Bitcoin Bull Score Jumps to 80 as Spot Demand Surges

CryptoQuant has reported a significant rise in Bitcoin’s Bull Score, which jumped from 30 to 80 within a week. This shift signals the potential early stages of a new bull market, as indicated by growing spot demand. The implications of this data suggest that traders should closely monitor price movements and key resistance levels as the market evolves. More details can be found in Wu Blockchain’s tweet.

Breaking It Down

Bitcoin’s recent performance has drawn attention, particularly as it gained 24% since August 17, reaching a price point of $80,000. CryptoQuant’s Bull Score indicates a bullish trend, with eight out of ten indicators signaling positive momentum. However, the market still requires a close above the 365-day moving average near $83,000 for further confirmation of this bullish phase. Additionally, the simultaneous expansion of spot and futures demand marks a notable shift since early October 2025.

The Essentials

• Bitcoin’s Bull Score has increased to 80, marking a significant bullish indicator. Spot demand is expanding rapidly, the highest since late December 2025. Eight out of ten market indicators are currently flashing bullish signals. A close above the 365-day moving average near $83,000 is essential for confirming market trends. Traders should be aware of potential short-term selling pressure as whale profits have reached a record high.

Market Snapshot

Recent market activity shows Bitcoin’s upward momentum, with key resistance levels being tested. Market sentiment reflects a cautious optimism as Bitcoin’s Bull Score rises, suggesting that traders are positioning themselves for potential price increases. The overall crypto landscape remains mixed, highlighting the importance of monitoring Bitcoin’s performance against other major assets.

Bitcoin is the leading cryptocurrency, often seen as a bellwether for the entire market. CryptoQuant, a data analytics platform, specializes in providing insights into cryptocurrency market dynamics, making their reports influential for traders and investors.

Eyes on These Levels

Traders are advised to keep a close watch on Bitcoin’s performance around the $83,000 level, as this will be critical for confirming bullish trends. Any significant movements beyond this threshold could signal a stronger upward momentum. Moreover, the combination of increased whale profits and rising exchange inflows suggests potential volatility ahead that traders should prepare for.

This article is for informational purposes only and does not constitute financial advice.