<ul data-eligibleForWebStory="false"><li>Bitcoin's Mayer Multiple, currently at 1.1x, suggests it is not overbought and still undervalued compared to historical bull market tops.</li><li>Analysts point to the current market mood as indicating room for further growth, with potential peak of the cycle in October 2025.</li><li>Contrarian views suggest a shift from parabolic tops to more gradual price discovery, fueled by institutional interest and market developments.</li><li>The Mayer Multiple serves as a market sentiment indicator, hinting that now might be an advantageous time to buy Bitcoin and participate in the ongoing bull run.</li></ul>

Chart of the Day – Bitcoin’s Price Isn’t Overheated, It Might Still Be Cheap

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