BTC Needs Break Above $83,000 to Confirm Bull Market

BTC has entered the early stages of a new bull market, but it needs to break above its 365-day moving average at $83,000 to confirm the trend.

CryptoQuant's Bull Score jumped from 30 to 80 in a week, indicating real spot accumulation and the return of leverage. Spot demand is posting its fastest monthly growth since December 2025, with eight out of ten on-chain, market, and valuation indicators signaling bullish conditions.

However, signs of short-term overheating are building, including a sharp rise in traders' unrealized profit margins to 20.5%, the highest since June 2025. Exchange inflows also surged, reaching about 53,000 BTC for Bitcoin, increasing the supply immediately available for sale.