Bitcoin Mayer Multiple Signals Undervaluation at $108K
Recent analysis of Bitcoin‘s Mayer Multiple suggests that despite nearing all-time highs, BTC may currently be undervalued. This key cryptocurrency metric compares the BTC/USD price to its 200-day moving average, helping assess whether Bitcoin is overbought or oversold.
Understanding the Mayer Multiple Metric
Currently at 1.1x, the Mayer Multiple remains in the neutral zone (0.8-1.5x) and well below overbought levels (1.5x). Axel Adler Jr. of CryptoQuant notes this indicates Bitcoin trades at a discount compared to historical bull markets, potentially signaling room for growth.
Market Outlook and Expert Perspectives
Analysts debate the timing of the next market peak, with prominent voices like Rekt Capital and Jelle projecting October 2025 based on halving cycle patterns. Early profit-taking activity among some traders reflects this cautious optimism.
Key Market Indicators
- The Mayer Multiple shows neutral valuation at 1.1x
- Historical patterns suggest potential upside
- October 2025 emerges as consensus peak timeframe
Final Considerations
While metrics like the Mayer Multiple indicate possible growth, cryptocurrency markets remain volatile. We recommend thorough personal research before making any financial decisions.
