The Bitcoin Bull market indicators are predominantly bearish despite registering Bitcoin a slight recovery on Friday up to $ 116,000, according to the cryptoquant.
Eight of ten of the cryptoquant bull score indicators shine for bitcoin, and the “momentum is clearly cooling,” cryptoquant analyst Ja Maartun Says on Thursday.
The signals of the blockchain platform platform of the bull score are made up of ten indicators, and only two of them are emerging: “Bitcoin’s demand increases” and “technical signals.”
Bitcoin’s demand increase is a measure of how much the market is required for the owner, and it has been bullish since July, while the “technical signal” has appeared to monitor the common indicators of technical and scale examination.
However, the rest – MVRV-Z Score, profit and loss index, bull bear cycle indicator, inter exchange flow pulse, network activity index, stablecoin liquidity, trader onchain profit margin and trader realize price – all in red.
The MVRV-Z mark is the market value of the realized value, which measures the BTC price ratio compared to its realized value. Revenue and loss indexes show how much supply is in income, the cycle indicators show the current emotion, and the pulse of the exchange flow indicates how much possession is transferred to and from the exchanges.
The last hour eight out of ten indicators were Bearish was in April when the bitcoin (Btc) Hangs at $ 75,000. In July, eight out of ten of these indicators were in green when the BTC hit the first peak this year $ 122,800.
Bull market peak not here
The overall index of the cryptoquant bull score index – which measures all of the above -combined indicators – is that -oscillating between 20 and 30 this month as the correction continues.
Coinglass Crypto Bitcoin Bull Run Index (CBBI), which studies nine metrics to determine what stage of the bull market, is currently Register 74, nearly three-quarter in the bull market.
However, only one of the 30 coinglass bull market peak indicators was flashing up, and that was the Altcoin season index.
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The bitcoin lagging altcoins, stock and gold
Crypto prices are covering water this week, “but in the BTC caught a noticeable both compared to its peer group as well as the equally and are gold -like areas,” Augustine’s fan, head of views on Crypto Trading Software Service provider Signalplus, told CointeleGraph.
He added that the net purchase of the momentum slowed down the purchase of the digital asset purchase of the collapse, as well as centralized exchanges reporting low levels of new capital overlapping, “with investors preferring to stay inside equity proxies.”
“The short-term picture looks a bit more difficult, and we prefer a more defensive bearing that is in line with the hard seasonal story with risk properties in general.”
However, some of the wide expectations put it September correction and predicted an extended Bull Market.
“Global liquidity recovers and tries to hit a new high,” noticed Crypto podcaster Tony Edward, added, “It feels like the bull market cycle is expanding and we can see a local top in the Q4 and blowoff top in Q1 2026.”
BTC captures $ 116,000
Bitcoin made a move during early trading on Friday, leading $ 116,000 for the first time in three weeks following a 1.5% day -to -day gain.
The possession now is only 6.8% away from all times high, and the correction to this day has become heavier than the previous cycles.
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