CryptoQuant Bull Score Soars to 80 Amid BTC Rally

CryptoQuant's Bull Score has surged to an impressive 80, signaling that Bitcoin may be entering a new bull market regime. This significant jump from 30 in just one week indicates a strong rally for BTC.

The US Treasury's plan to double long-term government bond buybacks and hints of the US government considering purchasing Bitcoin have fueled this move. As a result, eight out of ten metrics now read bullish, with spot demand expanding at its fastest monthly pace since late December.

CryptoQuant's analysis suggests that this is the early stage of a new bull market, but it still needs official confirmation. A close above Bitcoin's 365-day moving average, which stands at ~$83,000 today, would provide this confirmation.

However, CryptoQuant warns that the market can experience near-term corrections, citing trader unrealized profit margins of 20.5% (highest since June 2025) and record $614M in whale realized profits on August 20.