Bitcoin Bull Score Soars on Surging Market Liquidity

Bitcoin's price surge has some calling it a 'bull market cycle', according to CryptoQuant data. The firm's Bull Score jumped from 30 to 80 in just one week, its highest level since October 2025 when Bitcoin traded near $124,000.

The sharp increase suggests underlying market conditions have shifted significantly in favor of buyers, despite some short-term selling pressure. Traders' unrealized profit margin climbed to 20.5%, its highest level since June 2025, and Bitcoin whales realized around $614 million in profits in a single day.

Rising exchange inflows also suggest long-term holders are taking advantage of stronger market liquidity to lock in gains. Bernstein has raised its long-term Bitcoin outlook, expecting it to reach $150,000 by mid-2027 before potentially climbing toward $300,000 in 2029.