TechFlow News, Oct. 6 — Analyst Darkfost said the Bitcoin Bull Score Index currently stands at 80/100, remaining firmly in bullish territory, with multiple indicators continuing to support the current upward momentum.
However, spot demand remains the main lagging indicator. Darkfost noted that spot trading volume is still limited, and the market has yet to see clear spot demand. In Darkfost’s view, this is the key factor still missing from Bitcoin’s current market rally, and spot demand is typically one of the last indicators to improve.
However, spot demand remains the main lagging indicator. Darkfost noted that spot trading volume is still limited, and the market has yet to see clear spot demand. In Darkfost’s view, this is the key factor still missing from Bitcoin’s current market rally, and spot demand is typically one of the last indicators to improve.