CryptoQuant Confirms New Bitcoin Bull Market Amid Strong Technical Signals

CryptoQuant analysts say Bitcoin has given a significant technical signal confirming its entry into a new bull market. The upward movement in Bitcoin and altcoins has been attracting attention, with $BTC climbing above $87,000 since January.

The analysts note that the reclaiming of the 365-day moving average around $80,500 was a significant indicator that the market was changing direction. This means $BTC has recovered that average for the first time since March 2023.

Bull markets were observed after the 365-day moving average rose above levels seen in 2019 and 2023, while downward breaks in late 2021 and November 2025 coincided with bear market periods. The Bull Score has been in bullish territory since mid-August and is currently at the 80 level.

The key supply zone between $76,000 and $81,000 was also surpassed by Bitcoin, which overcame the strongest supply resistance it had faced in the short term. However, CryptoQuant notes that corrections are possible, with significant support levels at $80,400 and $70,600.