Home » Bitcoin » Bitcoin’s Momentum Remains Strong as Key Metric Signals Room for Major Upside

Bitcoin’s Momentum Remains Strong as Key Metric Signals Room for Major Upside

10.10.2025 17:00 2 min. read Alexander Zdravkov
SHARE: SHARES
Bitcoin’s Momentum Remains Strong as Key Metric Signals Room for Major Upside

Despite trading near record highs around $121,657, Bitcoin may still have plenty of room to climb.

A well-known long-term indicator, the Mayer Multiple, suggests the leading cryptocurrency could stretch as far as $180,000 before becoming overheated.

According to onchain analyst Frank A. Fetter, Bitcoin’s current market position looks “ice cold” compared with previous cycles. The Mayer Multiple, which tracks the relationship between Bitcoin’s price and its 200-week moving average, shows a reading of 1.16 – much closer to levels typically seen in undervalued conditions than those associated with speculative peaks. Historically, the market only enters “overbought” territory when the ratio surpasses 2.4.

That means even as Bitcoin sets new records, its long-term valuation metrics remain unusually subdued. For BTC to hit that 2.4 threshold, its price would need to climb to roughly $180,000.

Some analysts share that optimism. In mid-2025, Axel Adler Jr. described readings near 1.1 as “a strong reserve of energy” for another upward move. With current values sitting just above that mark, many believe the market could still have momentum left for a breakout before year’s end.

Still, not everyone expects a straight path higher. October, often one of Bitcoin’s strongest months, could bring volatile swings before any decisive move. Experts warn that a short-term pullback to the $114,000 – $115,000 range remains possible before the next major push.
Even so, the broader narrative suggests a market that’s far from exhaustion.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

Telegram

SHARE: SHARES
More Bitcoin News
Previous News CaretDown
Bitcoin’s MVRV Flashes Dead Cross as Momentum Fades

Bitcoin’s latest price strength may be masking cracks in its underlying momentum.

Bitcoin’s Next Bullish Surge Could Follow Historic Pattern, Predicts CryptoQuant

Bitcoin's recent price decline has prompted analysts to revisit market patterns, with CryptoQuant suggesting that the current correction follows a historical trend.

Bitcoin’s Parabolic Curve Enters Final Stage, Analyst Says

According to market analyst Merlijn The Trader, Bitcoin has officially entered the “endgame” phase of its parabolic curve — the last step before what he describes as a vertical lift-off.

Bitcoin’s Parabolic Run: Could This Be Just the Beginning?

A prominent market analyst is optimistic about Bitcoin's future, following its substantial gains over the past month.

Bitcoin’s Parabolic Trend Still Intact – But for How Long?

Bitcoin may be on the verge of a powerful move that could define the rest of the year, according to one closely followed trader.

Bitcoin’s Path to $150K Unlikely Before 2025, Analyst Predicts

Bitcoin recently made headlines by briefly surpassing the $100,000 mark for the first time in its history, but its momentum stalled as it dipped back below this level.

Bitcoin’s Political Influence Set to Grow as Republicans Back Pro-Crypto Legislation

Bitcoin’s political importance is expected to grow significantly after Donald Trump and the Republican Party secured key election victories, according to the New York Digital Investment Group (NYDIG).

Bitcoin’s Price Closely Mirrors ETF Inflows, Not Corporate Buys

While Bitcoin’s recent stagnation has triggered debate over what’s really influencing the market, analysts at K33 Research say exchange-traded fund flows are still the dominant force — far more so than the activity from corporate treasuries.

Bitcoin’s Price Moves Like Small Tech Stocks, Says JPMorgan

JPMorgan analysts have found that Bitcoin’s performance closely mirrors small-cap tech stocks, particularly those in the Russell 2000 tech sector.

Bitcoin’s Pullback Seen as Pause Before Potential Rally Toward $160,000

Bitcoin’s recent consolidation appears to be a pause, not a reversal, as the world’s largest cryptocurrency continues to hover near its all-time highs.

Bitcoin’s Rally Could Be Entering Final Stage, Say Analysts Eyeing $130K Resistance

As Bitcoin continues its upward momentum in 2025, analysts are beginning to warn that the current bullish phase might be nearing its peak.

Bitcoin’s Rally May Continue Uninterrupted, Says Analyst

A popular crypto analyst believes Bitcoin could be entering a period of sustained growth, with little chance of significant pullbacks in the near future.

Bitcoin’s Realized Cap Hits Record as Market Eyes Six-Figure Return

Bitcoin is on the verge of regaining its psychological threshold of $100,000, and analysts at CryptoQuant explain some of the reasons behind the rise.

Bitcoin’s Recent Trends: Consolidation or Coming Crash?

Mark Yusko, the CEO and Chief Investment Officer of Morgan Creek Capital Management, recently weighed in on Bitcoin's market dynamics.

Bitcoin’s Record Run Faces Nasdaq Risk, Economist Warns

Economist Henrik Zeberg is cautioning that Bitcoin’s surge may be far less independent than many believe.

Bitcoin’s Role as a Safe-Haven Asset Grows, Says NYDIG

Bitcoin may be carving out a new identity as a reliable store of value during periods of financial turbulence, according to the New York Digital Investment Group (NYDIG).

Bitcoin’s Role Expands as Investors Look Beyond Gold and Treasuries

As concerns grow over government debt and global instability, Bitcoin is increasingly seen as a serious alternative to both gold and U.S. Treasuries.

Bitcoin’s Role in Finance Is Changing – Here’s Why

Bitcoin’s reputation as a hedge against economic turmoil is fading as it moves in step with traditional risk assets.

Bitcoin’s Role in Global Finance Strengthens After Trump’s Move, Says Mike Novogratz

Mike Novogratz, billionaire investor and CEO of Galaxy Digital, weighed in on Donald Trump’s groundbreaking decision to establish a U.S. Strategic Bitcoin Reserve.

Bitcoin’s Scarcity and Institutional Demand Could Propel It to $200K

Bitcoin reserves on exchanges have hit their lowest level in seven years, signaling a tightening supply that could push prices higher.

No Comments yet!

Your Email address will not be published.