Why Bitcoin’s Mayer Multiple Thinks $108K Is Still Bargain Bin Hunting 🎣

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Key points:

  • Bitcoin’s trusty Mayer Multiple sits cool and collected, not one bit overheated, even as BTC hovers dangerously close to its all-time high (someone give this thing a thermometer!).

  • There’s talk in the wind, some say the market’s got fuel for another “upward impulse”—courtesy of a CryptoQuant analyst with the hope of an oil prospector and the mustache of a prospector, too (one can hope).

  • Word is, keep your hats on till October 2025; that’s the date folks are betting the bull market stops for a breath. Or a nap. Or bankruptcy court, depending on your luck. 🤠

Out in the mercury heat of digital money, Bitcoin (BTC) lingers close to heavenly peaks, yet some whisper it remains a bargain—a relic marked half-priced in an old mining town shop window. The Mayer Multiple, that dodgy yardstick of value everyone knows but nobody quite understands, insists we’re “undervalued,” as if the price tag was scribbled on by an optimist in a thunderstorm.

Axel Adler Jr.—a contributor to the high-and-mighty halls of CryptoQuant—clambered on his digital soapbox on X, dust in his boots and certainty in his thumbs, to declare the Mayer Multiple flashes green like a new spring. The crowd, restless but alert, listened.

Bitcoin Mayer Multiple Ain’t Sweating, Just Yet 😅

Sure, the charts tell us Bitcoin camps out around $108,000 after eating a 90% gain for breakfast. But the Mayer Multiple? It’s not shouting from the rooftops. It’s barely mumbling. The Multiple, clever cuss that it is, pits BTC against its 200-day moving average—like sizing up a wild stallion against its reflection and acting surprised when both are beautiful and impossible to tame.

“The metric stands at 1.1x, square inside the neutral paddock (0.8–1.5x) and far below the rowdy overbought thresholds (1.5x),” Adler wrote, pen in hand, hope in heart.

“Today’s Mayer Multiple says Bitcoin is selling at a discount to the grand old bull rallies—undervalued, not drunk on its own legend—a full tank for another wild ride.”

Of course, the Multiple isn’t going to tell you when to pack your bags and sell the farm—no, it’s more likely to stroke its beard and mutter about the weather. It’s just one of many old tales shared around campfires, along with thirty other “bull market peak” gadgets ComicGlass insists are all blinking “hold.” Like traffic lights in a ghost town. Don’t expect a parade just yet.

BTC Price Top Guessing—Pick Your Month Like Picking Apples 🍏🎃

Everyone’s got a date for this party. Some say the real fireworks pop off in October 2025—a time flagged not just by chance, but by Rekt Capital and his posse, drawing circles on history the way bored ranch workers trace lines in the dirt.

“If Bitcoin peaks in September or October 2025, just like its older halving cousins, well, that’s only a couple of turns of the calendar away,” Rekt mused, probably squinting at the sunset, pretending not to care.

This week, another rider—Jelle—tips his hat to October as well, selling off a chunk of his stash (thinking ahead, or just cleaning out the barn):

Happy profit-taking day by the way – I just sold another 2% of the holdings. 💰

Still thinking we see a cycle top in October – and I’ll be out right around that time.

Sticking to the plan, week in, week out.
#Bitcoin

— Jelle (@CryptoJelleNL) July 8, 2025

But the rumor mill runs deep—CryptoCon cleared his throat and offered a warning wrapped in a riddle:

“Some think this cycle staggers into 2026 because price moves slower than a mule on strike. But most reckon it’s a 2025 thing. October holds its cards close. Waiting, always waiting…”

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2025-07-08 11:31