Key points:
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Despite the price being inches from all-time highs, Bitcoin’s classic Mayer multiple indicators are far from overheating.
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Analysis by popular crypto contributors says BTC price action may enjoy a “new upward impulse.”
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October 2025 will be the top priority of the next bull market.
Bitcoin (BTCAccording to a new analysis of classic BTC price indicators, despite maintaining an all-time high climax, it is still “undervalued”.
exist X Posts On Tuesday, Axel Adler Jr., a contributor to OnChain Analytics platform CryptoQuant, revealed a promising signal for Bitcoin Mayer Molespor.
Bitcoin Mayer multiple “significantly below overbought threshold”
Bitcoin may hover $108,000 after 90% of its gains over the past year, but the Mayer multiple is far from ready to call BTC price increases.
Multiple multiples compare BTC/USD with the 200-day simple moving average, and the resulting values can be used as an intensity meter compared to previous market cycles.
“Currently, the indicator is 1.1 inches (price is 200 days average), which belongs to the neutral zone (0.8-1.5х), which is significantly below the overbought threshold (1.5°).” Adler wrote.
“Today’s Mayer Multi-Multiple People show that Bitcoin is undervalued rather than overvalued for its historic bull rally – a new upward impulse good fuel reserve.”
While multiples do not provide strict buying and selling signals, it forms one of many Onchain indicators that have not yet marked the top of the bull market.
As Auxiliary device reporta huge list of 30 “bull peak” indicators by monitoring resources Small shop Still 100% in the “hold” field.
Analysts say BTC prices are rising.
However, estimates of when the current uptrend will encounter its “blowing top” vary.
Related: “Fake Moving” to $105K? 5 Things You Know About Bitcoin This Week
An increasingly popular goal is October 2025due to historical comparisons, the marks of traders and analysts Rekt Capital are also marked.
“If Bitcoin will peak in its bull market in the historical vacation cycle of September/October 2025…that’s only 2-3 months away from the hotel,” Reiterate On the weekend.
This week, trader Jelle agreed to the time frame at the top of the cycle, indicating that profits have begun.
By the way, a happy day for profit – I just sold 2% of the shares. 💰
Still think we’re seeing a loop top in October – then I’ll come out.
Stick to plan, one week, one week.#bitcoin pic.twitter.com/ohq1plkwcj
-Jelle (@cryptojellenl) July 8, 2025
“Some people have the impression that the cycle can be extended to 2026 (years of bear markets), due to slow prices,” analyst Cryptocon continued His own X post About the topic.
“Most of the data seems to favor the cycle will be completed by the end of this year. Let’s see what October brings! More waiting for inbounds…”
This article does not contain investment advice or advice. Every investment and trading move involves risks and readers should conduct their own research when making decisions.
