Bitcoin Mayer Multiple Suggests Potential Undervaluation Ahead of Possible October 2025 Price Peak

• Bitcoin’s Mayer Multiple suggests the cryptocurrency remains undervalued despite nearing all-time highs, indicating potential for further upward momentum.

• Analysts increasingly point to October 2025 as a likely timeframe for Bitcoin’s next major bull market peak, based on historical halving cycles and on-chain data.

• According to CryptoQuant contributor Axel Adler Jr., Bitcoin’s Mayer Multiple currently sits well below overbought levels, signaling a strong foundation for continued price growth.

Bitcoin’s Mayer Multiple reveals undervaluation near all-time highs, with analysts forecasting an October 2025 bull market peak based on historical and on-chain metrics.

Bitcoin’s Mayer Multiple Indicates Room for Growth Amid Near All-Time Highs

Despite Bitcoin’s price approaching historic highs, the Mayer Multiple—a key metric comparing Bitcoin’s price to its 200-day moving average—remains comfortably within a neutral range. Currently at approximately 1.1x, this value is significantly below the 1.5x threshold often associated with overbought conditions. This suggests that Bitcoin is not yet overheated and retains substantial upward potential.

Axel Adler Jr., a respected contributor to CryptoQuant, emphasizes that this metric reflects Bitcoin trading at a discount relative to previous bull market rallies. The Mayer Multiple’s neutral stance implies a “fuel reserve” for a new upward impulse, reinforcing the notion that the current market cycle has room to mature before peaking.

On-Chain Metrics Support a Sustained Bull Market Phase

Complementing the Mayer Multiple, a broad spectrum of on-chain indicators continues to signal a hold stance rather than a sell-off. Monitoring platforms like CoinGlass report that thirty key bull market peak indicators remain far from triggering a top signal. This convergence of data points underscores the resilience of Bitcoin’s current uptrend and diminishes the likelihood of an imminent market reversal.

Investors and traders should consider these metrics as part of a comprehensive analysis toolkit, recognizing that while no single indicator guarantees market direction, the collective data supports ongoing bullish momentum.

October 2025 Emerges as a Consensus Target for Bitcoin’s Next Bull Market Peak

Market analysts and traders are increasingly converging on October 2025 as the probable timing for Bitcoin’s next significant price peak. This forecast aligns with historical patterns observed in Bitcoin’s halving cycles, which have traditionally preceded major bull runs.

Popular analyst Rekt Capital highlights that the anticipated peak is only a few months away, suggesting that investors should prepare for potential volatility and profit-taking opportunities. Similarly, trader Jelle has publicly shared his strategy of gradually reducing holdings ahead of the expected cycle top, reinforcing the October timeframe as a critical juncture.

Market Sentiment and Strategic Positioning Ahead of the Cycle Top

While some market participants speculate that the current cycle might extend into 2026 due to slower price appreciation, the prevailing data favors a completion by the end of 2025. Analyst CryptoCon notes that most indicators point toward an imminent cycle conclusion, underscoring the importance of cautious optimism and disciplined trading strategies.

This sentiment is echoed by traders who are actively managing risk through incremental profit-taking, balancing exposure with the anticipation of a potential blow-off top. Such behavior reflects a mature market approach, combining technical analysis with prudent capital management.

Conclusion

Bitcoin’s Mayer Multiple and a suite of on-chain metrics collectively indicate that the cryptocurrency remains undervalued despite its proximity to all-time highs. The growing consensus around an October 2025 bull market peak, supported by historical halving cycles and market data, provides investors with a clear timeframe to monitor. While uncertainty remains inherent in crypto markets, these insights offer a grounded perspective for strategic positioning as Bitcoin’s current uptrend unfolds.