CryptoQuant’s Bitcoin Bull Score has crossed above 60 for the first time since October 2025, a signal traders had been waiting months for. BTC is currently trading around $77,627, up 9.3% over 24 hours and over 21% week-over-week, though it remains 38.5% below its all-time high of $126,195. The indicator combines ten on-chain metrics, six of which have turned positive, including demand growth, stablecoin liquidity, and trader realized price. The MVRV ratio has also risen from approximately 1.2 to 1.4, a movement that has historically coincided with exiting market bottom zones. Additionally, US spot Bitcoin ETFs recorded $606 million in net inflows on August 20, marking their fourth consecutive day of positive flows.
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