay 100% In “hold” territory.

Bitcoin Bull Market Peak List Source: CoinGlass

Analysts predict that BTC will be at its 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 capital, a popular analyst and trader, has also flagged that date as the result of comparing historical data.

“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 Weekends are a great time to get away.

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

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

In October I still think we’ll see the cycle peak – so I will be leaving around then.

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,” Popular 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…”

Bitcoin bull-market comparison Source: CryptoCon/X

The article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.