Bitcoin: CryptoQuant Sets $83,000 as the Bull Market Threshold

11h ago•

bullish:

bearish:

Bitcoin facing a mountain representing the $83,000 threshold for a new bull market.

After a 24% increase, bitcoin shows several signs of improvement. CryptoQuant estimates that this rise has shifted on-chain and demand indicators into a bullish zone. Its Bull Score has increased in one week while spot demand accelerates. However, the analysis does not yet consider the cycle change confirmed. A technical level must be crossed to validate this new market phase.

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11h ago•

Cointribune

bullish:

bearish: