CoinDesk Podcast Network BITCOIN SEASON 2: Where Does Bitcoin Peak This Cycle?
Jul 15, 2025
Bitcoin's recent surge past $122K has turned heads, flipping major players like Amazon. Predictors speculate wildly, with targets ranging from $150K to an ambitious $400K. The discussion dives into the Mayer Multiple indicator and how boomer ETF flows could be influencing market dynamics. Analysts dissect whether the traditional four-year cycle still applies as they navigate Bitcoin's bullish momentum. Plus, the potential of BlackRock's Bitcoin ETF is reshaping investor attitudes, sparking excitement and predictions in the crypto space.
AI Snips
Chapters
Transcript
Episode notes
Bitcoin Surpasses Amazon Market Cap
- Bitcoin's market cap surpassed Amazon's, hitting $2.4 trillion and setting new records.
- To flip gold's market cap, Bitcoin needs to multiply by ten times from current levels.
Mayer Multiple Signals Accumulation
- The Mayer Multiple measures Bitcoin price relative to its 200-day moving average, indicating buying opportunities below 2.4.
- Currently, Bitcoin's Mayer Multiple is about 1.12, suggesting it is not overheated despite high prices.
Peter Brandt's Parabolic Advance Model
- Peter Brandt uses parabolic advance lines to model Bitcoin price cycles and identify tops and bottoms.
- He suggests $150,000 as a conservative take-profit level while acknowledging room for further gains.