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Markets

Bitcoin Bull Score Hits 80 as $83,000 Resistance Looms

Published 27 August 2026

Bitcoin's price has rallied sharply over the past week, with onchain analytics firm CryptoQuant reporting a significant shift in market sentiment that could signal the early stages of a new bull market. The firm's proprietary Bull Score indicator surged from 30 to 80 within seven days, its highest reading since October 2025 and the fastest acceleration in a year. This move coincided with Bitcoin gaining more than 25% since early last week, briefly climbing above $81,000 before easing toward $79,000 as traders assessed the sustainability of the rally. The Bull Score is a composite metric that evaluates ten network and market indicators simultaneously.

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