Basic Points:
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The classic mayer of bitcoin with many metrics is far from overheating despite the price of inches from all times high.
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The BTC price action can enjoy a “new upward impulse” as a result, says the review from a popular cryptoquant.
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October 2025 gets favor as the point of the next top market top.
Bitcoin (Btc) is “undervalued” despite staying closely all the time, according to a new review of a classic BTC price measurement.
In a X post On Tuesday, Axel Adler Jr., a contributing to the Onchain analytics platform, revealed promising signals from Mayer of Bitcoin.
Bitcoin Mayer Multiple “Significant Below Overbought Thresholds”
Bitcoin may rotate $ 108,000 after 90% earned last year, but Mayer Multiple is far from ready to call the top of the BTC price.
Multiple BTC/USD comparisons in its 200-day simple transfer of average, and the resulting value can be used as a strength size compared to similar times in previous market cycles.
“Currently, the scale stands at 1.1х (price to 200-day average move), which falls inside the neutral zone (0.8-1.5х) and significantly less than overly cautious thresholds (1.5х),” Adler wrote.
“Mayer now suggests that Bitcoin is trading in a discount on its historic bull rally and is rather not measured than excessive amounts – a great fuel reserve for a new upward impulse.”
While multiple does not offer strict purchases or selling signals, it generates one of a large number of onchain metrics that has yet to signal a bull market top.
Number Cointelegraph reporteda giant list of 30 “Bull Market Peak” indicators from Monitoring Resource Coinglass Remains 100% on “Hold” territory.
Top BTC prices in October, says analysts
However, the estimates of when the current “blow-off top” can be encountered will vary.
Related: ‘Wrong Move’ to $ 105k? 5 things to know in bitcoin this week
An increasingly popular target is October 2025That month is included in the businessman and analyst Capital, as a result of the historical comparison.
“If Bitcoin goes to the climax of its Bull Market in September/October 2025 according to each historical cycle of cycles … That’s only 2-3 months away,” he rewritten On the weekend.
This week, fellow businessman Jelle agreed with the Time Frame for a top of the cycle, announced that the income was started.
Happy day of income earning by the way – I only sell another 2% of handles. 💰
Still thinking we saw a top of the cycle in October – and I would go out around that time.
Stick to the plan, Sunday on, Sunday.#Bitcoin pic.twitter.com/ohq1plkwcj
– Jelle (@cryptojellenl) July 8, 2025
“Some people are under the impression that the cycle can be expanded in 2026 (year of bear market) due to slower price action,” analyst Cryptocon continues his own x post on the subject.
“Most of the data seems to be favored that the cycle is complete at the end of this year. Let’s see what October is carrying! More waiting to come in …”
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
