Bitcoin's bull score index just left bear territory. There's a warning attached.
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- CryptoQuant reports its Bull Score Index reached a neutral 50, the first time since Bitcoin’s $126,000 peak.
- Julio Moreno notes the index’s 50‑point reading mirrors a March 2022 signal that preceded a sharp price drop below $20,000.
- Bitcoin price rallied from ~ $60,000 to $78,000, aligning with the index’s shift from bearish to neutral territory.
Why it matters: Institutional crypto funds see a 10% inflow as the Bull Score hits neutral, boosting Bitcoin’s market cap above $1.5tn, while short sellers risk mounting losses if the uptrend holds.
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