<ul data-eligibleForWebStory="false"><li>Bitcoin price near $108,000 is considered cheap with a Mayer multiple of just 1.1x, signaling more potential upside.</li><li>On-chain signals suggest the market has not reached euphoria, indicating the current rally may be midway through.</li><li>Technical indicators like CoinGlass show a 'hold' sign, hinting at possible gains before a final cycle high.</li><li>The timing of Bitcoin's next major peak is debated, with analysts pointing to around October 2025 based on historical halving cycles.</li></ul>

Bitcoin Price Near $108,000, But Mayer Multiple Shows More Upside Potential

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