Bitcoin On-Chain Signals Flash Bull Market as Price Eyes $83,000 Breakout
CryptoQuant’s Bull Score rocketed from 30 to 80 in a single week, signaling the fastest regime flip in over a year. A 24% rally pushed Bitcoin above $81,000, driven by US Treasury buybacks and macro liquidity. The final hurdle remains a decisive daily close above the 365-day moving average at $83,000.
On-chain metrics are screaming upside as Bitcoin flips into a full-scale bull market regime. CryptoQuant’s composite Bull Score jumped from 30 to 80 in just seven days, marking the sharpest sentiment pivot seen in twelve months. Eight out of ten core inputs now flash green, driven by simultaneous expansion in spot and futures demand.
The macro backdrop provided the initial ignition spark as the US Treasury announced plans to double long-term bond buybacks to four billion dollars per round. The resulting liquidity surge sent Bitcoin up 24% to hit $81,272 on Binance before consolidating near $79,200.
Despite the overwhelming momentum, one key technical obstacle stands in the path to official confirmation. Bitcoin must clear and hold above its 365-day moving average near $83,000 to validate the macro breakout.
Short-term friction remains visible on the horizon as trader profit margins touch 20.5% and whale exchange deposits rise. Yet with institutional risk appetite sitting at near-record levels, any immediate pullbacks are likely to get absorbed quickly.