Bitcoin's Bull Score just slipped to 90 out of 100, according to CryptoQuant — still strong, but a warning sign is flashing underneath.
The reason: spot demand has shrunk by roughly 170,000 BTC over the past 30 days, even as price holds steady near $83,230 (+0.03%).
Translation: Bitcoin is climbing on thinner and thinner buying pressure. Not a crash signal — but a "watch closely" one.