CryptoQuant's Bull Score Index has climbed to 90, following #Bitcoin 's break above its 365-day moving average.

But there's a catch: buying demand is weakening.

$2.39B in weekly

$BTC ETF inflows

Spot demand: ~170,000 BTC contraction over 30 days

Futures demand growth: down ~90% in 15 days

Profit-taking: 25,700 BTC realized on Sept. 22

#BTC recently pulled back from $87,400 toward $83K-$84K as resistance near $85K-$85.8K held.

The Bull Score signals broadly bullish conditions, but weaker spot demand and slowing futures activity raise questions about the rally's strength.

Resistance: $85K-$85.8K

▲ Support: $81.5K-$83K

#BTC Price Analysis#

BTC

0.37%

Bullish