TechFlow, July 8 — According to Cointelegraph, analyst Axel Adler Jr.'s latest research shows that although Bitcoin's price is nearing its all-time high, its Mayer Multiple stands at only 1.1x (the ratio of price to the 200-day moving average), remaining within the neutral range (0.8–1.5x) and far below the overheating threshold (1.5x). This indicates that Bitcoin is still trading at a discount compared to previous bull markets, providing "a solid fuel reserve for a new round of upward movement."
Several prominent analysts, including Rekt Capital and trader Jelle, unanimously predict a bull market peak in October 2025. Analyst CryptoCon added: "Some believe the cycle might extend into 2026 due to the slowing price momentum, but most data appears to support the completion of this cycle by the end of this year. Let's wait and see what October brings!"
