Bitcoin indicators turn bullish as CryptoQuant sees early bull cycle signs

Bitcoin is showing early signs of entering a new bull cycle, according to analysis from CryptoQuant, as a significant rally pushes key market indicators into bullish territory. The cryptocurrency surged approximately 24% over the past week, climbing from below $65,000 to briefly surpass $81,000 on August 25, its highest level since mid-May. This advance has been supported by strengthening demand and liquidity, though analysts caution that a critical technical level must be cleared to confirm the trend.

CryptoQuant's Bull Score, a composite index tracking market health, jumped from 30 to 80 in one week, reaching its strongest reading since October 2025. Eight of the ten underlying indicators are now classified as bullish, suggesting the improvement extends beyond simple price momentum. The firm noted that spot and futures demand are growing in parallel for the first time since early October 2025, indicating a broader base of buyers rather than a rally driven solely by speculative leverage.

Institutional flows have reinforced this positive shift. U.S. spot Bitcoin exchange-traded funds recorded approximately $1.92 billion in net inflows for the week ending August 21, their...