Bitcoin Blasts Past $80,000 Threshold as Bull Market Indicators Strengthen
Bitcoin (BTC) has surged 28% in eight days, reaching its strongest price level in nearly 15 weeks of $81,265 before retreating beneath $80,000. This impressive uptrend has injected approximately $350 billion into Bitcoin's total market capitalization and wiped out three months of declines within a single week.
CryptoQuant's Bull Score soared from 30 to 80, marking its strongest reading since October 2025. The blockchain analytics platform noted that eight out of the index's ten component indicators are displaying bullish signals, with spot market and futures demand increasing in tandem for the first time since early October 2025.
Market analyst Bull Theory documented this milestone on social media, stating: 'Bitcoin hits $80,000 for the first time in almost 15 weeks. It is now up 28% in the last 8 days adding $350 BILLION to its marketcap.' The commentary underscored the dramatic shift in market psychology.