Bitcoin's Mayer Multiple suggests potential for upward move, indicating undervaluation despite nearing all-time highs.

Bitcoin’s Mayer Multiple metric shows the price is not overheated, signaling a potential upward move. Analysts suggest a bull market top in October 2025. Despite Bitcoin nearing all-time highs, the Mayer Multiple indicates undervaluation. Multiple indicators, including CoinGlass, show no sell signals for the current bull market. Analysts predict a cycle top in October 2025, with profit-taking already starting. Some speculate the cycle could extend into 2026, but most data suggests completion by the end of 2025.

Read more at Cointelegraph: Bitcoin Bull Run Has Room To Run, Mayer Multiple Hints