{"id":25168,"date":"2025-07-08T13:23:18","date_gmt":"2025-07-08T10:23:18","guid":{"rendered":"https:\/\/forklog.com\/en\/mayer-multiple-indicates-bitcoins-undervaluation\/"},"modified":"2025-07-08T13:23:18","modified_gmt":"2025-07-08T10:23:18","slug":"mayer-multiple-indicates-bitcoins-undervaluation","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/mayer-multiple-indicates-bitcoins-undervaluation\/","title":{"rendered":"Mayer Multiple Indicates Bitcoin&#8217;s Undervaluation"},"content":{"rendered":"<p>The Mayer Multiple metric suggests that the leading cryptocurrency is undervalued, despite its price nearing historical highs. This conclusion comes from an analysis by CryptoQuant&#8217;s Axel Adler Jr.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The Bitcoin Mayer Multiple is another classic model in analysis. Currently, the metric stands at 1.1\u0445 (price to 200-day moving average), which falls within the neutral zone (0.8\u20131.5\u0445) and is significantly below overbought thresholds (1.5\u0445).<\/p>\n<p>Today&#8217;s Mayer Multiple indicates that\u2026 <a href=\"https:\/\/t.co\/xqhfnNm051\">pic.twitter.com\/xqhfnNm051<\/a><\/p>\n<p>\u2014 Axel ?? Adler Jr (@AxelAdlerJr) <a href=\"https:\/\/twitter.com\/AxelAdlerJr\/status\/1942487369359450368?ref_src=twsrc%5Etfw\">July 8, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The indicator compares Bitcoin&#8217;s price with its medium-term trend line (30-day <span data-descr=\"simple moving average\" class=\"old_tooltip\">SMA<\/span>). Currently, the metric stands at 1.1x. According to Adler Jr., this is a neutral zone (0.8x\u20131.5x), far from the overbought threshold of 1.5x.<\/p>\n<p>The analyst believes that digital gold is trading at a discount compared to past bull rallies, creating room for a new upward momentum.<\/p>\n<p>Adler&#8217;s conclusions are supported by other data. For instance, 30 bull market peak indicators from CoinGlass remain in the &#8220;hold&#8221; zone.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"664\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-07-08-124738-1024x664.png\" alt=\"Snimok-ekrana-2025-07-08-124738\" class=\"wp-image-261538\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-07-08-124738-1024x664.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-07-08-124738-300x195.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-07-08-124738-768x498.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-07-08-124738.png 1331w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.coinglass.com\/bull-market-peak-signals\">CoinGlass<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">A Different Perspective<\/h2>\n<p>Opinions on the potential peak of the current cycle vary. A trader known as Rekt Capital expects it in October 2025, based on historical halving cycles.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a><\/p>\n<p>If Bitcoin is going to peak in its Bull Market in September\/October 2025 as per historical Halving cycles\u2026<\/p>\n<p>That\u2019s only 2-3 months away<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a><\/p>\n<p>\u2014 Rekt Capital (@rektcapital) <a href=\"https:\/\/twitter.com\/rektcapital\/status\/1941574086402125976?ref_src=twsrc%5Etfw\">July 5, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Analyst Jelle concurs, noting that profit-taking has already begun.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Happy profit-taking day by the way \u2014 I just sold another 2% of the holdings. ?<\/p>\n<p>Still thinking we see a cycle top in October \u2014 and I&#8217;ll be out right around that time.<\/p>\n<p>Sticking to the plan, week in, week out.<a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/t.co\/ohQ1PlkwcJ\">pic.twitter.com\/ohQ1PlkwcJ<\/a><\/p>\n<p>\u2014 Jelle (@CryptoJelleNL) <a href=\"https:\/\/twitter.com\/CryptoJelleNL\/status\/1942482823891349652?ref_src=twsrc%5Etfw\">July 8, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Another expert, known as CryptoCon, believes the cycle could end by the end of this year.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">According to the time between cycle bottoms and cycle tops (about 152 weeks), the Bitcoin cycle top will be in October this year.<\/p>\n<p>We&#8217;ve got about 21 weeks or 5 months until we get there.<\/p>\n<p>How are we shaping up so far?<\/p>\n<p>Other cycles had already completed their First Cycle Top by\u2026 <a href=\"https:\/\/t.co\/b4BQSsLcNh\">pic.twitter.com\/b4BQSsLcNh<\/a><\/p>\n<p>\u2014 CryptoCon (@CryptoCon_) <a href=\"https:\/\/twitter.com\/CryptoCon_\/status\/1933580045546651799?ref_src=twsrc%5Etfw\">June 13, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, analysts at Glassnode <a href=\"https:\/\/forklog.com\/en\/news\/glassnode-analysts-observe-a-summer-lull-in-the-cryptocurrency-market\">noted<\/a> a &#8220;summer lull&#8221; in the cryptocurrency market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mayer Multiple metric suggests that the leading cryptocurrency is undervalued, despite its price nearing historical highs. This conclusion comes from an analysis by CryptoQuant&#8217;s Axel Adler Jr. The Bitcoin Mayer Multiple is another classic model in analysis. Currently, the metric stands at 1.1\u0445 (price to 200-day moving average), which falls within the neutral zone [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1268],"class_list":["post-25168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-on-chain-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"41","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=25168"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/25167"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=25168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=25168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=25168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}