Bitcoin Bulls Eye $83K as Bull Score Soars

CryptoQuant's Bull Score indicator skyrocketed from 30 to 80 points over just one week, marking the fastest acceleration in twelve months for Bitcoin.

The digital asset's price surged to an intraday high of $81,272 on Binance this Tuesday, representing its highest level since May 15, 2026.

However, analysts note that Bitcoin still needs to overcome a significant hurdle, its 365-day simple moving average sits at $83,000 as of August 25, 2026. The Bull Score index evaluates ten network and market indicators simultaneously, with eight currently in positive territory.

According to Julio Moreno, Head of Research at CryptoQuant, the market regime has shifted phases, suggesting a bull cycle is underway. Nevertheless, the technical structure still requires a daily close above the 365-day moving average.